NASD Sues Dean Witter Over Elderly Investor Losses
The NASD accuses Dean Witter Reynolds and two executives of fraudulently marketing Term Trusts as safe bonds to thousands of elderly investors in the early 1990s. About 30,000 lost $65 million when 1994 value dropped. Dean Witter disputes the allegations.
MENTIONED IN THIS ARTICLE
New York
National Association of Securities Dealers
Dean Witter Reynolds
NASD
Dean Witter
John B. Kemp
Lawrence J. Solari Jr
Nasdk
Bret Gallaway
Morgan Stanley Dean Witter Co
Barry R. Goldsmith
Goldsmith
Morgan Stanle
Yark Stock Exchange
R and M Music: a neighborhood hub of lessons and instruments
R and M Music at 412 Silver Bluff Road opened in July 1976 under Robert and Martha Cathcart. The store sells pianos, organs, guitars, and more while emphasizing education with organ classes for seniors at 19.95 per 10 weeks. About 50 to 60 students in Aiken and 35 in Augusta take lessons, plus community gatherings and gospel music events. The business is near Kroger, with phone 648-3201 for details on instruments and accessories.
MENTIONED IN THIS ARTICLE
Silver Bluff Road
R & M Music
Robert and
Martha
Cathcart
Aiken
Augusta
Roland
Kroger
Pine Lo
Silver Blut Road
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