NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the ,-»'^b-.tration Between Joseph and Arlene Burruano CIaimants vs. Thomson McKinnon Securities, Inc. James E. Taylor Respondents In the Matter of the Arbitration Between Samuel and Grace Burruano AWARD #88-00630 CIaimants vs. Thomson McKinnon Securities, Inc. James E. Taylor Respondents #88-01622 (Consolidated cases) Case Summary Claimants Joseph

N.A.S.D. AWARD NATICNAL ASSOCIATICN OF SECURITIES DEALERS In the Matter of ttne Arbitration Between ) of riaijnantfg^ Xiomara Ordonez & Pedro Itooz Shearson Lehman Brothers, Inc, Voldanar Strasdas Alfred f'asulo Nam^ of riaimantrs^ Francisco & Margarita Afandor Shearson Lehmn Brothers, Inc. Valdanar Strasdas Alfred Fa.5uio ) 87-01738 0 88-00097 Heard before ttne manbers cf the Arbitration Panel: Marina Siiank-Kleln,

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In The Matter of Arbitration Between DENNIS C. PREWITT C/F JENNIFER PERETTI RICHARD R. FLEEGE Claimant V. BLINDER ROBINSON & CO., INC. Respondent V. RUSSELL KARREN STRATTON • Third Party Respondent CONSOLIDATED NASD NO. 87-01986 NASD NO. 87-01981 PROCEDURAL Pursuant to Section 25 (d)(2) of the NASD Code of Arbitration Procedure, Claimant Prewitt, as custodian for Jenn

AWARD NASD REGULATION. INC. In the matter of the Arbitration Between Name of Claimants Conrad W. Dermit and Donna B. Dermit v. Name of Respondent Robert J. Rrakower Arbitration No. 98-00615 For Claimants: For Respondent: Statement of Claim filed: REPRESENTATION Peter R. Dion-Kindem, Esq. Buchanan & Kindem Los Angeles, California David Liebrader, Esq. Law Office of David Liebrader Newport Beach, California

N.A.S.D. STIPULATED AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Smith Bamey, Inc. Steven Lewis Sellman Case Number 94- 05U8 (consolidated with 95-00193, 95- 00779, 94-05373 and 95-02297) Name of Respondent Halpert and Company. Inc. For Claimants Smith Bamey, Inc., Steven Sellman. Ronald Triefler, Michael Lieberman. Raymond Sammak, Sean Davis and Alan Gudz, appeared Bnan McDono

N.A.S.D. STIPULATED AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Smith Bamey, Inc. Steven Lewis Sellman Case Number 94- 05U8 (consolidated with 95-00193. 95- 00779, 94-05373 and 95-02297) Name of Respondent Halpert and Company, Inc. For Claimants Smith Bamey, Inc., Steven Sellman, Ronald Triefler, Michael Lieberman, Raymond Sammak, Sean Davis and Alan Gudz, appeared Bnan McDono

N.A.S.D. AWARD In the Matter of the Arbitration Between Name cf Claimant Gilmore Securities & Co. CASS #91-02911 consolidated with #92-00424 Name of Respondents Katherine E. Gotch Holmer Gronager For Claimant Gilmore Securities a Co. : Avrom Gold, Esq. of Mandelbaxun, Salsburg, Gold, Lazris, Diacenza a Steinberg. Respondents Holmer Gronager and Katherine E. Gotch appeared Pro Se. CASE INFORMATION Statement of

PUBLIC NATICNAL ASSCCrATI^N ::JC . Zr. a Cor.soiidat.ed Maccsr of ArcioraC-on Hecween John Parisen, Thomas £. Messina and Michael A. LaRossa Claimancs vs. Royce Park Investments, Inc. Micheis Palermo ResDondencs John R. ?tffisen VB- Royce Paric Investmeiita and Michele Palermo CASE #90-03277 AHARD Thomas S. Messina vs, Royce Parit iDvestmenCs and Michele Palermo CASE #90-03278 AWARD Michael A

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between ) DONALD GRENDAHL, MARK GRENDAHL, 1 THOMAS LEMORANDE, CON YAGODZINSKI, aVDE TRUDEAU, RAY FORMANEK, VIRGINIA RIUTTA, RUSSELL AND FLORENCE GRENDAHL, BETTY HANSON, PHILLIP AND DEBRA GRENDAHL SANDI GOETZE, KEITH OLSON Claimants and CONSaiDATED CASE NOS. 90-00495, 90r0fi&72. 90-00673, 90-00674, JJOZHH!] 88-02472, 88-02473, 88-02469, 88-02475, 8

ArtsrtratlOrt S N.A.S.D. AHARD Natk>nat Association of Securities Deaten. Inc. NanCKRL ASSOdATION OF SBCCRITIES DEALERS i'.^^.^E'^"^'^^SlLS"^^^ o3 Wnrtefiall SQlBei Newrork, N.Y.I0004 In the Matter of the Arbitraticn Between FAX (2T2)85S-*V389 Mane of Claiinants Iferrill Lynch, Pierce, Fenner & Smith, Inc., Prudential -Bache Securities, Inc. (n.Jc.a. Prudential Securities, Inc.) Solnnrai Brothers, Inc. and Pmi th Barney, Harris CI^)ham a Co., I