N.A.S.D. -AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Robert S. Frost & Sandra j. Frost Sandra J. Frost, Custodian-Ronald D.Frost 91-00010 f Respondent Peter Hesbacher For Claimants: Robert S. Frost, pro se. For Respondent: Daniel T. Steiner, Esq. of Kirkpatrick & Lockhart. Statement of Claim filed: January 2, 1991. Claimants' Submission Agreement signed: January 23, 1991. Stateme

Arbitration National Association of N.A.S.D. AWARD Securities Dealers. Inc. NASD Financial Center JCVITCMAL ASSOCIATION OF SECDSTTIES DEALERS 33 Whiteh a )l Slreet New York. N.Y. 10004 FAX (212) 858-4389 In the Matter of the Arbitration Between Name of Claimant Harold Berkowitz 91-00008 Name of Respondents Janney Montgomery Scott Inc. Earl Marks For Claimant Harold Berkowitz ("Claimant"): Justin T. Loughry, of Tbmar,

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Geraldine K. Mirphie Claiirant and 91-00007 -•. -N- Cowen & Conpany and Ernest A. Mishne Respondents O l< g * Claimant Geraldine Murphie was represented by Qoentin R. Wittrock, Esq. of Gary, Plant, Jtooty, Mooty & Bennett, P. A., Minneapolis, Minnesota. Respondents Cowen & Conpany and Ernest Mishne were represented by Daniel J. D

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS Arbitration National Association of Securities Dealers, Inc. NASD Financial Center 33 Whitehall Street New York, New York 10004 In the Matter of the Arbitration Between Name of Clai John H. Kempster, Jr. vs. Nprae of Respondents Tucker Anthony Incorporated Chris Cowans Case # 91-00005 For Claimant: Pro se. For Respondent: Michael L. Michael, Esq., in-house

N.A.S.D. AWAED NATIONAL P.SSOCIATION OF SECURITIES DE.A1 n the Matter of the Arbitration Between Name of Claimant Alice Allen 91-00002 Name of Respondents Kidder, Peabody & Co., Incorporated Martin Finn For Claimant: Morley Goldberg of Matrix Assets Advisors. Fcr Respondent? Bidder Ciinn.ir»gh3in. Esq. cf ^ii pp»hnrtv ^ rr» Fisher. inc. and Martin Finn: Maureen (The chairman ruled prior to the commencement of the first hearin

r N.A.S.D. NATICNAL ASSOCIATION OF SECORITIES DEALERS In the Hatter of the Arbitration Between Flanagan/Ittxynard/Linfc 91-00001 Name of O r ;/r/ Securities Inc. Ftar daiaants R*ert Flanagan, Richard Ktynard, and William Unit: Stuart C. Goldberg, Esq. of Qanbuzy, Gcamectlcut. Ftor Re^cntient Prudential-Bacbe Securities, me. : Patricia Roy, Esq. and Jeff Andersen, fcq. of Prudential -Bache Securities, Inc., Mew York, New Ycodc.

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: The Lee Family Trust, Lawrence Lee and Marilyn Lee, Claimants v. Securities America, Inc. and Michael R. Klein, Respondents Case Number 00-04894 Hearing Site: Salt Lake City, UT REPRESENTATION OF PARTIES For Claimants: A. Robert Thorup, Esq. Ray, Quinney & Nebeker 79 South Main Street P.O. Box 45385 Salt Lake City, UT 84145 For Respondents: Mark J. Appleton, Es

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Michael E. Wiseman Cathy D. Wiseman vs. Paragon Capital Corporation Mark Cohen Claimants Respondents CASE 190-03613 ANARD Michael E. & Cathy D. Wiseman vs. Paragon Capital Corp. & Mark Cohen COW WITH David F. & Maria Zuppke vs. Paragon Capital Corp. & Mark Cohen CASE SUMMARY Pro Se Claimants, Michael E. and Cathy

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Kenneth Shavelson Claimant vs. CASE* 90-03299 MODIFIED AWARD Smith Barney Harris Upham & Co., Inc. Lenard Feldman Respondents Heard before: Edward M. Sills, Esq. Public Arbitrator CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on November 20, 1990, the Claimant Kenneth Shavelson alleged that R

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant- Richard M. Albert 90-03295 Name of Respondents Bear Steams & Company Curtiss Parker Richard M. Albert was represented by Tony Kaufman, Esq. of Dallas, Texas. Bear Stearns & Co., Inc. and Curtiss Parker were represented by Cheryl Jerome, Esq. of Hewitt & Jerome, Dallas, Texas. In a statement of claim filed with the Nati