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Arbitration
Decision Number: 2003-011568
New York Stock Exchange
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In the matter
of Arbitration Between:
Ronald
E. Comer, Lisa K. Comer v Salomon Smith Barney, Inc.
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Attorneys:
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For
Claimant(s):
William B. Federman - Oklahoma City, OK
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For
Respondent(s):
Joseph A. Sack - New York, NY
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Date Filed: 03/17/2003
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First Scheduled: 09/22/2004
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Decided: 11/18/2004
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Case Summary:
Claimants, public customers, allege that the firm?s registered
representative recommended unsuitable equities, had undisclosed
conflicts of interest, violated federal and state securities laws,
engaged in misrepresentation, breach of fiduciary duty and acted with
gross negligence.
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Product: Equity
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Market: NASD
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Claim Data
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Claim
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Claim:
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$100,000.00
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Punitive:
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$0.00
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Atty Fees:
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UNSPECIFIED
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Deposit:
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$500.00
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Award Data
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Award
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Award:
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$0.00
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Punitive:
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$0.00
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Atty Fees:
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$0.00
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Costs:
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$0.00
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Case:
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Ronald E. Comer, Lisa K. Comer v Salomon Smith Barney,
Inc.
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Docket:
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2003-011568
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Decision: The
undersigned arbitrator(s) have decided and determined that in full and
final settlement of all claims between the parties that:
Decision
for Respondent Salomon Smith Barney, Inc. There is no award on the
Statement of Claim. NYSE forum fees of $4,400.00 are assessed against
Claimants Ronald Comer and Lisa K. Comer.
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The
undersigned arbitrators hereby affirm that they have executed this
instrument which is their award:
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Arbitrators: (D=Dissents)
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Signatures:
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Alexander B. Mitchell
Phil E. Macy
Rowland Denman
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City: Oklahoma City
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State: OK
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Date: 11/18/2004
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Docket#: 2003-011568
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Sessions: 6
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Hearing Dates:
11/09/2004(2)
11/10/2004(2)
11/11/2004(2)
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