'A PUBLIC NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC In a Consolidated Matter of the Arbitration Between John R. Parisen, Thomas E. Messina and Michael A. LaRossa Claimants vs . Royce Park Investments, Inc. Michele Palermo R^5poj\detii:s CASE #90-03276 AWARD John R. Parisen vs . Royce Park Investments and Michele Palermo CASE #90-03277 AWARD Thomas S. Messina vs. Royce Park Investments and Michele P

N.A.S.D. ANARD NftTICNRL ASSOCIATICN OF SECURITIES DEALERS In the ixfetter of the Arbitration Betwe^ Ite M.H. Ross Company, Inc- Name nf Ttemondent^sl Dean witter Reynolds, Inc. Craig Cryer 90-03248 For Claimant; «J\iliu8 A. Dix, Esq. of tha Law Office of Julius A. Dix, Esq. For FfebtJLii-fa-t Trenton J. HilL, Esq. of Jones, Bell, Simpson and Abbott. Statanent of Claim filed: 11/16/90 Claimant's Submission Agreenent signed oni 11/1/90 Joint

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Linda C. Yahn Claimant CASE #90-03125 vs. AWARD Dean Witter Reynolds, Inc. Respondent * CASE SUMMARY Pro Se Claimant, Linda C. Yahn, in a claim filed with th»' National Association of Securities Dealers, Inc. on November 6, 1990, alleged that Respondent Dean Witter- Reynolds, Inc. misrepresented the sale of First Federal of Arizona zero coupoi* bo

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In ths Matter of the Arbitration Between Debra M. Carter Claiinant and 90-03099 A, G. Edwards & Sons, Inc. Respondents REPRESErfEftTTfU OF PART! Claimant Debra Carter was represented by Jerry 0' Neal, Esq., Weatherford, Texas. Respondent A. G. Edwards, Inc. was represented by Jeff Jamieson, Esq. of A. G. Edstfards & Sons, Inc., St. Louis, Missouri. CASE StBWMiy I

N.A.S.D. AWARD NATICNAL ASSOCIATICN OF SMUURITIKS DEALERS In the Matter of the Axbltration Betwem Otra dealing. Inc. vs. NASD Arbitration No. 90-03088 L.M. Drew, Inc. fka. West Coast Securities, Ltd. and Jim Rale For Clainant: Scott G. Monson, Esq. of Otra Securities Group, Inc. Salt Lake dty, Utah For Respondent: No representation. Stataooent of Claim filed: Noiveaber 1, 1990. Claimant's Submission Agreement signed on: Octcber 31, 1990.

NJ^S.D. AHARD NATICNAL ASSOdAnCN OF SECORinES DEALERS In the IVfatter of the AiiDitration Beta*sea Name of daimant Marilyn Arm Stxringer vs. 90-03038 Nanne of Respondepts PalneWetiber, Tne. Martin HRTTiiHri Scott Satchlck Lawreoce Klein Ear Claimant; lee J. Pampas, Westlake Village, California For Respcxxients: PaineMefcber, Martin Hwrnmi & Scott Rachick: William McC. Mcntgcoery, Esq., PaineNeUser, liac., Los Angeles, California Ea

NASD N.A.S.D. AKARD NATICNAL ASSOCIATICN OF SEX^DRITIES DEALERS Arbitration National Association of Securities Dealers, Inc. NASD Financial Center 33 Whitehall Street New York, New York 10004 In the Matter of tiie Aibitratiati Between Name of CTLaljmant- Painewebber, inc. Name of Respondent Victor D, Bahary 90-02913 OCT - 6 ly^ji For Claiinant, £>aineiWg±:ber, Inc. ("Claiinant") : Edward G. Werner, of Painewebber, Inc.

N.A.S.D. STIPULATED AWftRD ^' J,-'^ NATIONAL ASSOCIATION OF SECURITIES DEALERS ' MB Glflijgpr.f.?] ^ JJean witter Feynoids, Inc. 90-02912 Name nf Ramnr^1-(s] William Ziehl For Claimant/CountjeriBspcmdent: Frederick A. Rafeedie, Esq., of Jones, Bell, Siinpeon & Abbott For Respondent/CounterclainBnt: Baixy H. Alper, of investors Arbitration Services, Inc. Statanent of Claim filed: Octctec 18, 1990 Claijnaiit/CocinterrBspondBnt's Submission A

-.lEBEEP TO :'33788747 AMSq MmOWi AS^CimCN OP SBAlKl'i'UiS DEAUEStS ™ln the Matter o£ the Arbitration Betai«eD 'Baxty S. Bstjc«l«y 90-02908 Tiflotl^r E. Cronin 1 '3y2 .03-02 O^: cniZlPn tl74=, 0j Arbltritton saeurltlM Dtatftri, Inc. NASD Financial Ctmter 33 Whllehall Streei New York, New York 10004 For Claisant: Paul T, SbDeSCtafcor, Esq. a»i Je££rcy L. Liadle, Bsq. of Llddle, O'Cbnnor, Fljokelstein & Kf^lnacsi and Aegis J,

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Aroitration Between Shearson Lehman Hurton AWARD vs . , NASD ^^90-02846 Peter Savale Respondent i REPRESENTATION Claimant was represented by Sarah E. Lucas, Esq. of Keesai Young & Logan, San Francisco, California. Respondent: aid not -5nter an appearance az hearing. SUMMARY OF ISSUES Claimant alleged fraud, breach of contract, conversion, violations of Cali