N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS. INC. _ In the matter of the Arbitration Between Name of Claimant NASD Arbitration Caret Hegner No. 93-04234 v. e of Resondents Titan Value Equities Group, Inc. William Aubrey Morrow REPREgfENTATJQN For Claimant: Paul W. Thomas, Esq. - Carlsbad, California For Respondents: Donald P. Wagner, Esq. - Wagner & Lichman, Irvine, California CASE INFORMATION Statement of Claim filed

NATIONAL ASSOCIATION OF SECURITIES DEALERS AWARD In the Matter of the Arbitration Between MICHAEL B. ROGOFF, Claimant v. NASD No. 93-4233 NATIONAL FINANCIAL SERVICES CORP., FINANCIAL SECURITIES NETWORK, INC., HYANNIS TRADING ADVISORS, INC., JEREMIAH J. HEGARTY, MICHAEL HEGARTY and GERALD HEGARTY, Respondents. Representation For Claimant: Paul Thomas, Esq. of Law Offices of Paul Thomas, Carlsbad, California For Respondent: Jeremia

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants James C. and Deborah D. Tate 93-04230 Name of Respondent Prudential Securities Inc. REPRESENTATION Claimants James C. and Deborah D. Tate and the Estate of Ruth Tate ("Claimants") were represented by John J. Miller, Esq. of Nygaard and Miller of Overland Park, Kansas. Respondent Prudential Securities Incorporated ("Prudent

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Mary Jane and John Mitrou 93-04229 Name of Respondent Merrill Lynch, Pierce, Fenner & Smith, Inc. CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on October 13, 1993 Claimants Mary Jane and John Mitrou ("Claimants"), through their representative, Jill Levi, Esq., of Feltman, Karesh, Majo

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Mark Trocinski, Claimant v. Prudential Securities Inc. and Stanley Szymczyk, Respondents Case Number: 01-02770 Hearing Site: Los Angeles, California REPRESENTATION OF PARTIES For Claimant: Mark Trocinski, Santa Monica, California For Respondent, Prudential Securities, Inc.: Arthur G. Baumgartner, V.P. Prudential Securities, Inc. New York, New York For Respondent, Stanley

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS Robert G. Store, and Frank J. Store, Claimants, v. No. 93-04202 Leonard Tucker, Respondent. REPRESENTATION OF PARTIES Robert G. Store appeared on behalf of Claimants Frank J. Store and Robert G. Store ("Claimants"). Respondent Leonard Tucker ("Respondent") failed to appear at the hearing. CASE INFORMATION Claimants' Statement of Claim was filed on or about October 12,

N.A.S.D. REGULATION AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS REGULATION, INC. In the Matter of the Arbitration Between Name of Claimants Richard W. and Joy M. Hamon 93-04201 Name of Respondent Robert H. Taggart, Jr. REPRESENTATION Claimants Richard W. and Joy M. Hamon ("Claimants") were represented by John P. Connolly, Esq., Alexandria, VA. Respondent Robert H. Taggart ("Respondent") was represented by James C. Cosby, Esq., Maloney,

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between ) ) Martin 0. Wolf ) } Claimant ) and ) A W A R D ) First National Brokerage Services, Inc.; ) 87-2504 Ameritrade, Inc.; ) William Glasz and Michael Bilgere Respondents On Wednesday, May 10, 1989 in Omaha, Nebraska, the undersigned arbitrator heard the controversy between the parties as set forth in submissions to arbitration signed on

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between PaineWebber, Inc. Claimant vs. AWARD CASE NO. 87-02502 Terry L. Ermert and Olina K. Ermert Respondents SUWARY OF ISSUES The claim was filed with the NASD on or about December 8, 1987. The hearing was conducted in San Francisco, California, with a total of two sessions. Claimant ("PaineWebber") asserted that Respondents ("Terry and Olina Ermert")

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between ) ) Jane M. and Russlyn M. McGowen ) Claimants ) and ) A W A R D ) 87-02496 E.F. Hutton & Company, Inc. and ) Thomas C. Wilson ) Respondents ) CASE SUMMARY Jane M. McGowen and Russlyn M. McGowen ("Claimants") alleged: 1) that E.F. Hutton & Company's registered representative, Thomas C. Wilson fraudulently induced the Claimants to trade G