N.A.S.D. REGULATION, INC. AWARD CASE: 98 - 01239 Timothy Layne Williams, claimant vs. Investors Associates, Inc. and Bryan Testa, respondents. ATTORNEYS: Claimant appeared Pro Se. - Brandon, FL. Respondents did not appeared. DATE FILED: 4/3/98 CASE SUMMARY: Claimant alleged unauthorized trading and misrepresentation. Claim Data Award Data Claim: $7,000.00 , Award: $.00 Other: $.00 Other: $.00 AWARD: The undersigned arbitrator has decided and

N.A.S.D. REGULATION, ING. AWARD CASE: 98 - 01238 Karol Kacprzak, claimant vs. Dean Witter Reynolds, Inc., respondent. ATTORNEYS: Claimant appeared Pro Se. - Buffalo, NY. For respondent appeared Debra A. Roth, Esq., - New York, NY. DATE FILED: 4/3/98 CASE SUMMARY: Claimant alleged failure to supply information, unauthorized trading and unsuitability. Claim Data Award Data Claim: $9,939.22 Award: $.00 Filing Fee: $.00 , Filing Fee: $150.00

N.A.S.D. REGULATION, INC. AWARD CASE: 98 - 01235 Michael Bodin , claimant vs. Olde Discount Corporation and Scott Henry, respondents. ATTORNEYS: For claimant appeared Judith Bodin, Esq., - Teaneck, NJ. For respondent Olde Discount Corporation appeared Amy Kurt Richards - Detroit, ML Respondent Scott Henry did not appear. DATE FILED: 4/6/98 CASE SUMMARY: Claimant alleged failure to execute, unsuitability, negligence, breach of contract, failure to su

N.A.S.D. REGULATION, INC. AWARD CASE: 98 - 1234 Fred Klein, claimant vs. Jack White & Co., respondent. ATTORNEYS: Claimant appeared Pro Se. - Los Angeles, CA. For respondent appeared Maria J. Seeder, Esq., - San Diego, CA. DATE FILED: 4/3/98 CASE SUMMARY: Claimant alleged failure to execute price and fraud. Claim Data Award Data Claim: $800.00 Award: $.00 Punitive: $1,000.00 Punitive: $.00 Interest: $.00 Interest: $.00 Filing Fees: $.00

NASD REGULATION, INC. AWARD In the Matter of the Arbitration Between Name of Claimants George Powell and Agnes Y. Powell Case No. vs. 98-01230 Name of Respondents Summit Investment Group. Inc. Guy B. Deemer REPRESENTATION For Claimants George Powell ("Mr. Powell") and Agnes Y. Powell ("Mrs. Powell") (collectively "Claimants") appeared Barron P. McCune, Jr., Esq. of the firm McCune & Vreeland, located in Washington, Pennsylvania.

STIPULATED AWARD NASD Regulation, Inc. In the Matter of the Arbitration Between Name of Claimant Jacques K. Haddad Mary Ann Haddad 98-01228 Name of Respondents OLDE Discount Corporation and Pat McGorisk REPRESENTATION For Claimants: Jacques K. Haddad and Mary Ann Haddad were represented by Laurence S. Schultz of Driggers, Schultz & Herbst, located in Troy, Michigan. For Respondents: OLDE Discount Corporation and Pat McGorisk were rep

Award NASD Regulation, Inc. In the Matter of the Arbitration Between: IMPCO Holdings Limited, Claimant v. Everen Securities, Inc. and Mel Vukcevich, Respondents. Case Number: 98-01226 Hearing Site: Los Angeles, California REPRESENTATION OF PARTIES Claimant, IMPCO Holdings Limited: Respondents, Everen Securities, Inc. and Mel Vukcevich: Martin A. Faigenbaum, Esq., Law Office of Martin A. Faigenbaum Miami, Florida John R. Loftu

NASD Regulation, Inc. In the Matter of the AibUmion Between Charles Schwab A Company, Inc. 98-01223 Premhnn Capital Funding, Inc. Carlos S. Rug* For Claimant: DUne C, Pitcher, Eaq., Qosaberg, Kane & Fbctet , Chicago, Reapoadent Premium Capital Funding, Inc. ("Premium*) was not represented by counsel art did oot enter an appearance. For Respondent Carlo* S. Ruga ('Ruga'): Pan! A. CaiOnuS* Esq., LAW Office* of Paul A. Caiflaud, P. A., Cocout Grove

AWARD NASD Regulation, Inc. In the Matter of the Arbitration Between Names of Clahnfltitu Ron L. Nicholas Nicholas & Associates Architects, Inc. 98-01220 Names of Respondents Jordan Belfort Stephen Buxton Kenneth Greene Daniel Porustt Bear Steams & Co., Inc. REPRESENTATION For Claimants: Lawrence J. Bochat, P.C., Garden City, New York. fcte Respondent Jordan Belfort ("Belfort"): Franklin D. Onnsten, Esq. of the law firm of

AWARD NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between Name of Claimant Jeffrey Michael Warnick and 00-02976 Dallas, Texas Name of Respondents Simmers Capital Management Corporation and David A. Simmers REPRESENTATION OF PARTIES Jeffrey Michael Warnick ("Claimant") was represented by John M. Nevins, Esq., Mosley & Standerfer, P.C., Dallas, Texas. Simmers Capital Management Corporation and David A. Simmers ("Resp