AWARD NASD Regulation, Inc. Office of Dispute Resolution In the Matter of the Arbitration Between Name of Claimant George Belme and 98-00414 Name of Respondent Kessler & Company Investments Robert Kessler REPRESENTATION OF PARTIES George Belme ("Claimant") was represented by Otto K. Hilbert, II, Esq., Reinhart, Boerner, Van Deuren, Norris & Ri'eselbach, P.C., Denver, Colorado. Kessler & Company Investments ("Respondent Kessler & Company"

AWARD NASD Regulation, Inc In the matter of the Arbitration Between Name of Claimant(s) James F. Maher Arbitration No. 98-00413 Name of Respondentfs) Ridgeway Helms Securities Corp Robert A. Dowlett REPRESENTATION For Claimant: Daniel S. Cornell, Esq., Cornell Law Group, Palo Alto,. California For Respondents: David M. Greenberg, Esq., Larkspur, California CASE INFORMATION Statement of Claim filed on or about: January 30, 199

AWARD NASD REGULATION. INC. In the matter of the Arbitration Between Name of Claimant Waldron & Company, Inc. v. Name of Respondent Michael Visbal Arbitration No. 98-00412 For Claimant: For Respondents: Statement of Claim filed: REPRESENTATION H. Thomas Fehn, Esq. Fields, Fehn & Sherwin Los Angeles, California Irving M. Einhorn, Esq. Law Offices of Irving M. Einhorn Los Angeles, California CASE INFORMATION

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Philip F. Kennedy, Jr. and Melba J. Kennedy, JTWROS, Claimants v. Gerard Bruzzese, First National Equity Corp., Jeffery S. Szur, Kenneth Mandile, Alan P. Gordin, Respondents Case Number: 98-00411 Hearing Site: Los Angeles, California REPRESENTATION OF PARTIES For Claimants: For Respondents Gerard Bruzzese: First National Equity Corp.: Jeffreys. Szur: Kennet

AWARD i i NASD Regulation, Inc. In the Matter of the Arbitration Between Steven A. Polio, Claimant. v. No. 98-00404 Merrill Lynch, Pierce, Fenner & Smith, Inc. Respondent. REPRESENTATION OF PARTIES Claimant Steven A. Polio ("Claimant") was represented by Patrick R. Hogan, Esq. of Lasky Fifarek & Hogari located in Lansing. Michigan. Respondent Merrill Lynch. Pierce, Fenner, & Smith, Inc. ("Merrill Lynch") was represented by Willia

DEC.19.1998 ' l:02Ri NftSD REGULATION FL NO.754 P.8 '< r" NASD REGULATION, INC. AWARD NASD Regulation, Inc., Office of Dispute Resolution In the Vtor of the Arbitration Between Name of Claimant Dean Witter Reynolds, Inc. 98-00402 Name of Respondent James P. Halter REPRESENTATION For Claxttant Dean Witter Reynolds, Inc. ("Dean Witter"): Michael S. Taaffe, Esq., Abel Band Russell Collier l^chford, Sarasota, Florida. Respondent James P.

NASD REGULATION, INC. AWARD In the Matter of the Arbitration Between Names of Claimants Clifford C. Marrs, Sr., Clifford C. Marrs, Jr., and Pattie 0. Tollefson and . Case Number 98-00399 Names of Respondents Euro-Atlantic Securities, Inc., L.T. Lawrence & Co., Inc., James Toto, Meyers Pollock Robbins, Inc., Alexander Ricci, David Melillo, Lawrence Russell, Pasquale Guadagno, Fred Tuzzolino, Jr., Peter Delsini, . J

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Rene Panzer, Nicholas Panzer, and Sandrine Panzer, (Claimants) vs. Brian A. Fried, (Respondent) Case Number: 00-05446 Hearing Site: New York, New York REPRESENTATION OF PARTIES Claimants, Rene Panzer ("R. Panzer"), Nicholas Panzer ("Panzer"), and Sandrine Panzer ("S. Panzer"), hereinafter collectively referred to as "Claimants": Samuel Panzer, Esq., a sole practitioner, New York, NY

Award NASD Regulation, Inc. In the Matter of the Arbitration Between: Martin Walker (Claimant) vs. Piper Jaffray, Inc., Jeffrey D. Currie and Rick Howard (Respondents). Case Number: 98-00396 Hearing Site: San Francisco, California. REPRESENTATION OF PARTIES Martin Walker hereinafter referred to as "Claimant": Gary R. Gleason, Esq., Farbstein & Blackman, San Mateo, California. Piper Jaffray, Inc., Jeffrey D. Currie and Rick Howard: Kelly J. Moynihan,

AWARD NASD Regulation, Inc. In the Matter of the Arbitration Between Name of Claimants Peter J. Joseph, Jr. Peter J. Joseph, Sr. vs. 98-00392 Name of Respondents Bear Stearns & Company Richard J. Eaton First Cambridge Securities Corporation REPRESENTATION Claimants Peter J. Joseph, Jr. ("Joseph Jr.") and Peter J. Joseph, Sr. ("Joseph Sr. n ) were represented by Peter J. Joseph, Jr., Harleysville, Pennsylvania. Respondent