NASD REGULATION AWARD In the Matter of the Arbitration Between Nfcme of Claimant Barry D. Keating 97-00145 Name of Respondent Gilbert Marshall & Company, Inc. REPRESENTATION Claimant Barry D. Keating ("claimant") appeared pro se. For Respondent Gilbert Marshall & Company, Inc. ("respondent") appeared Michael Usher, President of respondent. CASE INFORMATION Statement of Claim was filed on: January 8, 1997. Claimant's Submission Agreem

NASD REGULATION, INC. AWARD In the Matter of the Arbitration Between Name of Claimant Willard D. Varner 97-00144 Names of Respondents George P. Koumoutsos Hornor, Townsend Kent, Inc. REPRESENTATION Claimant Willard D. Varner ("Claimant") appeared pro se. For Respondents George P. Koumoutsos ("Koumoutsos") and Hornor, Townsend Kent, Inc. ("Hornor"), (collectively "Respondents") appeared Philip J. Smith, Esq., of the firm Vorys, Sater, Seymour

Award NASD Regulation, Inc. In the Matter of the Arbitration Between Name of Claimant Michael B. Fanshel vs. Case No. 97-00143 Name of Respondents PaineWebber, Inc. Smith Barney Shearson, Inc. Kevin J. Schaefer REPRESENTATION OF PARTIES Claimant Michael B. Fanshel ("Claimant"): W. Brad Clark, Washington, D.C. Respondents Smith Barney Shearson, Inc. ("SBS") and Kevin Schaefer ("Schaefer"): Joseph A. Ingrisano, Esq., Washington, D.C.

AWARD OF DISMISSAL NASD Regulation, Inc. In the Matter of the Arbitration Between Name of Claimant Cheri Larrydale vs. 97-00142 Name of Respondent Dean Witter Reynolds, Inc. REPRESENTATION Claimant Cheri Larrydale ("Claimant") appeared pro se. Respondent Dean Witter Reynolds, Inc. ("Respondent") was represented by Kathlene Pontone, Esq., Suzanne W. Decker, Esq., and Gina S. Lindekugel, Esq., Miles & Stockbridge, Baltimore, Maryland, and

AWARD NASD Regulation, Inc. In the Matter of the Arbitration Between Name of Claimant Karen Beale Case No. 97-00141 Name of Respondents Island Securities, Inc. Alan S. Cohen Jonathan E.S. Bekhor REPRESENTATION For Karen Beale ("Claimant") appeared Dan A. Druz, Esq., a sole practioner, located in Manasquan, New Jersey. Respondent Jonathan E.S. Bekhor ("Bekhor") appeared pro se. Respondent Alan S. Cohen ("Cohen") appeared pro s

Award NASD In the Matter of the Arbitration Between: Name of the Claimant Case Number: 01-01427 Steven Sopronyi, individually and as assignee of Elizabeth Sopronyi Name of the Respondent Hearing Site: Boca Raton, FL Prudential Securities, Inc. REPRESENTATION OF PARTIES For Steven Sopronyi, individually and as assignee of Elizabeth Sopronyi, hereinafter collectively referred to as "Claimant": Jeffrey Erez, Esq. and Jeffrey Sonn, Esq., Sonn & Erez, Fo

*" NASD AWARD NASD Regulation, Inc. Office of Dispute Resolution In the Matter of the Arbitration Between i Name of Claimant Jill Mervin 97-00138 Name of Respondents Principal Financial Securities, Inc. Hamilton Investments, Inc. Osborne L. Jones Michel Schenone John G. Lavin REPRESENTATION Claimant Jill R. Mervin ("Claimant 11 ) was represented by William Lenihan, Esq., New York, NY. Respondents Principal Financial S

NASD REGULATION, INC. AWARD In the Matter of the Arbitration Between Name of Claimant Charlotte Lebowitz 97-00137 Name of Respondents Kyle Koellner John Klausner Ryan Beck & Company REPRESENTATION Claimant Charlotte Lebowitz ("Claimant") appeared pro se. For Respondents Kyle Koellner ("Koellner"), John Klausner ("Klausner"), and Ryan Beck and Company ("Ryan Beck"), collectively referred to as "Respondents", appeared Simon S. Kogan, Esq.,

N.A.S.D. REGULATION AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS REGULATION, INC. CASE: 97-00136 Olde Discount Corporation, claimant v. Kenneth Rojo, respondent. ATTORNEYS: For claimant appeared Steven D. Carby, Esq. - Detroit, MI. Respondent did not appear. DATE FILED: 1/10/97 CASE SUMMARY: Claimant alleged respondent owed a debit balance. Claim Data Claim: $3,781.75 Interest: Yes Punitive: $.00 Atty Fees: Yes Filing Fees: $

AWARD NASD REGULATION. INC.. OFFICE OF DISPUTE RESOLUTION In the matter of the Arbitration Between Name of Claimant(s) John M. Dunham, DOS Arbitration No. 97-00132 Name of Respondent(s) Investors Associates, Inc. Jaron Equities Corp. Davia Reynolds (also known as David Reynoso) REPRESENTATION For Claimant: Robert Stratton Felker, Esq., Tacoma, Washington For Respondents Investors Associates, Inc. and David Reynolds {also known as