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SHEARSON HIT WITH ARBITRATION CLAIM ALLEGING DISCRIMINATION IN THE FIRING OF HIV-POSITIVE EMPLOYEE

 SHEARSON HIT WITH ARBITRATION CLAIM ALLEGING DISCRIMINATION
 IN THE FIRING OF HIV-POSITIVE EMPLOYEE
 NEW YORK, Nov. 12 /PRNewswire/ -- In a case of apparently first impression, an arbitration claim was filed today with the NASD (National Association of Securities Dealers) against a brokerage house alleging discrimination in the firing of a HIV-positive employee, Steven M. Kramer, attorney for the claimant said today.
 Kramer issued the following statement:
 A 27 year-old female secretary at Shearson's private clients' group filed a claim today with the NASD.
 She alleges that after she told her supervisor in confidence that she was HIV-positive, she was the target of trumped up attacks on her performance. Prior to the disclosure, she had been repeatedly complimented for her work.
 She was fired soon thereafter. At the time of her termination, her supervisor, Janet Coolick, told her: "I don't want you to think that this has anything to do with the fact that you are HIV-positive."
 Typically, the arbitration process is used for claims brought by brokers against brokerage houses or customers.
 The claimant's attorney, Steven Kramer, said that he has asked for "fast track" treatment of the case so that it can be heard before the end of the year: "My client is an innocent young woman who has been victimized her entire life, first by an alcoholic father, then by a deceitful boyfriend who gave her this illness and now by an employer to whom she has been completely loyal and conscientious. Shearson discarded her like a piece of garbage after she confided in them. Her work had always been exemplary in a high pressure position. It's really despicable. We hope that the NASD has the guts to make an example of Shearson so that this doesn't happen to anyone else."
 -0- 11/12/92
 /CONTACT: Steven Kramer of Steven M. Kramer & Associates, 212-586-0707/ CO: Steven M. Kramer & Associates ST: New York IN: SU:


AH -- NY074 -- 0314 11/12/92 15:32 EST
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Date:Nov 12, 1992
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