NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. CASE #90-01957 AWARD In the Matter of the Arbitration Between Fred G. & Ruth Scheuer Claimants vs. Thomas F. White & Co., Inc. Respondent CASE SUMMARY Fred G. and Ruth Scheuer, in a claim filed with the National Association of Securities Dealers, Inc. on July 16, 1990, alleged that Respondent was negligent in replacing lost stock certificates and notifying Claimants of the loss. Claima

HJUS.D. Do. of 90-01345 , IDC. For Bryce Broughtca* Ftuechtaoicbt & Logan, Fort Mryne, Indiana. Fletcher, ST., Esq. of Rothberg, D. For Heal Gecber & Eisoiberg, Qiicago nilnois. aittcxi. Inc.; Jerry K« Santangelo, Eaq* of - Statemt of fi»4m filed on July 12, 1390. dadjnaat's Subnisslon AgreouDt fl^g"^^ on Jtily 6, 1990* Statanmt of Answer filed by Respondent, Shearson Leboan Huttcn, Inc. on Scptenber 12, 1990.

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Jesse R. and Luria M. Chitwood 90-01944 Name of Respondents Shearson Lehman Hutton. Inc. Daniel Miller Heard before: Public/Industry Robert P. Ross Public Arbitrator Andrew M. Temin Public Arbitrator Burgess Davis Industry Arbitrator CASE SUMMARY In a claim filed by Jesse R. and Luria M. Chitwood ("Claimants")

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Joseph and Shirley Main 90-01938 Name of Respondents Dean Witter Reynolds, Inc. Frank Isabelli For Claimants at the hearing: Peter Karabas. Esq. and Elizabeth Fiesan, Esq. of Abramson & Fox, Chicago, Illinois. For Respondents at the hearing: Charles Risch, Esq. and Randall Gold, Esq. of Lawrence, Kamin, Saunders & Uhlenhop

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimants George C, Hiller and Jayne Hiiler, JTWROS and Names of Respondents Russo Securities, Inc. Richard Russo, Ferdinand Russo William G, Brown, Joseph A. Depergola, and Jacob Nihamin Case Number: 00-04810 Hearing Site: Omaha, Nebraska George C. Hilier and Jayne Hiller, JTWROS ("Claimants") were represented by Guy R. Cook, Esq., Grefe & Sidney, PLC

N'.A.i.D. --AVARD NATIONAL /iSSOCIATION OF SECURITIES DEALERS In the Matter or the Arbitration Between Name of Claimant Georee E. Morris W-01937 Name of Respondents Paribas Corporation Paribas North America Inc. Michel Francois Poncet Oliver Robert Piani Francois Morin John F. Cuneo Patrick Vemon King Stevenson Kevin Moynihan Thomas Webster Matchett. Jr. Phillipe Blavier Alain Dewulf Mark Vermeullen REPRESENTA

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC* In the Matter of the Arbitration Between William Troupe Claimant vs. First Investors Corp. Walter H. Markowitz Respondents CASE #90-01936- AHARD CASE SUMMARY William Troupe, in a claim filed with the National Association of Securities Dealers, Inc. on July 11, 1990, alleged that Respondent Walter H. Markowitz, his broker at First Investors Corporation, assured him that the mutual b

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Jtotter of the Arbitration Between Name of Stuart James Conpany, Inc. William C. Kennington 90-01930 Mams of RMrr-trv-lont- / a ) Bay Area Management Stanley Beck Claimant was represented by Ms. Elizabeth D. Wills. Respondents Bay Area Management and Mr. Stanley Beck were represented by Mr. Stanley Beck. Respondent William Kennington represented himself. This matter

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. rt juL c I In the Matter of the Arbitration Between Name of Claimant El Paso County School District #11 and 90-01929 Name of Respondents Bear Stearns & Co., Inc., Mortgage Government Securities , Inc., M. G. S. I. Incorporated, M.G.S.I. Securities r Inc., Frank J. Marx, Stephen F. Caldwell, Robert H. Quarles REPRESENTATION OP PARTIES Claimant was repr

MODIFIED 3/12/92 Arbitration « w a c n atjfcun National Association of N.A.b.c. AWARU Securities Dealers, Inc. NASD Financial Center NKTICNRL ASSOCIATION OF SECURITIES DEALERS 33 Whitehall Street New York, N.Y. 10004 FAX (212) 858-4389 In the Matter of the Arbitration Between Name of Claimant: Dale Steven Foulk 90-01927 Name of Respondents; A.G. Edwards & Sons, Inc. Nicholas S. locco For Claimant: Mr. FouUc appeared pro se.