STIPULATED AWARD NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between Names of Claimants Florian Suchocki and Betty Suchocki as Trustees for the Betty Suchocki Revocable Trust and the Florian Suchocki Revocable Trust Name of Respondent Linus Shing Pui Lau Case No. 00-05111 Hearing Site: Boca Raton, Florida REPRESENTATION OF PARTIES For Florian and Betty Suchocki as Trustees for the Betty Suchocki Revocable Trust

Stipulated Award NASD Dispute Resolution, Inc. he Matter of the Arbitration Between Name of Claimant Wachovia Securities, Inc. Case No. 00-00515 Names of Respondents Morgan Keegan & Company, Inc. Mark M. Headrick Larry L. Crowell Warren L. Edge REPRESENTATION OF PARTIES For Wachovia Securities, Inc. ("Wachovia"), hereinafter referred to as "Claimant": Steven L Manchel, Esq. of Manchel & Associates, Newton, Massachusetts. For Resp

N.A.S.D. Regulation AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant A. J. Low, Jr. 96-02923 Name of Respondent Piper J affray (nc. CASE SUMMARY In a case filed with the National Association of Securities Dealers Regulation, Inc. on July 9, 1996, claimant A. J. Low, Jr. ("claimant"), who appeared Pro Se, alleged that respondent Piper Jaffray, Inc. ("Piper Jaffray") made unsuit

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Paul Holthouse / 96-02917 Name of Respondents Gilbert Marshall & Co. Inc. Michael Usher John Guyette Dick Tyler Ted Lauer Thomas Patrick Meehan Doug Glaser Dan Lehl CASE SUMMARY In a case filed with the National Association of Securities Dealers Regulation, Inc. on luly 8, 1996, claimant Paul Holthou

NASD REGULATION, INC. AWARD In the Matter of the Arbitration Between Name of Claimant Thomas W. Lentz / Name of Respondents A.S. Goldmen & Company, Inc. Anthony S. Almeida Marvin P. Mullins, III 96-02912 REPRESENTATION For Claimant Thomas W. Lentz ("Claimant") appeared Paul J. Sussman, Esq., a sole practitioner with offices located in Chicago, Illinois. For Respondents A.S. Goldmen & Company, Inc. ("ASG"), Anthony S. Almeida ("Almeid

N.A.S.D, REGULATION AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS REGULATION, INC. In the Matter of the Arbitration Between Name of Claimants • . . . . . Carolyn Ransome and John D. Ransoine in 96-02909 Name of Respondents Smith Barney Inc. Richard T. Gendelman REPRESENTATION Claimants Carolyn Ransoine and John Ransome ("Claimants") were represented by Adam S. Doner, Esq., Davis, Gordon, Doner & Chandler, West Palm Bea

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant .? Alicia P. Manglapus 96-02901 Name of Respondent Cohig & Associates, Inc. CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on July 8, 1996, Claimant Alicia P. Manglapus ("Claimant") through her representative, Steven S. Perlas, alleged that Respondent Cohig & Associates, Inc. ("Respo

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Michael Henry Canton 96-02900 Name of Respondents A.R. Baron & Co. Inc. (Bankrupt) Kevin McPhee CASE SUMMARY In a claim filed with the National Association of Securities Dealers Regulation^ Inc., on July 8, 1996, claimant Michael Henry Canton, who appeared Pro Se, alleged that he instructed respondent, A.R. Baron & Co. Ina,

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Craig G. Griffeth 96-02899 Name of Respondents Hubert-Rosche Securities, Ltd. Buttonwood Securities, Inc. Michael Lipkin CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on July 8, 1996, claimant Craig G. Griffeth ("claimant"), through his representative and counsel, Julian D. Jensen,

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between Kevin Richard Keams Case No. 96-02897 James M. Clemente Brett A. Fahlikman Hearing Site- New York, New York PF.PPFfiF.NTATrnM flF PAPTTFS Claimant Kevin Richard Kearns referred to as "Claimant" represented himself. r . Respondents James M. Clemente ("Clemente") and Brett A. Fahlikman ("Fahlikman") collectively referred to as "Respondents" were represented by Robert