N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Terry L. Winters 93-01435 Name of Respondents F.N. Wolf & Co., Inc.; Tillman Douglas REPRESENTATION For Claimant: Terry L. Winters ("Winters") was represented by Hugh L. McKenney, Esq. of McKenney & Jesse, P.C., located in Houston, Texas. For Respondents: F.N. Wolf & Co., Inc. ("F.N. Wolf) and Tillman Douglas ("Douglas") we

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Martin and Mae Lenow 93-01433 Name of Respondents Merrill Lynch, Pierce Fenner & Smith, Inc. Lena H. Jansen REPRESENTATION For Claimants at the hearing: Howard Stein, Esq. of Holleb & Coff, Chicago, Illinois. For Respondents at the hearing: Nicholas R. Piccininni, Esq. of Merrill Lynch Pierce Fenner & Smith, Inc., New

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant JS Capital Management, L.P. 93-01421 Name of Respondent Pacific Brokerage Services. Inc. REPRESENTATION For Claimant: JS Capital Management, L.P. was represented by Jonathan Sherman of JS Capital Management, L.P. For Respondent: Pacific Brokerage Services, Inc. was represented by Stephen P. Bedell, Esq. of Gardner, Carton &

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Joe and Gloria Manzi, ind/JTTEN 93-01420 Name of Respondents Barrett Day Securities, Inc. Sean Hadden REPRESENTATION For Claimants Joe and Gloria Manzi ("Claimants") appeared Claimant Joe Manzi. For Respondent Barrett Day Securities, Inc. ("Barrett Day") appeared Ruthann Niosi, Esq., New York, NY. Respondent Sean Hadde

N.A.S/D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Ralph and Dorothy Burrell 93-01418 Name of Respondent Shearson Lehman Brothers, Inc. REPRESENTATION For Claimants Ralph and Dorothy Burrell ("Claimants"): Anthony V. Trogan, Esq. with the law firm of Weisman, Trogan, Young & Schloss, P.C. located in Birmingham, MI. For Respondent Shearson Lehman Brothers, Inc ("Respondent"

N r .A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of Arbitration Between Name of Claimants Lee L. Bernardis Barbara Bernardis vs. Case #93-01414 Name of Respondents Bear Sterns & Co., Inc, Daniel Jones John Pearce REPRESENTATION For Claimants Lee L. Bernardis and Barbara Bernardis ("Claimants"), Jeffrey A. Sellers Esq., from the law firm of Siiverberg, Yood, Sellers & McGorry. For Respondents

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Louis Nicoll, (Claimant) vs. Prudential Securities Incorporated and Manulife Financial Venture, (Respondents) Case Number: 00-03625 Hearing Site: New York, New York REPRESENTATION OF PARTIES Claimant, Louis Nicoll, hereinafter referred to as "Claimant", appeared pro se. Respondent; Prudential Securities Incorporated ("Prudential"): Marcia L. Williams, Esq., Assistant Gener

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Harold and Eleanor Friedman 93-01409 Name of Respondents Prudential Securities, Inc. Elaina S. Spilove CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on April 7, 1993, Claimants Harold and Eleanor Friedman, who appeared Pro Se, alleged that Respondent Elaina S. Spilove, Financial Ad

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the matter of the Arbitration Between Name of Claimants Thomas D. Lipkin Lane Lauri Almany Lauri Almany C/F Laureen Lipkin Lane Ugtmany NASD Arbitration No.93-01404 Name of Respondent Smith Barney Harris Upham & Co., Inc. Gary A. Sabshon REPRESENTATION For Claimants: Bruce R. Safran, Esq., Tarzana, California For Respondents: Alejandro Schwed, Esq., Smith Barn

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Irvin G. Small, TTEE 93-01399 Name of Respondents Shearson Lehman Brothers, Inc. n/k/a Smith Barney Shearson, Inc. Beatrice Albrecht CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on April 7, 1993, Claimant Irvin G. Small, who appeared Pro Se, alleged that Respondent Shearson Lehman