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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?

To: jhild who wrote (43449)	4/26/2000 3:16:00 PM
From: jhild	Read Replies (2) \| Respond to of 43774

In an Aug. 2, 1995, decision I obtained, the NASD determined that "the evidence reflects deliberate misconduct by [Schmitz] and is indicative of his complete contempt for the rules and regulations which govern this industry." As a result, the NASD censured Schmitz, fined him $100,000, ordered him to pay $20,739.72 in restitution and be "barred from associating with any member firm in any capacity." The sanctions stem from actions Schmitz took early in the 1990s as a broker for Robert Todd Financial Corp., a now-defunct Long Island firm, in which regulators said he schemed to defraud his client, a disabled woman from Westbury. In related litigation, the Nassau County Supreme Court ordered Schmitz to pay the same woman $125,575 in damages on May 17, 1993. "My impression of this fellow Schmitz is that he took advantage of a person who was disabled," said the plaintiff's attorney Kevin Danow of Manhattan. Well now, here is a real Boy Scout, isn't he? A True Christian. (No wonder Emil is drawn to support the guy.) Cheat disabled women by day and cruise the Pinnacle Club Topless Parties by night? Life in the fast lane. Johnny we hardly know ya. (Good thing too.) I wonder if he parks in Handicap Parking Only spots as well?