SECURITIES

NYSE Denies Gutfreund’s $56.3-Million Claim: A New York Stock Exchange arbitration panel rejected John Gutfreund’s claim against the company he once led, Salomon Inc. The three-member panel said Gutfreund’s claims against Salomon and its Salomon Bros. Inc. subsidiary were “denied in their entirety.” In addition, the panel said Gutfreund must pay $96,000 in forum fees. Gutfreund, toppled in the wake of Salomon’s August, 1991, U.S. Treasury bond scandal, sought “to recover compensation, benefits, other damages, interest, costs and attorneys’ fees.” Gutfreund and his lawyers were not immediately available for comment.