NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Patricia 0. Hipps vs. The Stuart-James Co., Inc. Claimant Respondent CASE* 90-01203 Heard before: James C. Bussart, Esq. Public Arbitrator CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on April 21, 1990, the Claimant Patricia 0. Hipps alleged the Respondent invested substantial amounts of Claiman

Arbitration w a Q n wawn National Association of N.A.b.u. AWAKU Securities Dealers, Inc. NASD Financial Center NATIONAL ASSOCIATION OF SECURITIES DEALERS 33 Whitehall Street New York, N.Y. 10004 FAX (212) 858-4389 In the ftotter of the Arbitration Between Name of Claigant: Robert D. Barnes 90-01202 Name of Respondents; Securities Settlement Corporation Equities International Network 1 Financial Securities, Inc. Mark Cuthbert

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. in the Matter of the Arbitration Between Katy Richards Claimant: AWARD vs . :JASD =90-01197 American Pacific Securities Judith Niles Resoondents REPRESENTATION Claimant was represented by M. Van Smith . ^sq. , sole practitioner. Respondent: American Pacific Securities was represented by Ralph Singman, Ssq. 3t Steinberg, Miller * Goldstein. Respondent Judith Niies was represente

N.A.S.D. SWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Jfetter of the Arbitration Between Name of Claimant (s) Thomas & Judith Crimnins 90-01193 Name of R.L. Kotrozo, Inc. Raymond Kbtrozo Carol KOtrozo In a Statement of Claim filed with the National Association of Securities Dealers, Inc. ("NASD"} on April 26, 1990, Claimants Thomas D. Criitmins and Judith Crimmins alleged that Respondents R. L. Kotrozo, Inc., Raymond L. Kb

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between nf Claimant Ferris, Baker Watts, Inc. Case No. 01-00649 Jack Stone Hearing Site: Baltimore, Maryland Claimant, Ferris, Baker Watts, Inc. ("FBW"), hereinafter referred to as "Claimant": Dana M.S. Wilson, Esq., Ferris, Baker Watts, Inc., Baltimore, MD. Respondent, Jack Stone ("Stone"), hereinafter referred to as "Respondent" did not appear at the hearing. TNFOPM A

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In ere Matter of the Arbitration Between Name of Claimant^ s } Lewis I. and Sylka Lisook, et al 90-01192 Name of Respondent f s) MAR 2 2 1991 Allan J. Feldman, Barbara J. Feldman, and Ttotal Services r Inc. _. _..,-.—-, »T RATION -CHICAGO ___ J In a claim filed with the National Association of Securities Dealers, Inc. ("NASD") on or about April 26,

Arbitration N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Betwsen Thomas & Nacmi Bailey vs. Name of Respondents Titan/Value Equities Group, Inc. N. Phillip Mayeux National Association of Securities Dealers, Inc. NASD Financial Center 33 Whitehall Street New York, New York 10004 90-01191 For Claimant: Steven J. Card, Esq., Page & Bacek. For Respondents: Terry R. Weiss, Esq. Smit

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between )" Name of f!laimant(sj ) Shirley J. Mason ) ) Case No.90-01190 Name of Integrated Resources Equity Corp. ) Security Service Corp. ) Lyle Robert Howie ) Ekistic Securities Corp. ) ) Heard before the members of the Arbitration Panel: John P. Cullem, Esq. Public Regar Mickler Industry Robert M. Shavick Public Claimant was repr

N.A.S.D, AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the totter of the Arbitration Between ) ) Name of Arbitration National Association of Securities Dealers, Inc. One East Broward Boulevard Suite 1000 Ft. Lauderdale, Florida 33301 (305) 522-7391 Cheryl Petrulis Case No. 90-01186 Shearson Letiran Hutton, Inc. Desmond Judge Tfonas Vietzke Heard before the members of the Arbitration Panel: James R. Kennedy,

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Carol & Reue Verbus 90-01185 Name of Shearson Lehman Hutton, Inc. Prudential-Bache Securities Ire, Howard M. Russell In a claim filed with the National Association of Securities Dealers, Inc. ("NASD") on or about April 26, 1990, Carol and Reue Verbus ("Claimants') alleged that Howard M. Russell ("Russell"), Prudential-Bache Securities, Inc*