NASD REGULATION, INC. AWARD In the Matter of the Arbitration Between Name of Claimant William Shea vs. Case No. 98-00374 Name of Respondent Nikko Securities Co., International REPRESENTATION For Claimant William Shea ("Claimant") appeared David Crystal, II, Esq. of the firm Gilbridge, Tusa t Last & Spellane, LLC, located in New York, New York. For Respondent Nikko Securities Co., International ("Respondent") appeared C. Evan Stew

NASD REGULATION, INC. AWARD In the Matter of the Arbitration Between Name of Claimant Gilford Securities, Inc. vs. Case No. 98-00373 Name of Respondent Joseph Kavanagh REPRESENTATION For Claimant Gilford Securities, Inc. ("Claimant") appeared Joel Levinson, Esq., In-House Counsel at Gilford Securities, located in New York, New York. For Respondent Joseph Kavanagh ("Respondent") appeared John E. Lawlor, Esq., a sole practitioner with

Jul-13-01 10:57am From- T-778 P.008/014 F-703 AWARD NASD Regulation, Inc. In the Matter of the Arbitration Between Name nf Gloria and Howard Schwartz Gloria Schwartz Gloria Schwartz IRA 98-00372 Name of Respondents Merrill Lynch Pierce Fenner & Smith Inc Steve Texeira Jeff Spotts REPRESENTATION For Gloria and Howard Schwartz ("Claimants") appeared Richard C. Hochman, Esq., a sole practitioner, located in Jamaica Estates, New

NASD REGULATION, INC. AWARD In the Matter of the Arbitration Between Name of Claimant Merrill Lynch, Pierce, Fenner & Smith, Inc. vs. Case No. 98-00371 Name of Respondent Michael Sargenti REPRESENTATION For Claimant Merrill Lynch, Pierce, Fenner & Smith, Inc. ("Claimant") appeared Meg E. Sobel, Esq., of Jaffe & Asher, located in New York, New York. Respondent Michael D. Sargenti ("Respondent") appeared pro se. CASE INFORMATION Cl

N.A.S.D. REGULATION, INC. AWARD CASE: 98 - 00370 Stephen Diperri, claimant vs. PaineWebber and Thomas Sharpe, respondents. ATTORNEYS: Claimant appeared Pro Se. - Melville, NY. For respondents appeared - Lisa Catalano Tillem, Esq. - Wehawken, NJ. DATE FILED: 1/30/98 CASE SUMMARY: Claimant alleged misrepresentation, unsuitability and failure to supervise. Claim Data Award Data Claim: $9,024.310' Award: $.00 Filing Fees: $150.00 Filing Fees: $.00

N.A.S.D. REGULATION, INC. AWARD CASE: 98 - 00367 Jean L. Williams, claimant vs. Fidelity Investments/Fidelity Brokerage Services, Inc., respondent. ATTORNEYS: Claimant appeared Pro Se. - Clackamas, OR. For respondent appeared Alicia Reines-Leo, Esq., - Boston, MA. DATE FILED: 1/30/98 CASE SUMMARY: Claimant alleged failure to execute, and unauthorized trading. Claim Data Award Data / Claim: $5,372.92 Award: $5,372.92 Interest: Requested I

Award NASD Dispute Resolution, Inc. In ihe Matter of the Arbitration Between: Lyle Howard Peters DPM PC Trust, Dr. Lyle Peters c/f Wendy Peters, Dr. Lyle Peters c/f Alyssa Peters, Dr. Lyle Peters c/f Eric Peters, Dr. Lyle Peters c/f Adam Peters, Beth Peters, and Dr. Lyle Peters, (Claimants) vs. Smith Barney, Inc. and Stuart Reyman, (Respondents) Case Number: 98-00366 Hearing Site: New York, New York REPRESENTATION OF PARTIES Claimants, Lyle Howard Peter

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between Name of Claimant Andrew N. Cassas Case No. 00-05437 Hearing Site: Boca Raton, Florida Name of Respondent Andrew G. Costa REPRESENTATION OF PARTIES For Andrew N. Cassas ("Cassas") hereinafter referred to as "Claimant"; Alan J. Foxman, Esq., Boca Raton, Florida. For Andrew G. Costa ("Costa") hereinafter referred to as "Respondent": Wayne H. Schwartz, Esq., For

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between William J. Somerville, Mary Lou Somerville, Jon M. Somerville, and Jennifer A. Somerville and 00-00546 Troy, Michigan Sigma Financial Corporation Hansen & Hansen, Inc., Jerome S. Rydell, Michael J. Brooks, and Wayne H. Hansen REPRESENTATION OF PARTIES William J. Somerville, Mary Lou Somerville, Jon M. Somerville and Jennifer A. Somerville, collectively referred to as

AWARD NASD Regulation, Inc. In the Matter of the Arbitration Between t Quick & Reilly, Inc., Claimant v. 98-365 Dennis Sawinski, Respondent / Third-Party Claimant v. Brad Michael Nirenberg and D.L. Cromwell Investments, Inc., Third Party Respondents REPRESENTATION OF PARTIES Claimant Quick & Reilly, Inc. ("Q&R") was represented by Miles D. Hart, Esq., of Hertz Schram & Saretsky, P.C., located in Bloomfield, Michigan. Resp