N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Cheyenne -VAF Federal Credit Union 93-04169 Name of Respondent Marion Bass Securities Corp. CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on October 11, 1993, Claimant Cheyenne VAF Federal Credit Union, through its outside counsel, Michael Reese, Esq. of Wiederspahn, Lummis & Liepas, P.

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Patsy C. Leatherwood 93-04151 Name of Respondent Merrill Lynch, Pierce, Fenner & Smith, Inc. CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on October 8, 1993, Claimant Patsy C. Leatherwood, who appeared Pro Se, alleged that in early October of 1987, she was advised by Hamilton Lewis H,

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Belinda C. Anderson 93-04148 Name of Respondents Merrill Lynch, Pierce, Fenner & Smith, Inc. CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on October 6, 1993, Claimant Belinda C. Anderson, who appeared Pro Se, alleged that she purchased seven shares of Arvida/JMB Partners Limited Partn

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Edward R. Feuerstein 93-04136 Name of Respondents .Merrill Lynch, Pierce, Fenner & Smith, Inc. John H. Wellington CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on October 7, 1993, Claimant Edward R. Feuerstein, who appeared Pro Se, alleged that in November, 1991, he wanted to purch

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Alexey Zacharin Case # v. 93-04101 Name of Respondents Kenneth Edward Nightingale Lew Lieberbaum & Co., Inc. REPRESENTATION For Claimant: Adolph Seltzer, Esquire located in New York, New York. For Respondent, Lew Lieberbaum ("LLC"): Jay Marc Israel, Esq. in-house counsel, located in Garden City, New York. Respondent

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Anne Goldman, TTEE/Anne Goldman Trust 93-04097 Name of Respondents The Chicago Corporation and Christopher Charmer REPRESENTATION OF PARTIES For Claimant at the hearing: Pro Se. For Respondents, The Chicago Corporation and Christopher Channer, at the hearing: Joy Pava Shulruff, Esq. of The Chicago Corporation, Chicago, Illinois

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants D. Louise Dehne and Dana L. Schmidt 93-04095 Name of Respondents Olde Discount Corporation Rodney Douglas Bowman REPRESENTATION For Claimants D. Louise Dehne and Dana L. Schmidt ("Claimants"): D. Louise Dehne For Respondents Olde Discount Corporation ("Olde") and Rodney Douglas Bowman ("Bowman"): Francis R. Ortiz, Esq.

N.A.S.DAWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Name of Claimant William Grant Newman, Jr. and 93-04065 Name of Respondent First Southwest Company REPRESENTATION OF PARTIES William Grant Newman, Jr. ("Claimant") was represented by Fred Kolodey, Esq. Dallas, Texas. First Southwest Company ("Respondent") was represented by Mary O'Connor, Esq. of Akin Gump Strauss Hauer & Feld, L.L.P.,D

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Harold Scharff 93-04046 Name of Respondents Merrill Lynch, Pierce, Fenner & Smith, Inc. CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on October 4, 1993, Claimant Harold Scharff, who appeared Pro Se, alleged that he was told by his broker at Respondent Merrill Lynch, Pierce, Fenner & S

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between Name of Claimant Madeline Andrews Names of Respondents Cybervest Securities, Inc. William Pang Chien and Garth Reeves Case No. 00-03724 Hearing Site: Boca Raton, Florida REPRESENTATION OF PARTIES For Madeline Andrews ("Andrews") hereinafter referred to as "Claimant": Eric Norstedt, Esq., Fort Lauderdale, Florida. For Cybervest Securities, Inc. ("Cybervest")