Big Award by Panel: The National Assn....

Big Award by Panel: The National Assn. of Securities Dealers said an arbitration panel has ordered that Nancy L. Cooper, 42, of Atlanta be paid $1 million by broker D. Elliott Dahle Jr. and $2.1 million by Shearson Lehman Hutton Inc., his former employer. Cooper charged that Dahle traded in her account to generate commissions--a process called “churning”--and breached his fiduciary duty, purchased stock on credit without her permission and bought investment products that were unsuitable.