PUBLIC NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. CASK #91-03709 AWARD In the Matter of the Arbitration Between David L. Smith Claimant vs. USAA Brokerage Services Respondent CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on November 25, 1991, Claimant, David L. Smith", who appeared Pro Se, alleged that Respondent, USAA Brokerage Services misrepresented the risk regarding Long Island

Arbitration N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Ifetter of the Arbitration Between of Claimant 91-03704 National Association of Securities Dealers, Inc. NASD Financial Center 33 Whitehall Street New York, N.Y. 10004 FAX (212) 858-4389 Dale D. Elrick, II Name of Respondents Richard Grieves Kenneth Sappington For Claimant; The Claimant was represented by R. Eugene Lovell, Esq. For Respondent

N.A.S.D. AWMED NftTICNMi ASSOOATICN OF SECURITIES DEALERS In the Matter of the Arbitration Between Mama Of NASD Arbitration Nb.91-03703 of Tony Wayne Culver daioant: Richard Sacks - Eavestars Recovery For Respondent: Ttany Crowther - Douglas B.' Martin, Jr. Esq. Vfetyne Culver - William J. Marinrty, Esq. Statement of Halm filed: Novenber 25, 1391 Claimant's Submission Agreemsit signed on: October 10 r 1991 Statement of An

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant First Union Securities, Inc. and 00-05282 Dallas, Texas Name of Respondents Robert M. Wheeler, Jr. REPRESENTATION OF PARTIES First Union Securities, Inc. ("Claimant") was represented by Diane C. Fisher, Esq., of Kane & Fischer, Ltd., Chicago, Illinois Robert M. Wheeler, Jr. ("Respondent") did not appear. CASE INFORMATION The Statement of Claim

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS "In the Matter of the Arbitration Between ! ! Name of Claimant Karol Baron Case No. 91-03696 Name of Respondents Paragon Capital Corp. and Robert Jaffe REPRESENTATION For Claimant, Karol Baron ("Baron"): Howard J. Nussbaum, Esq. of Weinstein Zimmerman and Nussbaum, P. A. For Respondents, Paragon Capital Corporation ("Paragon"): Anthony A. Rolle. Esq. of Broad and Cassel. F

N.A.S.D. AWARD NATIONAL ASSOCIKTICK OF SECURITIES DEALERS In the tetter of the Arbitration. Between of Kenneth G. Davis vs. NASD #91-03689 Freeoan Welwood & Coopany Michael Freenan David Rockey Scott Key John Loewy For Claimant: (Davis) Kenneth 6. Davis For Respondents 1 : (Freeman Welwood & Company, Inc., Freeman, Rockey, Loewy) Carrie L. w»n«« of Fi i I'liiini Welwood & Company, Inc., Seattle, 'Washington. For Responden

H.A.S.D. AWARD ' NATICNAL ASSOCTRnCW OF In the Matter of the Ai±dtrat±cn Between Jack A* Seeley NASD Azbitxatioa No.91-03682 Mama of Brian Nye For CLkimaiit: Pro Se For Respondent: Dean Witter Reynolds, Inc. - Wendy R. Robinson, Esq. Dean Hitter Reynolds, Inc. OSB Statement of Claim filed: Novenber 21, 1991 daiioant's ft*"d«ri^« Agreement ginned ont November 18, 1991 Statement of Answer filed by Respondent, on: January 16, 1992

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Estate of Stanley Mason by Eunice Mason vs. Case #91-03680 Name of Respondents Global America Inc. Michael J. Markowski Wayne M. Coy REPRESENTATION Claimant Estate of Stanley Mason by Eunice Mason ("Claimant") represented by Arthur M. Friedman, C.F.A. Respondent Global America, Inc. ("Global") was not represented. R

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Ruth F. Balet Case # vs. 91-03677 Name of Respondents Shearson Lehman Brothers, Inc. James Jovce REPRESENTATION For Claimant. Ruth F. Balet ("Balet"), leuan G. Mahoney, Esq. from the law firm of Sherbume. Powers & Needham. For Respondents. Shearson Lehman Brothers, Inc. ("Shearson") and James Joyce ("Joyce"). R. Sco

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants) John Liner 91-03676 Name of Respondent si Dean Witter Reynolds, Inc. Joel Frost REPRESENTATION For Claimant, John Liner ("Liner"): Sheldon Engelhard, Esq. of Vladeck, Waldman, Elias & Engelhard, P.C. For Respondents, Joel Frost ("Frost") and Dean Witter Reynolds Inc. ("DWR"): George D. Sullivan of DWR. CASE INFORM