In June, 1986, petitioner commenced an arbitration proceeding before the National Association of Securities Dealers (NASD) with regard to a "bonus" allegedly due for services rendered to respondents concerning the financing of various projects in early 1985. In May, 1987, the claim was heard before three members of the securities industry selected by the NASD, and in August, 1987, said panel released its findings, without memorandum, dismissing all petitioner's claims.
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