N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS PUBLIC In the Matter of the Arbitration Between Name of Claimants Bernie and Barbara Schwartz 91-02559 Name of Respondents The Investment Center, Inc. Neil Subin James DeBolt REPRESENTATION For Claimants: Milan K. Gregory, Esq. of the Law Offices of Milan Gregory. For Respondent Investment Center: Thomas Hanrahan, Esq. of the Law Offices of Thomas Hanrahan. For Respondent

Arbitration N.A.S.D. AWARD NATIONAL ASSOdWICN OF SECURITIES DEALERS In the Matter of the Arbitration Between NaiDeofClaiiDaiits TTvman & Mary Papri-in-i 91-02557 Of Royce Park Investments, Inc. David L. DeWind Sandra Remington National Association of Securities Dealers, Inc. NASD Financial Center 33 Whitehall Street New York, N.Y. 10004 FAX {212) 858-4389 Fear Claimant: For Respondent: Donald G. McGrath, Esq.

AWARD NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between Name of Claimant Keith A. Williams and NASD Case No. 00-04928 Denver, Colorado Name of Respondents Morgan Grant Capital Corp. Scott Mitchel Goodman Vladimir Jaime Carvallo Michael Roberts Marcus Russell David Ehrens Howard and Dale Zelin REPRESENTATION OF PARTIES Keith A. Williams ("Claimant") was represented by Richard A. Nervig, Esq., Law Offices o

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SHJUklTlSS DEALERS In the Matter of the Arbitration Between Name of Ranesh J. Kurani 91-02556 D.H* Blair & Conpany Joseph Sorbnra For Claimant: Keith Dutill, Esq. of Stradley, Rcncn, Stevens & Young in , Pennsylvania. For Respondent D.H. Blair & Company: Daniel A. Pollacic, Esq. of Pollack & Kaminsfcy in New Yorfc City. For Respondent Joseph Soadaara; David Crystal, H r Esq. of Collier, Cohe

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS Zn tine Mattsr of nils Arbitration Between Name of Claimant Jon Rons 91-02551 Name of Respondent Dean Witter Reynolds, IncV **" REPRESENTATION For Claimant: Francis T. Ryan, Esq. of Ryan & Mikan, Minneapolis, Minnesota. For Respondent: Scott E. Richter, Esq. of Popham Haik Schnobrich & Kaufman, Ltd., Minneapolis, Minnesota. CASE INFORMATION Statement of Claim filed: August

N.A.S.D. ASSOCIATION OF SBCDRTTIES DEALERS In the fitter of the Arbitration Between Dusbyant Oza Keoglan & Dushyant Oza 91-02543 Mama of Street Clearing Co. CTOA Clearing, Inc. Wall rthl re Securities, Inc. For Claimant: David M. Greenberg, Esq.; San Francisco, California For Respondents: Wellshire Securities : No appearance. Wall Street Clearing, Inc.: David Goldman, Esq. of Wexler and Burfchart, Garden City, New Yorfc. OTRA Clearin

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. CASE #91-02540 AWARD In the Matter of the Arbitration Between William Terry Carter Claimant vs. Dean Witter Reynolds, Inc. John Tekeser Respondents CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on August 16, 1991, Claimant, William Terry Carter, who appeared Pro Se, alleged that Respondents Dean Witter Reynolds, Inc. and John Tekeser overch

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Richard & Kate Schaps No. 91-02539 Name of Respondents _•.. qp». Paragon Capital Corporation Douglas Telepman REPRESENTATION OF PARTIES For Claimants: Ronald Lev, Esq. of Ron Lev Ltd. For Respondent Paragon Capital Corporation: Clifford B. Yuknis, Esq., and Dennis 0. Boyle r Esq, of Shefsky & Froelich Ltd.

PUBLIC N.A.S.D. AWARD NATIONAL ASSOCTATICN OF SRAIklTIES DEALERS, INC. In the Matter of the Arbitration Between Name of Claimant James R. Leonard 91-02536 Michael J. Wbalen For Claimant: David A. Webster, Esq. of the law firm of Sumner & Hewes. For Respondent; Michael J. Wbalen appeared pro se. Statement of Claim filed on: August 14, Claimant's Submission Agreement signed on: July 30, 1591. Statement of Answer of filed by Respondent on

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between T h «, • i n ,1 - INDUSTRY Joseph & Shirley Berkley Claimant vs. Shearson Lehman Brothers, Inc. Philip Engelson Respondents CASE #91-02535 AWARD CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on August 16, 1991, Claimants Joseph & Shirley Berkley, who appeared Pro Se, alleged that Respondents Shea