SNM Global Holdings (SNMN)

[louieforpar]

Respondents in this case were Gruntal(the firm)and Troy Lowman(the broker)
Respondents were ordered to pay the handicapped client $57,000 of her own money that was withdrawn without consent at the request of Troy's Daddy by Troy Lowman himself as the broker.

Claimant alleged that Respondents ignored their client's instructions by, inter alia, refusing
to send Claimant monthly statements, permitting the elder Lowman to withdraw the principal
that Claimant had contributed, engaging in trading of options based on forged documents,
engaging in trading of options that was not suitable in any event, and refusing to permit
Claimant to withdraw the funds she contributed in the first place.

AWARD
After considering the pleadings, the testimony and evidence presented at the hearing, the
Panel decided in full and final resolution of the issues submitted for determination as follows:
1. That Respondent Gruntal must release to Claimant, the entire sum of money in the
Gruntal joint account #721-877-216 of Marie E. Myers and Kenneth Lowman, Sr., as
of June 1, 2000, plus any and all accrued interest in the joint account up to the date
of disbursement of the funds; and

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