N.A.3.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter or the Arnitration Between Name of Claimants, Vivian Hicoiaievsky & Raquei Reisbaum Lasky and 91-02485 Name of Respondents Bear Stearns & Co., Inc. & Avi Rojany REPRESENTATION OF PARTIES Claimants Vivian Nicolaievsky and Raquei Reisbaum Lasky were represented by Michael P. Cillo, Esq. of Davis & Ceriani, P.C., Denver, Colorado. Respondents Bear Stearns & Co., I

N.A.S.D. AWARD NATIONAL ASSOCXATICN OF SHLUK1TIEB DEALERS In the Matter of the Arbitration Between Stanley P. Smidt, Jr. vs NASD #91-02399 Dean Witter Reynolds, Inc. David G. Walters ?or Claimant: William P. Ibrngren, Raq. * Bartel Eng Miller & Tbrogren For Respondent: Kenneth C. Mannemeir, Esq. - Orrick, Harrington & Sutchiffe Statement of man™ filed: August 5, 1991 Claimant's fln>»ri g^ •< ,< *« Agreement signed on: vAme 28, 1991 Joint State

N.A.S.D. AWARD NMTONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of fr|a ' < TT iant(5) !5ny Zoror 91-02300 Name of Respondent (a) Corporate Securities Group, Inc. SalihM. Zwaln Claimant: J. 1Mn>v»rn t ESCJ. For Respondent: C . Scarlett, Esq. CftSE IHPCKMftTHK Statement of (Tln-hn filed: July 29, 1991 Claimant's Submission Agreement signed on: July 25, 1991 Statement of

N.A.S.D. AWARD NATIONAL ASSOCTATICN OF SECORITHS DEALESS In the Matter of the Arbitration Between Of First Interstate Bank of Nevada, N.A. , Trustee Of *"*"> Adolph FTT^^T 1989 Living Trust and tH^nnAarr- t*r a Nevada vs. NASD f 91-02216 arnj Robert Reidy For daimantat William R. nrga, Esq., and J. Douglas Drlggs, Jr., Esq., JOLLEY, OROW WIKIH & WOCDBORy, Las Vegas, Nevada For RespoDdents: Eugene L. Snail, Esq., Ctpenhelner &

M.A.S.D. AWMD ASSOCIftTICN OF SHJUklTiKS DEALERS In the Matter of tha Arbitration Between Tan H. vs. 91-02162 Mama of Rasoondent (s) Paul Arutt Par Claimant: Richard A. Love, Eaq. For Respondents: Richard J. Bluoberg, Esq. Plan Statement of Haim filedi July IS, 1991 Claimant "3 Submission Agreement signed ons July 10, 1091 Statement of Answer filed by Respondent onx Septsnfcer 5, 1991 Respondent's Submission Agreement signed oat

Award NASD Regulation, Inc. In the Matter of the Arbitration Between: Todd Rexrode, (Claimant) vs. GRO Corporation, (Respondent). Case Number: 99-02968 Hearing Site: Houston, Texas REPRESENTATION OF PARTIES Claimant, Todd Rexrode ("Rexrode"), hereinafter referred to as "Claimant": pro se, Houston, Texas. Respondent, GRO Corporation, hereinafter referred to as "Respondent": Robert P. Ross, GRO Corporation, Houston, Texas. CASE INFORMATION Sta

N.A.S.D. AMMO) ttAXXOHAL ASSCdATICN OP SBCOHITTBS la cba Matter of ta» Arfaitratim Naaa of Jay Kopf George Levien 91-01747 consolidated w/91-01839 Otra Securities Group Inc. First Pideltiy capital Ted Rubin Claimants Jay Kopf and George Leviea ("Claimants") were represented by Jacob Zamansky, Esq. of Hisckley & Silbert, P.C. Respondent Otra Securities Group, Inc. ("Otra") was represented by Scott Monaco, Esq. of Otra Securities G

N.A.S.D, AMRED NATXCOTL ASSOCXMJKU OF SBCOHITISS DEALERS In t±a Hatter of the Arbitration Between Q£ Karen. Jean Hale NASD Arbitration. Nb.91-01609 NmeofRgsQandgats r IOC. For Claimant: James C. Krause, Esq. and M. Fariz Ovais For Respondent: B4«rd S. SanacD, Esq. - Pxurtmtlal Securities Inc. Statement of nalm filed: May 23, 1991 n aHTtBOTT|i-]j' < aiv«Trigj;4i«ir\ Agreoneats signed oat May 13, 1991 Joint Statement of r>iin»mi fil

N.A.S.D. AWARD AssociancN OF SECGRITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Lola Fana Jean Lee NASD Arbitration No. 91-01363 of Ssrriyncnerce, Fanner & Sndth, Inc. William B. Linas Tedfozxi L. Wbodard For dainant: Lionel Z. Clancy, Esq. For Respondent: V. Janes Mum, Esq. - Merrill Lynch, Pierce, Fencer & Smith Statement of Halm filed.: April 30, flp'tmanfrg* fltdHiri «MH nr\ Agreement signed on

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of Arbitration Between Name of Claimant Sherwood H. Brieloff vs. T Case#: 91-01315 Name of Respondent Herzog Heine Geduld. Inc. and Abe Bramnik REPRESENTATION For Claimant: Steven Wilk, Esq., New York, New York. For Respondent: Herzog, Heine Geduld. Inc.: William A. Jacobson, Esq. of Miller & Wmbel, PC. Providence, Rhode Island. For Respondent Abe Bramnik: Robert