N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Maria Elena Garcia Juan L. Puerto John Lastra John Lastra, Jr. 95-05456 Name of Respondents Sovereign Equity Management Corporation Lawrence Cacciatore REPRESENTATION For Claimants: Scott C. Ilgenfritz, Esq. of the law firm of Johnson, Blakely, Pope, Bokor, Ruppel & Burns, P.A., Tampa, FL. For Respondents: Burt

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS. INC. In the matter of the Arbitration Between Name of Claimant Ronald C. Betten Name of Respondents Smith Barney, Inc. f/k/a Smith Barney, Harris, Upham & Co. Inc. NASD Arbitration No. 95-05441 REPRESENTATION For Claimant: For Respondents: Bruce R. Safran, Esq. Law Offices of Bruce R. Safran Tarzana, California Scott E. Kretsch, Esq. Smith Barney, Inc. New Yor

N.A.S.D. AWARD In the Matter of the Arbitration Between Names of Claimants Mark and Lora J. Gerhardt 95-05440 Names of Respondents Noble Investment Co. of Palm Beach Bear Stearns Securities Corp. Jeffrey B. Jerome REPRESENTATION For Claimants, Mark Gerhardt and Lora Gerhardt ("The Gerhardts"): pro se (Mark Gerhardt), HiUsboro Beach, Florida. For Respondents, Noble Investments ("Noble") and Bear Stearns Securities Corporation ("Bear S

AWARD NASD, Regulation, fee., Office of Dispute RMohttion In the Mttwr of the ArMtntum Between Everen Securities, lac. He/a Kemper Securities, Inc. Claimant NASD Regulation, Inc. v. No. 95-03435 Waiter Azevedo Respondent W PAttTTVX Everen Securities, Inc. ("Claimant") was represented by Kenan I. Sugannan, Esq., Everen Securities, Chicago, Illinois. Walter Azevedo ("Rwpendeat") represented himself pro se. CASE Claimant's State

NASD REGULATION, INC. STIPULATED AWARD In the Matter of the Arbitration Between Name of Claimant Kenneth M. Longo 95-05432 Name of Respondent Prudential Securities Inc REPRESENTATION Claimant Kenneth Longo appeared pro se. For Respondent, Prudential Securities, Inc., appeared Kenneth Gerver, Esq., in-house counsel. CASE INFORMATION Statement of Claim filed: November 14, 1995. Claimant's Submission Agreement signed on: November 8, 1995

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Jon Michael Drancik 95-05429 Name of Respondent National Discount Brokers CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on November 17, 1995, Claimant Jon Michael Drancik ("Claimant"), who appeared Pro Se, alleged that Respondent National Discount Brokers ("Respondent") failed to proper

t 1 N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Lindy Lovern Thomas 95-05420 Name of Respondent Olde Discount Corporation REPRESENTATION For Claimant: Guy M. Burns, Esq. of the law firm of Johnson, Blakely, Pope, Bokor, Ruppel & Burns, P.A., Tampa, Florida, For Respondent: Ronald P. Kane, Esq. of the law firm of Gomberg Kane & Fischer, Ltd., Chicago, Illinois

'N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Etnil & Sue Massetti 95-05412 Name of Respondents Invest Financial Corp. Chemical Investment Service Corporation Anthony J. Calabrese REPRESENTATION For Claimants Emil & Sue Massetti ("Claimants"), appeared Adolph D. Seltzer, Esq., located in New York, New York. For Respondents Invest Financial Corp. ("Invest") and An

1, 1 2 3 4 5 ft \f 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 BEFORE THE NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of Arbitration ) Between ) WILLIAM B. SAVAGE and BEATRICE S.) No. 95-05402 SAVAGE, as Joint Tenants and as ) Trustees of the William B. and ) Beatrice S. Savage Family Trust, ) ) ARBITRAT

NASD REGULATION, INC. AWARD In the Matter of the Arbitration Between Name of Claimant Summit International Trading and Investment Corporation vs. Case No. 95-05394 Name of Respondents Prudential Securities, Inc. Ronald Doria REPRESENTATION For Claimant Summit International Trading and Investment Corporation ("Claimant") appeared Douglas E. Grover, Esq. of Grover & Bloch, located in New York, New York. For Respondent Prudential Securi