N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEAI£RS In the Matter of the Arbitration Betvaen Name of 90-' Paul J. Heffernan Mame> of Rpgnnnrianl- :{ s ) G.K. Scott & Cotpany, Inc. MAR 2 21991 In a claim filed with the National Association of Securities Dealers, Ire. ("NASD") on or about ffcbcuary 16, 1990, Paul J. Heffennan ("Claimant"} alleged that an agent for G.K. Scott & Co., Inc. ("Itespondant") agreed to sell the Claimant

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between } ) Name of Claimant*s^ ) ) Patsy A. Minshall ) ) ) ) Name of Pogpnrvtent t s \ ) ) Shearson Lehman Hutton, Inc. ) Desmond Judge ) Arbitration National Association of Securities Dealers, Inc. One East Broward Boulevard Suite 1000 Ft. Lauderdale, Florida 33301 (305) 522-7391 Case No. 90-00510 Heard bef

AWARD NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between Name of Claimant Jim Olchefski d/b/a Upper Ghost Lake Ltd. and 00-04732 Minneapolis, Minnesota Name of Respondents Josephthal & Co., Inc. Fidelis E. Etuk REPRESENTATION OF PARTIES Jim Olchefski d/b/a Upper Ghost Lake Ltd. ("Claimant") was represented by Judith A. Rogosheske, Esq., Best & Flanagan LLP, Minneapolis, Minnesota. Josephthal & Co., Inc. ("Responde

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS' In the Matter of the Arbitration Between Name of Kathleen M. Fagen 90-00506 Name of Resrpondent (s} Prudential-Bache Securities Inc. Heard before: Name Pnhl ir/' Robert J. Ruben, Esq. Public/Chairman Stuart DeHaaf, Esq." Public Jeffrey E. Skogsbergh Industry Claimant was represented by: Scott L. Gilmore r Esq. of Hill, Farrer & Burrill Respondent was represented b

N.A.S.D. AWARD NATICNRL ASSOCIATION OF SECURITIES DEALERS In the Hatter of the Arbitration Between Arbitration National Association of Securities Dealers, Inc. NASO Financial Center 33 Whitehall Street New York, New York 10004 Richard W. Bowyer vs 90-01035 J.W. Gant and Associates, Inc. Atlanta Securities & Investments Inc. James Smith Feed Jonee Stanley Ndnnan Goldstein For Claimant: John A. Bender, Jr* Esq. of Ksye

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the totter of the Arbitration Between Name of Claimant/si John Converse Name Arbitration National Association of Securities Dealers, inc. One East Broward Boulevard Suite 1000 Ft. Lauderdale, Florida 33301 (305) 522-7391 CASE #90-01020 Richard Ginsberg Heard before the members of the Arbitration Panel: Philip F. Ludovici, Esq. Diane H. Perry Samson Silbe

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Itetter of the Arbitration Between ) ) Name o E. Bell (Individual & as Personal ) Representative of Charles E. Bell) ) Rodney A. Bell ) ) Case No. 90-01018 ) Man** of Respondent? si ) ) Consolidated Investment Services, Inc. ) Richard N. Davis ) Heard before the members of the Arbitration Panel: Patricia A. Snub, Esq. Public Sherman R. Kaplan, M.D. Public

NATIONAL ASSOCIATION OF SECURITIES DEALERS r INC. tn the Matter of the Arbitration Among Susan Knurek Custodian f.b.o. - Case #90-01016 Lisa M. and Mark Knurek . AWARD Claimants vs. Anchor National Financial Services, Inc. . and Frederick D. Johnson, II Respondents CASE SUMMARY Claimants, Susan Knurek Custodian f.b.o. Lisa M. and Mark Knurek, (hereinafter the "Claimants") alleged that Respondent, Frederick D. Johnson, II (her

NATIONAL ASSOCIATION OF SECURITIES DEALERS. INC. -»—•.»———————_..———_._ — •____„_..„___.„.___„_,..„_._..—.——————.———.- — In the Matter of the Arbitration Among John & Michele Alfano Claimants vs. Case #90-01008 Award Russo Securities, Inc. and Mark Ellman Respondents CASE SUMMARY Claimants, John & Michele Alfano ("Alfano"), alleged Respondents, Russo Securities, Inc. ("RSI") and Mark Ellman ( H Ellman"), executed unauthorized tra

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS i In the Matter of the Arbitration Between \ Jean Grose \ Claimant vs. 90-01002 William Collings, American Capital Equities, Inc., Robert Hilliard, SFG Brokerage Co. Respondents REPRESENTATION OF PARTIES Claimant Jean Grose was represented by John M. Franck II, Esq. and James N. Williams, Esq. of Middleton and ReutLinger, Louisville, Kentucky. CASE SUMMARY In a Stateme