N.A.S.D. AHKRD NAIXCNRL ASSOdaiTCK OF SECURITIES DEALERS In the Matter of the Arbitration Between pf Cbariea A. and 5Tgrid L NASD Arbitration No. 91-01516 Name of Respondents Services Kenneth Nicolas Robert Newjnaster Russell For Claimant: La Ere Se FOOT Respondent: Certified Financial Services - H. Ttcnas Fehn, Esq. of Fields, Fehn & Sberwin Kenneth Nicolas - In Pro Se Robert Newmaster - la Fro Se John Russell • In F

AWARD NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between Comerica Securities, Inc. and 01-01848 Southfield, Michigan Edward D. Jones & Co., LP. Scott G. Wolter, and Teresa J. Taylor REPRESENTATION OF PARTIES Comerica Securities, Inc. ("Comerica") was represented by James E. Roach, Esq., Vercruysse Metz & Murray, Bingham Farms, Michigan, and Sally A. Noerr, Comerica Securities, Detroit, Michigan. Edward D. Jones &

N.A.S.D. AWARD NATICNMi ASSQCIKTICN OF SECURITIES DEALERS In the Matter of the Azbitration Between Name of Gregory Boratgis 91-01503 Name of Respondents; PaineWebber, Inc. Michael F- Pcppo For Claimant: Claimant appeared pro se at ****** hearing. For Respondents: Patrick Bowie/, Esq., in bouse counsel at PaineWebber, Inc. Claimant filed a Statement of < *i»-hn dated. May 13, 1991 and executed a Submission Agreement on May 13, 1991. Re

ASSOCIATION OF SECURITIES DEALERS In the Ifetter of the Arbitration Between Name of Lane E. Harrison vs. 91-01512 Fidelity Brokerage Services, lac. For Claimant: John Clone, Solana Beach, California. For Respondent: Richard P. Murphy, Esq./ Gray, Cary, £mes & Frye, San Diego, California. Statement of rna-im filed: May 15, 1391 Claimant's Submission Agreement signed on: May 3, 1591 Statement of Answer filed by Respondent on: July 23, 1391

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between n-P Al Barrios Ilan Israaly vs. NASD #91-01505 NaneofResDondents Shearson T^a^mar^ Hutton, Inc Alan ££intex. For daimants: David E. Frank, Esq., Log Angeles, California For Respondents: E. Scott Douglas, Esq Keesal, Young & Logan, Long Beach, California Statement of n»^ filed: May 14, 1991 signed: ApCil 2, 1991 Joint Statanant o

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Richard M. Royce Claimant vs. CASE £91-01504 AWARD Robert Soehngen Respondent CASE SUMMARY Claimant Richard M. Royce, pro se in a claim filed with the National Association of Securities Dealers, Inc. on May 14, 1991, alleged that Respondent Robert Soehngen misrepresented a common stock entitled American Spirit Corp. Claimant alleged that he

N.A.S.D. AWARD ASSOCIATICN OF SECdRITIES EEMJ3RS In the Matter of the Aibitration Between of FiberOo, Inc. 91-01503 Nans of Respondents Bear Steams & Oorpany William MaGee Claimant was represented by Charles I. Kaplan, its' President. Respondents Bear Stearns arvj QQ V f Inc. an *j William MaGee wears represented by Nicholas K. Notias, Esq. of Bear Steams and Co., Loo., New York, New York. Hie Statanent of r^aii* vas

N.A.S.D. AWARD NATICNAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Of Deborah J. Bull 91-01501 Name of Respondents Gary Goldberg & Company, inc. " ** Gary Goldberg For Claimant: Scott E. Richter, Esq. of Popham Haik, Schnobrich & Kaufman, Ltd. , Minneapolis, Minnesota. For Respondents: Stephen G. Rinehart, Esq. of Parter Chapin Flattau & KOimpl, Mew York, New York:. Statement of Palm filed: May 13, 159

N.A.S.D. AWARD NAUCNAL ASSOCIATION OF SECURITIES DEALEKS In the Matter of the Arbitration Between Name of Claimants Louis B. Scharon of Respondents Legg Mason Wood Walker, IDC Roger Bair 91-01499 Arbitration National Association of Securities Dealers, Inc. NASD Financial Center 33 Whitehall Street New York, N.Y. 10004 FAX (212) 858-4389 For Claimant: Claimant appeared pro se. For Respondent: C. Gregory Kallmyer, Esq.

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Thomas & Ruby Kerns Claimants vs. Wheat First Securities, Inc, Gary Wortman Respondents CASE #91-01498 AWARD r-RSE SUMMARY in a claim filed with the National Association of Securities Dealers, Inc. on May 14, 1991, Claimants, Thomas & Ruby Kerns who appeared Pro Se, alleged that Respondents Wheat First Securities, Inc. and Gary Wortman recom