AWARD NASD REGULATION, INC., OFFICE OF DISPUTE RESOLUTION In the matter of the Arbitration Between Name of Claimant Cruttenden Roth, Inc. v. Arbitration No. 96-03412 (Consolidated with 96-03410 and 96-03411) Name of Respondents John Laurienti, Bryan Laurienti and Joe Murdoch REPRESENTATION For Claimants: John R. Loftus, Esq. Paul I. Hamada, Esq. Keesal, Young & Logan Long Beach, California For Respondents: Simon S. Kogan, Esq

N.A.S.D. REGULATION AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name .of Claimant R. J. Steichen & Company 96-03407 Name of Respondent Kelly Neilsen CASE SUMMARY In a case filed with National Association of Securities Dealers Regulation, Inc. on August 8. 1996. claimant R.J. Steichen & Company ("R.J. Steichen") through its representative and in-house counsel Ann Exline Starr, alleged that respond

AWARD NASD Regulation, Inc. Office of Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Prudential Securities, Inc. and 96-03406 Name of Respondent Lanis D. Noble REPRESENTATION OF PARTIES Prudential Securities, Inc. ("Claimant") was represented by Steven P. Gomberg, Esq., Gomberg Kane & Fischer, Ltd., Chicago, Illinois. Lanis D. Noble ("Respondent") was represented by James C. Rhoden, Esq., Columbia, Mississippi.

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Anatoly Goldenshteyn 96-03401 Name of Respondent The Chase Manhattan Investment Services CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on August 7, 1996, claimant Anatoly Goldenshteyn ("claimant"), who appeared Pro Se, indicated that in August 1993 he purchased 30 year Treasury Bonds ("

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Jung-Hsien and Tze-Jau Tsao 96-03398 Name of Respondents Dean Witter Reynolds Inc. Andrew Kronitz CASE SUMMARY ^- In a claim filed with the National Association of Securities Dealers, Inc. on August 7, 1996, claimants Jung-Hsien and Tze-Jau Tsao ("claimants"), through their representative and counsel, Robert H. Putnam,

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between ONB Investment Services, Inc. Case No. 00-05150 Name Mark R. Edwards; Lisa L. Thomas; and Jill M. White Claimant/Counter-Respondent ONB Investment Services, Inc. ("ONB") was represented by Mark J. R. Merkle, Esq., of Krieg Devault Alexander & Capeheart, LLP, located in Indianapolis, Indiana. Respondents/Counterclaimants Mark R. Edwards ("Edwards"), Lisa L. Thoma

NASD REGULATION, INC. AWARD In the Matter of the Arbitration Between Name of Claimant M. H. Kabir Case No. vs. 96-03394 Name of Respondents Robert Thomas Securities, Inc. Mahmod M. Zaman REPRESENTATION For Claimant M. H. Kabir ("Claimant") appeared David M. Freedman, Esq., a sole practitioner with offices located in Albany, New York. For Respondent Robert Thomas Securities, Inc. ("Robert") and Mahmod M. Zaman ("Zaman"), collectively

NASD AWARD NASD REGULATION, INC. In the Matter of the Arbitration Between Name of Claimant Christian Schaub 96-03393 Name of Respondent PaineWebber, Inc. REPRESENTATION For Claimant, Christian Schaub ("Claimant"), appeared Walter M. Phillips, Esq. of the law firm Hoyle, Morris & Kerr located in Philadelphia, Pennsylvania. For Respondent, PaineWebber, Inc. ("Respondent"), appeared James Williams, Esq. and Mary Smith, Esq. of the law firm

NASD Regulation, Inc. Award NASD Regulation, Inc. Office of Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Ali Asghar Salehi and Case No. 96-03388 Name of Respondent A.S. Goldmen & Company, Inc., Vincent Caracciolo, Marc Colatrella. and Charles Garofalo REPRESENTATION OF PARTIES Ali Asghar Salehi ("Claimant") was represented by Greg Tilton, Esq., of Bell & Henry, LLP, Houston, Texas. A.S. Goldmen & C

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant(s) JOSEPH A. MOOTER 96-03385 Name of Respohdent(s) DEAN WITTER REYNOLDS INC., and BARRY OLFERN, jointly and severally REPRESENTATION For Claimant: John A. Hubbard, Esq. of the law firm of Alan R. Miller, P.C., Birmingham, MI „ For Respondent Dean Witter Reynolds Inc.: Allison B. Doneghey, Esq., Dean Witter Reynolds Inc.