N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimantf s) PaineWebber, Inc. 93-05232 AWARD Name of Respondents) Dean Houston Harris CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on December 20, 1993, Claimant PaineWebber, Inc., through its in-house counsel, Joel E. Davidson, Esq., alleged that Respondent Dean Harris has failed to make

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Name of Claimant Norman Bellinger 93-05228 of Resondent Dean Witter Reynolds, Inc. REPRESENTATION OF PARTIES Claimant, Norman Bellinger ("Bellinger") was represented at the hearing by Louis L. Plotkin, Esq. and Steve Kupperman, Esq. of Stone Pegman Walther Wittmann & Hutchinson, New Orleans, Louisiana. Respondent, Dean Witter Reynolds

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Kemper Securities, Inc. 93-05315 Name of Respondents Lany W. Milliken CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on December 22,1993, Claimant Kemper Securities, Inc., through its counsel Diane C. Fischer, of Siegan Barbakoff Gomberg & Kane, Chicago, Illinois, alleged that Respo

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Nancy C. and W. Richard White 93jp5309 Name of Respondents Merrill Lynch, Pierce, Fenner & Smith, Inc. W. Charles Wyman Robin Corkery CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on December 23,1993, Claimants Nancy C. White and W. Richard White, who appeared Pro Se, alleged that

NASD Arbitration No. 93-05305 N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS. In the matter of the Arbitration Between Name of Claimant(s) Eric Ellenhorn Name of Respondent (s) Dwayne Ritchie REPRBSENTATIQN For Claimant: Frederick L. Sosinsky, Esq., Litman, Asche, Lupkin, Gioiella & Bassin, New York, New York For Respondent: C.D. Michel, Esq., San Pedro, California CASE INFORMATION Statement of Claim filed: December 20

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Name of the Claimants Case Number: 01-02886 Claudio Herrera and Irene Herrera Name of the Respondent Hearing Site: Houston, Texas Morgan Stanley Dean Witter REPRESENTATION OF PARTIES Claimants Claudio Herrera and Irene Herrera hereinafter collectively referred to as "Claimants": William S. Shepherd, Esq. of the firm Shephard, Smith & Bebel, P.C. located in Houston, Texas.

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Cit Seymour Sobel Jay and Barbara Stein Robert Chaut Award No. vs. 93-05302 Name of Respondents Smith Barney Shearson, Inc. For Claimants, Seymour Sobel ("Sobel"), Jay and Barbara Stein ("Steins"), Robert Chaut ("Chaut") (collectively "Claimants"), appeared Robert E. DeRight, Esq. from the law firm of Epstein Becker & Green, P.C

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant(s') CuitisW. Caviness 93-05291 Name of Respondent^ Securities Planners, Inc. Vincent Aux CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on December 22, 1993, Claimant Curtis W. Caviness, who appeared, pro se, alleged that Respondent Vincent Aux of the Respondent firm Securities Planners, Inc. misrepres

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Israel Salei; Control Electronics, Inc. 93-05285 Name of Respondents Shearson Lehman Brothers, Inc.; Charles Novak REPRESENTATION For Claimant: Israel Salei ("Salei") and Control Electronics, Inc. ("Control") were represented by D. Michael Kratchman, Esq. of Southfield, Michigan. For Respondent: Shearson Lehman Brother

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Robert L. Hartley 93-05284 Name of Respondents Merrill Lynch, Pierce Fenner & Smith, Inc.; Frederick F. Alvira REPRESENTATION For Claimant: Robert L. Hartley ("Bartley") was represented by J. Kinsley Cotton, Esq. of Drolet, Freeman, Preston, Cotton, Sterling & Nonis, P.C., located in Bloomfield Hills, Michigan. For Resp