N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Jane Ames Chirurg 93-02383 Name of Respondent Shearson Lehman Brothers, Inc. PUBLIC REPRESENTATION Claimant was represented by Thomas Farrell, Esq., of the law firm of Gold, Farrell and Marks located in New York, N.Y.. Respondent was represented by John Bevilaqua, Esq., of Smith Barney Shearson, Inc.. CASE INFORMATION

NASD Arbitration No. 93-02380 N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS. INC. In the matter of the Arbitration Between Name of Claimant Karl Stocker Name of Respondents Shearson Lehman Brothers, Inc. Robert S. Fash REPRESENT ATTON For Claimant: Jerry G. Petryha, Esq., Santa Monica, California For Respondents: Michael C. Licosati, Esq., Keesal, Young & Logan, Long Beach, California CASE INFORMATION Statement of

NASD AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Name of Claimants Ralph L. and Nancy D. Cotton Woodridge Orthopedic Profit Sharing Plan and 93-02377 Name of Respondents CIGNA Securities, Inc. Thomas C. Fead REPRESENTATION OF PARTIES Ralph L. and Nancy D. Cotton and Woodridge Orthopedic Profit Sharing Plan ("Claimants") were represented by Steve A. Miller, Esq., Steve A. Miller, P.C., D

N.AS.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Biltmore Securities, Inc. 93-02367 Name of Respondents Gabriel Construction Gabriel Oladeinde Claimant Biltmore Securities ("Biltmore") was represented at the hearing by Marc J. Ross, Esq. of Bernstein & Wasserman of New York, New York. Respondents Gabriel Construction ("Gabriel Construction") and Gabriel Oladeinde ("Oladeinde")

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: West America Securities Corp., Claimant and Counter-Respondent v. Craig Alan Brandwein, Respondent and Counter-Claimant Case Number: 01-02615 Hearing Site: Los Angeles, California REPRESENTATION OF PARTIES For Claimant and Counter-Respondent: Elizabeth Lowery, Esq. Fields, Fehn & Sherwin Los Angeles, California For Respondent and Counter-Claimant: Craig Alan Brandwein

NASD Arbitration No. 93-02364 N.A.S.D. AWARD NATIONAL ASSOCIATSQff OF SECURITIES DEALERS. INC. In the matter of the Arbitration Between Name of Claimant(a) Selso R. Mendoza Name of Respondent(a) Snail V. Mehta REPRESENTATION For Claimant: Dennis G. Merenbach, Esq. and J. Leo Federman, Investors Rights Association, Santa Barbara, California For Respondent: H Thomas Fehn, Esq., Fields, Fehn & Sherwin, Los Angeles, California CASE I

N.A.S.D. AWARD NATIONAL. ASSOCIATION OF SECURITIES DEALERS. INC. In the matter of the Arbitration Between Name of Claimant Marguerite L. Hartley NASD Arbitration Joan V. Mclntyre No. 93-02322 Naiqe of Respondents Scares Financial Group, Inc. DeWayne C. Soares Mark E>. Booth REPRESENTATION For Claimant: Nancy B. Miller, Esq. - Capitola. California For Respondents: Walter L. Baumgardner. Esq. - Musilli. Baumgardner. Wagner & PamelL, P.

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Joseph Dussich 93-02301 Name of Respondents Merrill Lynch Pierce Fenner & Smith Inc Daniel T. O'Connell REPRESENTATION For Claimant Joseph Dussich ("Claimant"): Joseph F. Keenan, Esq. of the law firm of Bochat & Keenan, P.C., Garden City, New York. For Respondents Merrill Lynch Pierce Fenner & Smith Inc. ("MLPFS") and D

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Richard J. Pantel 93-02284 Name of Respondents Reich & Co., Inc. David H. Engel REPRESENTATION For Claimant Richard J. Pantel ("Pantel") appeared Mary Ann Stokes, Esq. of the law firm of Cohn Lifland Pearlman Herrmann & Knopf, Saddle Brook, NJ. For Respondent Reich & Co., Inc. ^"Reich & Co") appeared Charles Padgett, Es

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Mary B. White / Case No.93-02278 Name of Respondents Merrill Lynch Pierce Fenner & Smith Inc William Wood Haynes RCTRESENTATION For Claimant, Mary B. White, ("White"): William PonsoMt, Esq. of Kohl, Metzger, Spotts, P. A., Stuart, Florida. For Respondents, Merrill Lynch ("MLPFS") and William Wood Haynes ("Haynes"): Glen