AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS REGULATION, INC. In the Matter of the Arbitration Between Agro-Tex, Inc., Claimant, v. Case No. 95-05457 Oppenheimer & Co., Inc. and Steven G. Karpas, Respondents. REPRESENTATION OF PARTIES Claimant, Agro-Tex, Inc. was represented by Margaret A. Poissant, Esquire, Sole Practitioner, of Houston Texas, and Claudio R. Roman, Esquire, Sole Practitioner, of Houston, Texas. Respondents, Oppenheime

AWARD NASD Regulation, Inc. Office of Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Samuel Solotkin and 95-05447 Name of Respondent Lowell C. Schatzer Lawrence Guerra REPRESENTATION OF PARTIES Samuel Solotkin ("Claimant") was represented by Robert V. Cornish, Esq., Law Offices of Jonathan Kord Lagemann, New York, New York. Lowell C. Schatzer ("Respondent Schatzer") was not present at the hearing. Lawrence

N.A.S.D, AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant PaineWebber, Inc. , 95-05443 Name of Respondent Arthur F. Wagner CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on November 17, 1995, Claimant PaineWebber, Inc. ("Claimant"), through its representative and in-house counsel, Thomas M. Mierswan, Esq., alleged that Respondent Arthur F. Wagner

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS. INC. In the matter of the Arbitration Between Name of Claimant Lori Barth Name of Respondents Great Westem Financial Securities, Inc. and Laurie B. McCormick REPRESENTATION For Claimant: For Respondent: Mitch Rosen, Esq. Attorney at Law Santa Monica, California Mark R. McDonald, Esq. Morrison & Foerster Los Angeles, California NASD Arbitration No. 95-05422 C

Arbitration & Mediation National Association of Securities Dealers, Inc. * NASD Financial Center * 33 Whitehall Street * New York, NY 10004 * Fax 212-858-4429 Washington DC Satellite office at; 1735 K Street. NW - 10th Floor * Washington, DC 20006 * Fax 202-728-6952 N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Jaime Protacio 95-05390 Name of Respondents Investors Associates Inc

95-05389 N.A.S.D. REGULATION AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS REGULATION In the Matter of the Arbitration Between Name of Claimants Larry L. and Judith C. Henshaw Name of Respondents James A. Jacobs Equico Securities, Inc. The Equitable Life Assurance Society REPRESENTATION Claimants Larry L. and Judith C. Henshaw ("Claimants") appeared pro se. Respondent James A. Jacobs ("Jacobs") was represented by Pamela A. Bresnahan, Es

AWARD NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between Name of Claimants Michael and Michel Schlup and 00-02234 Kansas City, Missouri Name of Respondent TD Waterhouse Investor Services, Inc. REPRESENTATION OF PARTIES Michael and Michel Schlup ("Claimants") were represented by John J. Miller, Esq., Overland Park, Kansas. TD Waterhouse Investor Services, Inc. ("Respondent") was represented by Miles D. Hart, Esq.,

NASD AWARD NASD Regulation, Inc. Office of Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Mary Valle 95-05380 Name of Respondents Josephthal Lyon & Ross Inc. n/k/a Josephthal & Co. Jesup, Josephthal Securities Co. Inc. JJC Securities Company, Inc. Name of Third-Partv Respondent Michael A. Valle REPRESENTATION Claimant Mary Valle ("Claimant"), by and through her daughter and legal guardian Delia Valle Stale

Arbitration & Mediation National Assooialion of Secunties Dealers. Inc. * NASD Finant;ial Center * 33 Whitehall Street * New York, NY 10004 * Fax 212-858-4429 Washington DC Satellite office at: 1735 K Street, NW - lOth Floor * Washington, DC 20006 * Fax 202-728-6952 N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECL'RITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Roy A. Nelson 95-05318 Name of Respondent M. Rimson & Co., Inc.

N.A.S.D. AWARD NATIONAL ASSOCUTION OF SECLTUTIES DEALERS In the Matter of the Arbitration Between Name of Claimant Thomas Hess ^5-05273 Name of Resoondents Seaboard Securities, Inc. Vincent A. Licata Name of Cro.ss Claimant Seaboard Securities, Inc. Name of Respondent Vincent A. Licata CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on November 11, 1995 Claimant Thomas Hess ('Claimant"),