NASD AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Name of Claimant Robert W. Mohs and 93-04630 consolidated with 93-05125 Name of Respondent Prudential Securities, Inc. REPRESENTATION OF PARTIES Robert W. Mohs ("Claimant") was represented by Andrew J. Munro, Esq., Munro & Munro, Troy, Michigan. Prudential Securities, Inc. ("Respondent") was represented by Ronald P. Kane, Esq. Siegan

NASD AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Name of Claimant Robert W. Mohs and 93-04630 consolidated with 93-OS12S Name of Respondent Prudential Securities, Inc. REPRESENTATION OF PARTIES Robert W. Mohs ("Claimant") was represented by Andrew J. Munro, Esq., Munro & Munro, Troy, Michigan. Prudential Securities, Inc. ("Respondent") was represented by Ronald P. Kane, Esq. Stegan

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Susan S. Erb 93-04199 Name of Respondents Legg Mason Wood Walker, Inc. Oscar J. Leon REPRESENTATION For Claimant Susan S. Erb ("Claimant"): Arthur M. Schwartzstein, Attorney at Law, Washington, D.C. For Respondent Legg Mason Wood Walker, Inc. ("LMWW"): Andrew Jay Graham, Esq. of the law firm of Kramon & Graham, Baltimor

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Shirley Sellers Carpenter Diane Carson 93-04188 Name of Respondents Shearson Lehman Brothers, Inc. Legg Mason Wood Walker The Pinnacle Group, Inc. George Brooks REPRESENTATION Claimants Shirley Sellers Carpenter ("Carpenter") and Diane Carson ("Carson") were represented by Philip J. Smith, Esq. and Stephen J. Grabe

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Kathy Hausman Smith 93-04184 Name of Respondent Merrill Lynch Pierce Fenner & Smith, Inc. REPRESENTATION Claimant Kathy Hausman Smith ("Claimant") was represented by Adam Cohen and David Rosenberg, Attorneys at Law, of Feltman, Karesh, Major & Farbman located in New York City, New York. Respondent Merrill Lynch Pierce Fenne

N.A.S.D. AWARD NATIQNAL ASSOCIATION OF SECURITIES DEALERS. INC. In the matter of the Arbitration Between Name of Claimant(s) Joyce Wells Individually and Joyce Hells Trustee FBO Revocable Trust U/A/D 3/18/91 NASD Arbitration No. 93-04179 Name of Respondent fs) Sutro & Co. Incorporated Shearson Lehman Brothers, Inc. John William McCall, Jr. REPRESENTATION For Claimant: Anthony M. Englese, Esq., San Francisco, California For Re

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant/Counter ^Respondent Gordon P. Knuth 93-04168 Name of Respondcnts/Counter-Claimant Dean Witter Reynolds, Inc.; Thomas P. Ryan REPRESENTATION For Claimant/Counter-Respondent: Gordon P. Knuth ("Knuth") was represented by Hayward Richard Pressman, Esq. of New York, New York. For Respondents/Counter-Claimant: Dean Witter Reynold

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Arthur S. Leider, Claimant v. Centex Securities, Inc., Bruce A. Biddick and Craig M. Biddick, Respondents Case Number: 01-02809 Hearing Site: San Diego, California REPRESENTATION OF PARTIES For Claimant: For Respondent Centex Securities, Inc. For Respondent Bruce A. Biddick: For Respondent Craig M. Biddick: Arthur S. Leider In Pro Per San Diego, Califor

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Pauline Fox 93-04167 Name of Respondents The Equitable Life Assurance Society CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on September 28, 1993, Claimant Pauline Fox, who appeared Pro Se, alleged that she purchased two Equi-Vest annuity policies after discussing this investment with

N.A.S.D. AWARD NATIONAL ASSOCIATION QF SECURITIES DEALERS. INC. In the matter of the Arbitration Between Name of Claimant(s) Bashir A. Chowdhry, M.D. and Kausar A. Chowdhry, Trustees NASD Arbitration No. 93-04164 of Shearson Lehman Brothers, Inc. William Ferrell Albin John Wayne Gilleland REPRESENTATION For Claimants: Max C. Tanner, Esq., Las Vegas, Nevada For Respondents: Madelyn A. Levy, Esq., Smith Barney, Inc., New York,