Arbitration Details

UNIVERSAL COMMODITY CORPORATION NFA ID: 0244735 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information on cases that closed before January 1, 1990, cases that are still pending, or cases that were settled, withdrawn or rejected.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. Filed Decision Date Product  95ARB00162 08/28/1995 08/13/1996 Options (Domestic Exchange) Summary of Parties  Customers Members Representatives • WILLIAM WEBER • ROSEANNE WEBER • DANIEL ALAN GETZ • GERRI STERNFELD •  UNIVERSAL COMMODITY CORPORATION • CHRISTOPHER ROSSER • HOWARD STEIN Proceeding Details  Panel Type Number of Arbitrators Proceeding Type Location (City, State)  NON-MEMBER 3 HEARING PHILADELPHIA, PA Summary of Awards and Claims  Type  Claim Amount  Counter Claim  3rd Party Claim  Cross Claim   Compensatory Punitive Treble Interest Attorney Fees Costs  Claim  Award $37,490.00 $0.00 $74,980.00 $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 BREACH OF FIDUCIARY DUTY, SUITABILITY, KNOW YOUR CUSTOMER, FRAUD, PUNITIVE DAMAGES, RATIFICATION, FAILURE TO MITIGATE, CLAIMANTS' MIREPRESENTATIONS, NON-DISCRETIONARY ACCOUNT, CLAIMANTS UNDERSTOOD RISKS, NO COGNIZABLE CLAIM FOR SUITABILITY AND NO MISREPRESENTATIONS. CLAIM DISMISSED. CUSTOMER CLAIMANTS RECEIVED NOTHING.