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Arbitration Details

JAMES GREEN NFA ID: 0209125

An NFA Arbitration claim is a futures or forex related dispute involving a customer and an NFA Member (or employee) or Associate. It is not a regulatory action.
NFA only discloses information concerning arbitration cases that have been decided by an arbitration panel. NFA does not release the names of parties who have settled their parts in the cases. Furthermore, NFA does not report or release information on cases that closed before January 1, 1990, cases that are still pending, or cases that were settled, withdrawn or rejected. Therefore, the number of NFA Arbitration Decisions reflects the total number of claims filed in NFA Arbitration that were decided by an arbitration panel. These decisions may have been decided in favor of the Claimant or Respondent.
Effective January 1, 2000, NFA discloses the names of persons who represent parties in NFA customer arbitration proceedings if the matters were decided by an arbitration panel. As of the same date, customers may no longer ask NFA to keep their identities confidential.

Case Summary
 Case No.FiledDecision DateProduct
 90ARB0015207/06/199006/26/1991
Summary of Parties
 CustomersMembersRepresentatives
• DAVID HOMIAK• GEORGE FREDRICK BAILEY
•  BROKERS RESOURCE CORP
• KAREN LYNN CERNEY
• THOMAS PATRICK CONROY
• JOSEPH DOWNES
• KEVIN PHILLIP DOYLE
• DAVID ROWEN EVERSMAN
• JAMES GREEN
• BURTON JAY GUTTERMAN
•  INDEX FUTURES GROUP INC
•  JACK CARL 312 FUTURES INC
• JOEL STUART KARLIN
• THOMAS A KLOET
• PETER ALEXANDER LASKARIS
• RICK DEAN LEESLEY
• BRUCE MATHIAS
• BURTON J MEYER
• GIRARD GEORGE MILLER
• PATRICK G PINKERTON
• VICTOR PROEH
• TED JAMES RYAN
• EDWARD WERNER SCHWARZ
• CHARLES WESLEY STARNES
• DWIGHT G STEINHAUSER
• PHILIP A TANZAR
• LAURA ANN TAYLOR
• PAUL T TORGERSEN
• MARK BERNARD VAUGHN
• BENJAMIN STURDIVANT YANDELL
• JAMES KOCH
• MICHAEL L MADUFF
Proceeding Details
 Panel TypeNumber of ArbitratorsProceeding TypeLocation (City, State)
 NON-MEMBER3HEARINGCHICAGO, IL
Summary of Awards and Claims
 Type Claim Amount Counter Claim 3rd Party Claim Cross Claim
 
Compensatory
Punitive
Treble
Interest
Attorney Fees
Costs
 Claim Award
$19,999.31$5,500.00
$0.00$0.00
$0.00$0.00
NA$0.00
NA$0.00
NA$0.00
 Claim Award
$0.00$0.00
$0.00$0.00
$0.00$0.00
NA$0.00
NA$0.00
NA$0.00
 Claim Award
$0.00$0.00
$0.00$0.00
$0.00$0.00
NA$0.00
NA$0.00
NA$0.00
 Claim Award
$0.00$0.00
$0.00$0.00
$0.00$0.00
NA$0.00
NA$0.00
NA$0.00
Summary of Issues
CHURNING, MISREPRESENTATION, PROPER DISCLOSURE, FAILURE TO FOLLOW TRADING PROGRAM, BREACH OF FIDUCIARY DUTY, ESTOPPEL, RATIFICATION, SUITABILITY

PRODUCT INVOLVED - FUTURES (DOMESTIC EXCHANGE)

AWARD AGAINST RESPONDENTS JOEL KARLIN AND INDEX FUTURES GROUP, INC. ONLY. CLAIM DISMISSED AGAINST REMAINING RESPONDENTS.

 
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