PUBLIC N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant(s) Scarsdale Teachers Federal Credit Union 92-03284 Name of Respondent^ Ernst & Company The Trading Desk, Inc. Benjamin Maxwell & Co. REPRESENTATION For Claimant: Evelyn C. Marino of the Scarsdale Teachers Federal Credit Union, Scarsdale, New York. For Respondents: Michael H. DuBoff, Esq. of Salon, Maron & Dy

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant The Gulati Trust Vinay and Seema Gulati, Trustees NASD Arbitration No. 92-03283 Name of Respondent Otra Clearing Inc. REPRESENTATION For Claimant: Robert E. Thompson, Esq. - San Francisco, California For Respondent: Scott G. Monson, Esq - RKS Financial Group, Inc. Salt Lake City, Utah CASE INFORMATION Statement

•r N.A.S.D. AWARD - •>_ NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name or Claimants Pedro Canavati: Nazira Canavati 92-03281 Name of Respondents Merrill Lynch, Pierce, Fenner & Smith. Inc.; Javier F. Perez For Claimants: Pedro Canavati and Nazira Canavati were represented by M. Steven Deck, Esq. of the Law Office of John King, located in McAUen, Texas. For Respondents: Merrill Lynch, Pierce.

02 "33 06--2Z _ P.3 N.A.S.D. AWAKD NATIONAL ASSOCIATION OF SECURITIES DEALERS fodfth NcJiofi Rihfnuui 92-03280 ; & Company, Inc. MucM. Cohan & Htiptzt For Chironis Dtvid & Bobbin, Bio. of Kniftnmn, Fobwr, Yunin, Oflden ft H-fct,!-. ' ." • JKDDUBIlB. Foe Bffjpon< fem§i Mni-AoDD Plurti, BK}. of Flckud tnd Ojfnitf SMMHtt of CUm fifed: AjrttM, 1992. Ammrimnnt to Stttement of Ckim flled: December 17, 1992. Otkum'f Kepiy to CooniKCi

NASD AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration between Gerald & Marie MAUERSBERG v. NASD Arbitration #92-03272 HIBBARD BROWN & CO., Inc. John Michael GATCHELL Joseph CHESTER REPRESENTATION For CLAIMANT; F. Walter BLOOM, III, Esquire For RESPONDENT; Steven B. CARUSO, Esquire tHIBBARD BROWN EVP & GENERAL COUNSEL] for HIBBARD BROWN a,nd Joseph CHESTER John Michael GATCHELL [to represent hi

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Fidelity Brokerage Services, Inc. National Financial Services, Corp. Case# 92-03264 vs. Name of Respondent Hussain Y. Siam For Claimants, Fidelity Brokerage Services, Inc. ("FBSI") and National Financial Services, Corp. ("NFSC") ("Claimants"), John McCardle, Esq., from the law firm of Smith, Levenson, Smith & Collen, P.

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Harry A. Ragap and Names of Respondents Morgan Stanley Dean Witter, Inc. and Marcia A. Moore Case Number: 01-02466 Hearing Site: Southfield, Michigan REPRESENTATION OF PARTIES Harry A. Ragap ("Claimant") was represented by David L. Nelson, Esq., Sommers, Schwartz, Silver & Schwartz, Southfield, Michigan. Morgan Stanley Dean Witter, Inc. ("MSDW

N.A.S.D. AWARD ASSOiATTON OF ggCTmiTTSS DEALERS. INC. In the matter of the Arbitration Between Name of flaimanc Thomas F. White & Co., Inc. NASD Arbitration No. 92-03263 of Regondgncs Robert Thomas Securities, Inc. Raymond James & Associates, Inc. Donald J. Wascher Jerry Luger Chhay Kouch Euikeun Sunny Myung Mftmg of fauneiJt Donald J. Wascher Jerry Luger Chhay Kouch Euikeun Sunny Myung Vtmrtm of Thomas F.

NASD AWARD Raymond L. Ho ) ) Case Number ) 92-03261 Respondents ) Shearson Lehman Brothers, Inc. ) and Patrick Castelli ) REPRESENTATION For Claimant, Raymond L. Ho ("Ho"): Richard W. Epstein, Esq. of Greenspoon, Marder, Hirschfeld & Rafki, Ft. Lauderdale, Florida. For Respondents, Shearson Lehman Brothers, Inc. ("Shearson") and Patrick Castelli ("Castelli") Lisa Cerasia, Esq. of Shearson, New York, New York. CASE ENFORMAHON Statemen

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS. INC. (a the Matter of the Arbitration Between Mafne.of Claimqnr, Vivian P. Eze«, John J. Ezell and Teri Ezeil and 92-03258 Name of Respondents Prudential Securities, Inc. and Marty Harari REPRESENTATION OF PARTIES Vivian P. Ezell, John J. Ezell and Teri Ezell ("Claimants") were represented by Michael G. O'Neill, Esq. of O'Neill, Snett, Banowsky & McQure, Dallas, Texas. Pruden