NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION, INC. CASE: 00-03703 Arthur Isman and Gloria Isman, Claimant vs. Paul Haney and Ben Kedem, Respondents. ATTORNEYS: Claimants appeared Pro Se, Bayside, NY. Respondent, Ben Kedem, appeared through Milton R. Gleit, Esq., of the firm of McCarthy, Fingar, Donovan, Drazen & Smith, LLP, White Plains, NY. Respondent, Paul Haney, appeared through Edward K. Blodnick, Esq., of the firm of Blodnick, Gordon,

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Betty and Y.F. Chen 93-02355 Name of Respondent Merrill Lynch, Pierce, Fenner & Smith, Inc. REPRESENTATION For Claimants: John L. Moncrief, Esq., New York, NY. For Respondents: Sol Freedman, Esq., of the law firm of Freedman and Spector, Rockville Center, NY. CASE INFORMATION Statement of Claim filed: June 24, 1993.

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS Name of Claimant Yolanda Lopez No. 93-02345 Name of Respondents John Hancock Distributors, Inc. Patrick MCCoy, REPRESENTATION OF PARTIES For Claimant: Alex B. Vacula, Esq., of Titus, Bruckner fie Berry, Scottsdaie, Arizona. For Respondent John Hancock Distributors, Inc.: Frederick W. Keuthen, esq., Associate Counsel, John Hancock Mutual Life Insurance Company, Boston, Massachusetts.

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Claimants Jerry & Ruth Winkler NASD #93-02340 AWARD VS. Charles Schwab & Company, Inc., Debbie Bertram REPRESENTATION For Claimants: Robert A. Massi, Esq. of Las Vegas, Nevada. For Respondents: Richard S. Dangerfield, Esq. of Charles Schwab of San Francisco, California. CASE INFORMATION Statement of Claim filed: June 14, 1993

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Robert F. White 93-02337 Name of Respondent The Dime Savings Bank of New York Armando Ronald Olivieri Dime Securities of New York, Inc. Name of Third-Party Respondent Invest Financial Corporation REPRESENTATION For Claimant Robert F. White: Claimant appeared pro se. For Respondents The Dime Savings Bank of New York

N.A.S.D. AWARD NATIONAL ASSOCIATION OP SF.rJIRTTTFS DFAT.F.RS. INC, In the matter of the Arbitration Between Name of Claimant Rose Ellen Chambers NASD Arbitration No 93-02325 Name of Respondent Clyde Bruff REPRESENTATION For Claimants: M. Eric Olmstead, Esq. - Wendel, Rosen Black Dean & Levitan - Oakland, California For Respondent: Walter L. Baumgardner, Esq. - Musilli, Baumgardner, Wagner & Parnell - St. Clair Shores, Michigan C

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants John Sich and Mary A. Sich 93-02323 Name of Respondent Marion J. Molenda REPRESENTATION For Claimants, John Sich and Mary A. Sich ("Claimants"): Jeffrey A. Sellers, Esq. of the law firm of Silverberg, Yood, Sellers & McGorry located in Buffalo, New York. For Respondent, Marion J. Molenda ("Respondent"): Respondent appeared

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant James C & Joan L Spillman TTEES 93-02315 Name of Respondent Gerald Klein CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on June 11, 1993, Claimants James & Joan Spillman, who appeared Pro Se, alleged that Respondent Gerald Klein, through the firm of KMNY Radio Discount brokers changed in

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Name of Claimants John R. Pace and Joyce R. Pace, individually and as Co-Trustees for the Bet Trading Defined Benefit Plan and 93-02312 Name of Respondents Dean Witter Reynolds, Inc. and Deric K. Martin REPRESENTATION OF PARTIES John R. Pace and Joyce R. Pace, individually and as Co-Trustees for the Bet Trading Defined Benefit Pla

\ N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant^ Kenneth W. and Thelma Mulcahy Name of Respondent(s) David Lerner Associates, Inc. Case No# 93-02311 REPRESENTATION For Claimants, Kenneth W. Mulcahy and Kenneth W. Mulcahy (the" Mulcahys"): Chandra L. Parker of Parker Perlstein & Co., Boca Raton, Florida. For Respondent, David Lerner Associates, Inc. ("David Lerner"): Ru