N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Richard and Cynthia Dolsey Name of Respondents Smith Barney Shearson, Inc. Jan Deborah MIchelson 95-03854 REPRESENTATION For Claimants, Richard and Cynthia Dolsey ("the Dolseys"): Margaret Brodsky, Esq., of Miami, Florida. For Respondents, Smith Barney, Inc. ("Smith Barney") and Jan Deborah Michelson ("Michelson"): Lin

AWARD NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between Name of Claimant Holly Kitagawa and 01-01935 Denver, Colorado Name of Respondent Fidelity Brokerage Services REPRESENTATION OF PARTIES Holly Kitagawa ("Claimant") was represented by Alvin Chua, Esq., Law Offices of Alvin Chua, located in Denver, Colorado. Fidelity Brokerage Services ("Respondent") was represented by Brian H. Newman, Esq., Orrick, Herrington

NASD REGULATION, INC. AWARD Office of Dispute Resolution In the Matter of the Arbitration Between Names of Claimants Ernesta Badolato and Marian Badolato 95-03852 Names of Respondents J. W. Charles Securities, Inc. Discount Securities Group Ted Malkasian REPRESENTATION OF PARTIES For Claimants: David A. Pear!, Esq. and Francis S. Sexton, Jr., Esq. of the law firm of Concepcion, Sexton & Urdaneta, Coral Gables, Florida. For Respondent

N.A.S.D. AWARD J '/r 7 NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant ^ xr t - , A , r ^^^^^^^^^^^^^^—— < y National Association ol „ , „, _. -. „ Securities Dealers, Inc Paul Stepanoff, as Trustee for Rostislaw Stepanoff Trust All Rights Reserved 95-03847 Name of Respondents John Hosier Chelsea Street Securities, Inc. REPRESENTATION Claimant Pau

NASD REGULATION AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS REGULATION In the Matter of the Arbitration Between Name of Claimants Mark D'Andrea Dino D'Andrea CASE NO. 95-03845 Name of Respondents Paine Webber, Inc. Smith Barney, Inc. (f/k/a Smith Barney Shearson, Inc.) Mercer Securities Stephen J. Schappell Richard T. Carlin Richard Allen Connell Correspondence Services Corporation REPRESENTATION Claimants Mark a

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of Arbitration Between Name of Claimant Sheila B. Friedman 95-03842 Name of Respondents Investex Securities Group, Inc. and Frank Somma REPRESENTATION Claimant, Sheila B. Friedman appeared pro se. For Respondents, Frank Somma, President of Investex Securities Group, Inc., New York, NY CASE INFORMATION Statement of Claim filed: August 8, 1995 Claimant's Submis

N.A.S.D.R. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS REGULATION. INC. In the matter of the Arbitration Between NASDR Arbitration No.95-03S40 Name of Claimant Robert Lamson vs. Name oj Respondent Piper Jaffray, Inc. W. Lee Jeffers REPRESENTATION For Claimant: E. Michael Hoffman, Esq., Evergreen, Colorado. For Respondent Piper Jaffray: William D. Nelson, Esq., Robinson, Waters, O'Dorisio & Rapson, Denver, Colorado. For Respo

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS. INC. In the matter of the Arbitration Between Name of Claimant{s) William R. Olson and Josephine Olson; Judy Anderson and Lewis Anderson; and Ann Witser NASD Arbitration No. 95-03835 Name of Respondent(s) Ralph Wetzstein KMS Financial Services, Inc. REPRESENTATION For Claimants: F. Mike Shaffer, Esq., Gordon, Thomas, Honeywell, Malanca, Peterson & Daheim, Tacoma, Washingt

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC, AWARD In the matter of the Arbitration Between Name of Claimant!s) Frank J. NIezgoda NASD Arbitration v. No. 95-03830 Name of Respondents) Drake Capital Securities, Inc. Joseph DiLillo Mark Tipton REPRESENTATION For Claimant: Edward Gartenberg, Esq., Torgny Nilsson, Esq. Bums, Drulias & Gartenberg, Los Angeles, California For Respondents: H Thomas Fehn, Esq., Fields, Fe

NASD REGULATION, INC. AWARD Office of Dispute Resolution In the Matter of the Arbitration Between Names of Claimant John T. Meo and Betty J. Meo, Co-Trustees of the Julia Clark Post Trust 95-03822 Names of Respondents Dean Witter Reynolds, Inc. and William Haines REPRESENTATION OF PARTIES For Claimant the Julia Clark Post Trust ("the Trust") by the Co-Trustees, John T. Meo and Betty J. Meo, ("the Meos"): Brian J. Cooke, Esq. of the law f