NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Debra Giese Claimant(a) vs. 89-01261 F.D. Roberts Securities, Inc. and Wall Street Clearing Co. Respondent(s) NOTICE OF ARBITRATION AWARD CASE SUMMARY Claimant(s) Debra Giese alleged that Respondent(s) F.D. Roberts Securities, Inc. and Wall Street Clearing Co. committed an unauthorized trade in Claimant's account. Wall Street Clearing Company

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of Arbitration Between ) ) GERALD T. NIEDERT ) Claimant ) NASD No. 89-01256 v. ) ILLINOIS COMPANY INVESTMENTS, INC. } Respondent ) CASE SUMMARY In a Statement of Claim filed with the NASD on April 25, 1989, Claimant Gerald T. Niedert alleged that he was induced to purchase a public utility companies' stock by the representations made by Respondent's agent that this public

NATIONAL ASSOCIATION 'OF SECURITIES DEALERS In the Matter of the Arbitration Between Frances Barone Claimant(s) vs. Richard Olyniczak, Robert W. Caller, and New York Life Securities, Inc. Respondent(s) NOTICE OF ARBITRATION AWARD 89-01247 CASE SUMMARY •Claimant(s) Frances Barone alleged that Respondent(s) Richard Olyniczak, Robert W. Caller, and New York Life Securities, Inc. negligently mishandled Claimant's account held

NATIONAL ASSOCIATION OP SECURITIES DEALERS In the Matter of the Arbitration Between Oppenheimer & Co., Inc. Claimant(s) vs. 89-01242 Walter Zipfel and Jack Brennan Respondent(s) NOTICE OF ARBITRATION AWARD CASE SUMMARY Claimant (s) Oppenheimer & Co., Inc. alleged that Respondent (s) Walter Zipfel and Jack Brennan has not paid Claimant debit balance left in Respondents' account. Respondent(s) did not answer Claimant's allegati

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Michael T. Connell Claimant(s) vs. 89-01240 Robert Catoggio, Carl Lanzisera and Individual'a Securities, Ltd. Respondent(s) NOTICE OF ARBITRATION AWARD CASE SUMMARY Claimant(s) Michael T. Connell alleged that Respondents) Robert Catoggio, Carl Lanzisera and Individual's Securities, Ltd. executed unauthorized trades in Claimant's account held with

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Joseph M. Walker Claimant(s) vs. 89-01233 Graystone Nash, Inc. and Chet Ellis- Respondent (s) NOTICE OF ARBITRATION AWARD CASE SUMMARY Claimant(s) Joseph M. Walker alleged that Respondent(s) Graystone Nash, Inc. and Chet Ellis fraudulently mishandled Claimant's brokerage account held with Respondent. Respondent(s) deny Claimant's allegations.

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. CASE #89-01228 AWARD In the Matter of the Arbitration Between Mary Arakelian Li]i Aram Mash Sherene Aram Claimants vs. Leon Okurowski U.S. Boston Capital Corporation Respondents CASE SUMMARY Claimants, Mary Arakelian, Lili Aram Mash and Sherene Aram, allege that Respondents, Leon Okurowski and U.S. Boston Capital Corporation,placed them in- unsuitable investment vehicles such a

DEC 28* NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Gary Oatz and Lynn Oatz Claimants vs. AWARD #89-01227 Equities International Michael Ermilio Respondents Case Summary Claimants alleged that Respondent purchased stock for their account without their knowledge and permission and subsequently promised to remove the stock from their account but failed to do so correctly. Respondents Equities

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Jerry James , Trustee Mark Ancel Corporation Profit Sharing Plan AWARD vs . NASD =89-01225 2ngler-Budd & Company ) Oberweis Securities, Inc. j Gary Scharff Respondents REPRESENTATION Both Claimant and Respondent Gary Scharff represented themselves. SUMMARY OF ISSUES Claimant alleged breach of fiduciary duty, fraud, breach of oral

Award NASD Regulation, Inc. In the Matter of the Arbitration Between: ANNE M. ROCKAFIELD v. OLDE DISCOUNT CORPORATION AND PAUL SEALS Case Number: 99-2663 Hearing Site: Detroit, Michigan REPRESENTATION OF PARTIES Claimant Anne M. Rockafield ("Rockafield"), hereinafter referred to as "Claimant": Anthony V. Trogan, Esq., Weisman, Trogan, Young & Schloss, P.C., Bingham Farms, Michigan. Respondents, Party Old Discount Corporation ("Olde") and Paul Seals ("Se