Stipulated Award NASD In the Matter of the Arbitration Between: Name of the Claimant Case Number: Marc Loveman, IRA 00-04960 Names of the Respondents Hearing Site: Fahnestock & Co., Inc. and Lee Hartzmark Boca Raton, FL REPRESENTATION OF PARTIES For Marc Loveman, IRA, hereinafter referred to as "Claimant": Jeffrey M. Herman, Esq., Herman & Mermelstein, P.A., Miami, FL. For Respondent Fahnestock & Co., Inc. ("Fahnestock"): Eric J. Shames, Esq., C

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between B.C. Christopher Division of Fahnestock & Co., Inc. INDUSTRY Claimant CASE #91-02250 vs. AWARD Jeffrey Harkness Respondent CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on July 12, 1991, Claimant B.C. Christopher, Division of Fahnestock & Co., Inc. through its outside counsel, James A. Stanziola, Esq

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. CASE #91-02245 AWARD In the Matter of Arbitration Between John C. Bellio Claimant vs. Prudential Securities, Inc. and Melvin Harris Respondents CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on July 23, 1991, Claimant, John C. Bellio, who appeared Pro Se, maintained that he transferred his IRA account to Respondents Prudential Securities, In

PUBLIC N.A.S.D. AWARD NftTICNAL ASSOCIATION OF SECURITIES DEALERS In the ^fetter of the Arbitration Name of CtaiTnantts) C-Nahcioli Investment Club George R. Nabmi Name of Respondent (s) Prudential Securities Inc Paul A. Bertsch Arbitration National Association of Securities Dealers. Inc. NASD Financial Center 33 Whitehall Street New York. N.Y. 10004 FAX (212) 858-4389 91-02237 For Claimant; Janes R- Jtellvaine, E

N.A.S.D. NATIONAL ASSOCIATION OF SHUki'i'lES DEALERS In the Matter of the Arbitration Between Name of Merrill Lyncn, pierce Fenner & anith. 91-01811 Name of Joel D. Nelson For Claimant: John Kanberg, Esq. of Orrick Herrington and Sutcliffe For Respondent: Joel Nelson Statanent of fTlaim filed: June 11, 1391 Claimant's Submission Agreement signed on: August 6, 1591 Statement of Answer filed by Respondent Joel Nelson on: August 2, 1991

_ _ Arbitration €> «.-*.—. «~«^ NATICNAL ASSOCIATION OP aMOikiTUB DEMURS Suite 1000 _ Ft. Lauderdale, Florida 33301 In the Matter of the Arbitration Between t 305 * Name of Claimant (a) Virgin -I a R. Livigni 91-01809 Raymond, James & Associates, Inc. Phil J. Hororwitz Claimant, Virginia R. Livigni was pro se. For Respondents, Raymond James & Associates, Inc. ("Raymond James 11 ) and Phil Horowitz ("Horowitz") : Kevin

N.A.S.D. AWRRD NATIONAL ASSQCIATICN OF SECURITIES DEALERS la the Batter of the Arbitration Between Theodore J. Laski v 91-01806 Thorns F. White & Co. Inc. Kong Go For Claimant: Irwin Stein, Esq. For Respondent: Patrick Baldwin, Esq. Statement of Haim filed: June 11, 1991 Claimant's Submission Agreement signed on: May 21, 1991 Statement of Answer filed by Respondent, Kong Go, on: September 31, 1991 Statement of Answer aT1< * Count

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between! Name o£ Fern Meltzer vs. NASD #91-01801 Name of Respondents Piper , Jaffray & Hbpwood, Inc. Marty Wick vs. Ezric Meltzer - Ihird Party Respondent Fern Meltzer - For Claimant, Ttiird Party Respondent & Cr7 | mt»r-^' i *qT fflri ' an ^- Anita C. Braker, Esq., Chism, Jaoobsoa & Johnson, Seattle, Washington.

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant^ Avner Ben Moshe Case No. 91-01800 Name of Respondent s) Smith Barney Harris Upham & Co., Inc. Tevy Wellins Henry Tramazzo REPRESENTATION For Claimant, Avner Ben Moshe, ("Ben Moshe"): Willaim P. Doyle, Esq. of the law office of William P. Doyle. For Respondents, Smith Barney Harris Upham & Co., Inc. ("Smith Barney"), Te

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. CASE #91-01792 AWARD In the Matter of the Arbitration Between PaineWebber, Inc. Claimant vs . Gregory B. Innace Respondent CASE SUMMARY PaineWebber, Inc. by its counsel Garry J. Stegeland, Weehawken, NJ, in a claim filed with the National Association of Securities Dealers, Inc. on June ll f 1991, alleged that Respondent Gregory B. Innace has failed to satisfy a debit balanc