Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Dennis Schuelke and Judy Schuelke, Claimants v. La Jolla Capital Corporation, Marvin John Susemihl, Harold Bailey Gallison, and Donald O. Huss, Respondents Case Number: 98-03666 Hearing Site: San Diego, California REPRESENTATIQNOF PARTIES For Claimants Dennis Schuelke and Judy Schuelke: For Respondent La Jolla Capital Corporation and Harold Bailey Gallison: For Res

Award NASD Regulation, Inc. In the Matter of the Arbitration Between: William B. Vernon, Claimant v. Drake Capital Securities, Inc., Frank Niezgoda, and Ronald J. Vannuki Respondents. Case Number: 98-03664 Hearing Site: Los Angeles, California REPRESENTATION OF PARTIES For Claimant: Michael Huberman, Esq. Michael Huberman & Associates La Quinta, California For Respondents: CASE INFORMATION Dudley Muth, Esq. Drake Capital

Award NASD Regulation, Inc. In the Matter of the Arbitration Between: The Storytellers Group Enterprises, Ltd., Claimant v. Everen Securities, Inc. and Matthew Avruch, Respondents. Case Number: 98-03653 Hearing Site: Los Angeles, California REPRESENTATION OF PARTIES For Claimant: For Respondents: William F. Davis, Esq. Law Office of William F. Davis Los Angeles, California Jon L. Rewinski, Esq. Heller, Ehrman, White & McA

AWARD NASD Regulation, Inc. In the Matter of the Arbitration Between Name of Claimant Curtis Roberts and 98-03650 Denver, Colorado Name of Respondents Western International Securities, Inc. Concept Brokerage Holding Corporation REPRESENTATION OF PARTIES Curtis Roberts ("Claimant") was represented by William D. Nelson, Esq., Rothgerber, Johnson & Lyons, LLP., Denver, Colorado. Western International Securities, Inc. ("Respondent Wester

NASD Regulation, Inc. Office of Dispute Resolution Arbitration No. 98-03641 Award Page 2 RELIEF REQUESTED Claimant requested: Compensatory Damages = $7,365,020.00 Interest Amount Not Specified Costs Amount Not Specified Attorney's Fees Amount Not Specified Respondents requested: Compensatory Damages = $537,452.52 Costs Amount Not Specified Attorney's Fees Amount Not Specified OTHER ISSUES CONSIDERED AND DECIDED The parties agreed

Award NASD Regulation, Inc. In the Matter of the Arbitration Between Name of Claimant Prudential Securities, Inc. Case No. 98-03635 Name of Respondent Charles E. Behr REPRESENTATION OF PARTIES For Claimant Prudential Securities, Inc. ("Prudential"): Philip J. Berkowitz, Esq. of Kutak Rock, Washington, DC. For Respondent Charles E. Behr ("Behr"): Scott J. Link, Esq. of Ackerman, Link and Sartory, West Palm Beach, FL. CASE INFORMATION

NASD Regulation, Inc. Office of Dispute Resolution Arbitration No. 98-03628 Award Page 1 of 7 Award NASD Regulation, Inc. In the Matter of the Arbitration Between: Edward G. Sable and Sharon Sable, (Claimants) vs. Ashley Nemiroff, Edwin Perez, Vince Fundaro, and Ash & Company (Respondents). Case Number: 98-03628 Hearing Site: New York, New York REPRESENTATION OF PARTIES Claimants Edward G. Sable and Sharon Sable "Claimants" appeared pro se.

_ NA SD REGULATION Id 003/007 Award NASD Regulation, Inc. In the Matter of the Arbitration Between: Stanley N. Solomon, (Claimant) vs. PaineWebber, Inc. and Paul Coiligan, (Respondents) Case Number: 98-03626 Hearing Site: New York, NY REPRESENTATION OF PARTIES Claimant Stanley N. Solomon, hereinafter referred to as "Claimant": Stuart R. Wolk, Esq., Wolk, Neuman & Maziarz, New York, NY. Respondents PaineWebber, Inc. ("PaineWebber") and Paul C

N.A.S.D. REGULATION AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS REGULATION. INC. CASE: #98-03617 Flis & Glance Option Club, claimant vs. E*TRADE Securities, Inc., respondent. ATTORNEYS: For Claimant, appeared Ronald A. Steinberg, Esq., Farmington Hills, MI. Respondent appeared through its Compliance Analyst, Bob Salvador, Palo Alto, CA. DATE FILED: September 29. 1998 CASE SUMMARY: Claimant alleged that respondent closed out the short PUT option wit

Award NASD Regulation, Inc. In the Matter of the Arbitration Between: Betty Rogers Revocable Living Trust, (Claimant) vs. David Stouffer and Merrill Lynch, Pierce, Fenner & Smith, Inc. (Respondents). Case Number: 98-03615 Hearing Site: Honolulu, Hawaii REPRESENTATION OF PARTIES Steven Knauer as Trustee for the Betty Rogers Revocable Living Trust, hereinafter referred to as "Claimant": Michael A. Oswald, Esq., Oswald & Yap, Irvine, California. Merril