N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant(s) Janet T. Flam 94-01741 Name of Resjjondent(s) Dean Witter Reynolds Inc. John Fahey REPRESENTATION For Claimant Janet T. Flam ("Flam") appeared Anthony J. Ferrara, Esq., of Polstein, Ferrara & Dwyer, P.C., located in New York, N.Y. For Respondent Dean Witter Reynolds, Inc., ("Dean Witter") appeared John V. McCambley, Esq.

Stipulated Award NASD In the Matter of the Arbitration Between: Name of the Claimant Case Number: Guy Bohmer, SSB IRA 01-03042 Names of the Respondents Hearing Site: Salomon Smith Barney, Inc., Ronald Rosenberg, and Jonathan J. Grant Boca Raton, FL REPRESENTATION OF PARTIES For Guy Bohmer, SSB IRA, hereinafter referred to as "Claimant": Darren C. Blum, Esq., Law Offices of Darren C. Blum, P.A., Plantation, FL. For Respondents Salomon Smith Barne

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Kenneth S. Shanon, Individually and as Trustee of the Kenneth S. Shanon 1990 Trust Dated July 18, 1990, Claimant vs. Everen Securities, Inc., Joseph Dragoman, First Union Securities, Inc. and Certain Unknown Officers, Directors, Managers, Supervisors, and Controlling Persons, Respondents. Case Number: 00-00937 Hearing Site: San Francisco, California REPRESENTATION OF PARTIES

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between of Claimnt John E. Pflieger, Sr. 94-01 738 Name of Respondents Capital Investment Managers, Inc. and S. Gregory Smith REPRESENTATION For Claimant John E. Pflieger, Sr. ("Claimant"): Arthur M. Schwartzstein, Esq. of the law firm of Arthur M. Schwartzstein, P.C. For Respondents Capita! Investment Managers, Inc. and S. Gregory Smith {"

NASD AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Name of Claimant Pamela V. Meisel and 94-01737 Name of Respondent Oppenheimer & Co., Inc. Patrick S. Jage REPRESENTATION OF PARTIES Pamela V. Meisel ("Claimant") was represented by Martin B. Carroll, Esq., Hefter & Radke, Chicago, Illinois. Oppenheimer & Co., Inc. ("Respondent Oppenheimer") and Patrick S. Jage ("Respondent Jage") were

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between NameofClajmants Richard A. Hintz & Grace M. Hintz 94-01732 Name of Respondent William Harlan Seals REPRESENTATION For Claimant: Richard A. Hintz and Grace M. Hintz ("Hintz") were represented by Diane Hodges, Sterling Heights, Michigan. For Respondent: William Harlan Seals ("Seals") appeared pro se. CASE INFORMATION Statement of Claim fi

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Seymour Link, Trustee of the Anna Link Revocable Trust DTD 94-01717 Name of Respondents Dean Witter Reynolds, Inc. William T. Torppey CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on May 10, 1994, Claimant Seymour Link, Trustee of the Anna Link Revocable Trust DTD ("Claimant"),

NASD Arbitration No. 94-01715 N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS. INC. In the matter of the Arbitration Between Name of Claimant(s) Alex. Brown & Sons Incorporated Name of Respondent(s) Cantor Fitzgerald Partners REPRESENTATION For Claimant: Nancy Palmer, Esq., Alex. Brown & Sons Incorporated, Baltimore, Maryland For Respondent: Edward J. Boyle, Esq., Wilson, Elser, Moskowitz, Edelman & Dicker, New York, New Yo

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Jason L. Brenden 94-01710 Name of Respondents Smith Barney Shearson, Inc. and R. Thomas Vosburgh Representation of Parties Claimant Jason L. Brenden was represented at the hearing by Philip H. Hart, Esq. of UAW- Chrysler Legal Services Plan, Belvidere, Illinois. Respondents, Smith Barney Shearson, Inc. and R. Thomas Vosburg

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of Arbitration Between Name of Claimant Ran Liang v. Case # 94-1707 Name of Respondents Nick Hua, Investors Associates, Inc., Prudential Securities, Inc., Growth Capital Management, Inc. For Claimant Ran Liang; JBoris J. Lewyckyj, Esq., New York, NY For Respondent Nick Hua: Gerald E. Marcus, Esq., Hamden CT For Respondent Investors Associates, Inc: Lawrence R. Ge