N.A.S.D. AWAHD NKETCNAL ASSOCIATION OF SECURITIES DEALERS la the Matter of the Arbitration Between Mazy v. Roberts Marica Bleakley Jtorgaret Petrie Parrino 91-00255 Hame of Respondent (s) John T. MoCue First Investors Corporation For Claimants: Sanuel F. Abernetby, Esq. of Menaker & Heiiimnn in New York City. For Respondents: Glenn R. Reichardt, Esq. of KirJqpatrlck & Lockaart in Washington, D.C. Statement of naia filed: Janu

N.A.5.0. AWRRD NftTIONKL ASSOCIATION OF SECURITIES DEALERS In^the Matter of the Arbitration Between John K. Brigden, Trustee for John K. Brigden 1978 Revocable Trust Dated 2/3/78 NASD #90-02977 of Prudential-Bache Securities , Inc. For Claimant: David N. Mahler, Mahler & Associates, Newport Beach, California. For Respondent: Stephen Young, Esq., Keesal Young & Logan, long Beach, California. Statement of Claim filed: October 23, 1990

Arbitration N.A.S.D. AWARD NftTICNRL ASSOCIATICN OF >«alipi-i-TBS DEALERS In the Matter of the Arbitration Between Mama of Claimant jo-Anne Chasnow vs. National Association of Securities Dealers, Inc. NASD Financial Center 33 Whitehall Street New York. N.Y. 10004 FAX (212) 858-4389 Case # 90-02573 Shearson Lehman Brothers, Inc. Alexander Aras For Claimant: Jamas H. Porte, Eaq. of Saiber Schlesinger Satz & Goldstein.

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Arthur S. & Micheline M. Caron JTWFOS 90-01747 Mama of First Swiss International Securities, Inc. Robert Thomas Beatty Richard L. Cohen John S. Anfuso John Edward Malesko Jack Lubitz Eric S. Finkel Robert Baran Stephen W. Schwartz Wedbush Morgan Securities, Inc. Heard before: Michael J. Shalley, Esq. Public Arbitrator

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between ) Gloria P. Moralez ) Claimant } ) AWARD vs. ) ) NASD #90-00907 Shearson Lehman Hutton, Inc. ) George Jadoon ) Gary C. Overstreet ) Respondents ) SUMMARY OF ISSUES Claimant alleged unauthorized trading in options, failure to disclose the risks of options trading, failure to execute a purchase order in a timely manner, churning, and failu

N.A.S.D. REGULATION AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS REGULATION. INC. CASE: 99-02246 Charles Schwab & Co., Inc. claimant vs. Shahrouz Malekpour & Fedra Malekpour, respondents. ATTORNEYS; For Claimant Charles Schwab & Co., Inc., ("Claimant"), Mauricio S. Beugelmans, Esq. of Charles Schwab & Co., Inc. San Francisco, CA. Respondents Shahrouz Malekpour and Fedra Malekpour (collectively, "Respondent' f ),did not respond to. Claimant's

PUBLIC AssoaancN op b N.A.S.D. AWARD OERLERS zie Matter of the Arbitration Between Mane of Clainanca Lester R. and Gerda K. Angevme 91-02159 PaineWettocr, Inc. William R. Via Arortrarjon National Association of Securities Dealer*, inc. NASD Fnanciai Center 23 Whitenail Street New /orx. N.Y. "OOOt -*X 1212! 858-4389 Claizancs Lester R. and Garda K. Angevtne ( "CLainanca" ) were represented by Bradley P. Marrs, Esq.

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Stanley E. Williams Grayce Williams 96-02246 Name of Respondent Piper Jaffray Inc., CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on May 28, 1996, Claimant Stanley E. and Grace Williams ("Claimants), who appeared Pro Se, alleged that Respondent Piper Jaffray, Inc. ("Respondent") did

AWARD NASD Regulation, Inc. Office of Dispute Resolution In the Matter of the Arbitration Between Laslaw Rogalski and Wanda R. Rogalski Claimants, v. No. 96-05683 Gilford Securities Incorporated and Pawel Mosakowski. Respondents. REPRESENTATION OF PARTIES Claimants Laslaw and Wanda Rogalski ('Claimants") were represented by Thomas P. Ward, Esq. of McBride, Baker & Coles located in Chicago, Illinois. Respondent Gilford Securities Inco

NASD REGULATION, INC. AWARD In the Matter of the Arbitration Between Name of Claimant A.G. Edwards & Sons, Inc. vs. Case No. 97-02726 Name of Respondent James C. Burns REPRESENTATION For Claimant A.G. Edwards & Sons, Inc. ("Claimant") appeared Catherine Hope Johnson, Esq., in-house counsel at A.G. Edwards & Sons, Inc., located in St. Louis, Missouri. For Respondent James C. Burns ("Respondent") appeared Frank Bersani, Jr., Esq., located