NASD AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Name of Claimant Irene Larsen and Case Number 95-05253 Names of Respondents B.C. Christopher, a Division of Fahnestock & Company, Inc. and Randall J. Bmegman REPRESENTATTON OF PARTTES Irene Larsen ("Claimant") was represented by Rodney K. Vincent, Esq. of Vincent Law Offices located in Omaha, NE. B.C. Christopher, a Division of Fahnestock & Com

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant T. D. Penland 95-05220 Name of Respondent Merrill Lynch Pierce Fenner Sc Smith, Inc. REPRESENTATION For Claimant: Philip J. Snyderbum, Esq. of the law fum of Snyderbum, Rishoi & Swann, Winter Park, Florida For Respondent: Julie E. Fox, Esq. of the law firm of Ackerman, Link & Sartory, West Palm Beach, Florida CASE INFORMA

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECUIUTIES DEALERS In the Matter of the Arbitration Between Name of Claimant J.W. Charles Securities Inc 95-05217 Name of Respondent Randall J. Hooper CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on November 6, 1995 Claimant J.W. Charles Securities Inc. ("JWCS"), through its representative and in-house counsel, Gregory Tendrich, alleged that Respondent Randall J.

NASD Arbitration No. 95-05214 N.A.S.D. AWARD NATIONAL ASSOCL\TION OF SECURITIES DEALERS. INC. In the matter of the Arbitration Between Name of Claimants Farideh Zandi and Kasra Sadr Name of Respondent Charles Schwab & Co., Inc. REPRESENTATION For Claunant: Thomas Brodie, Esq. Attomey At Law Glen Rock, New Jersey For Respondent: Mark Drooks, Esq. Bird, Marella, Boxer, Wolpert & Matz Los Angeles, Califomia CASE INFORMATION

N.A.S.D. AWAIU) NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the matter of the Arbitration Between Name of Claimants Kasra Sadr and Farideh Zandi V. Name of Respondent Accutrade, Inc. RECEIVED iW - 3 1996 NASD-AIIBIIRAriONMfDMTIflN NASD Arbitt-ation No. 95-05213 For Claimants; For Respondent: ItEPItESENTATTON Thomas P. Brodie, Esq. Glen Rock, New Jersey Patrick B. Griffm, Esq. Kutak Rock Omaha, Nebras

AWARD NASD Regulation, Inc. Office of Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Ethel E. Gerard, Barbara E. Hogg, Individually and as Custodian for Ryan S. Hogg, Kyna M. Hogg and Jodee L. Hogg and 95-05211 Name of Respondent Dain Bosworth, Incorporated and Robert A. Skillestad REPRESENTATTON OF PARTIES Ethel E. Gerard, Barbara E. Hogg, individually and as custodian for Ryan S. Hogg, Kyna M. Hogg and Jodee

NASD REGULATION AWARD NASD REGULATION, INC., OFFICE OF DISPUTE RESOLUTION In the Matter of the Arbitralion Between Name of Claimants Gurcharan/Guishan/Simrana/Harjyot Singh 95-05205 Name of Respondent New England Securities Corp. Amn K, Misra Life, USA REPRESENTATION Claimanls Gurcharan Singh, Simrana Singh and Harjyot Singh ("Claimants") were represented by Gurcharan Singh. Respondent Amn K. Misra ("Respondent") represented himself.

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Gene Hines, Claimant v. Merrill Lynch Pierce Fenner & Smith, Inc., Respondent Case Number: 01-06397 Hearing Site: Los Angeles, California REPRESENTATION OF PARTIES For Claimant: Ryan K. Bakhtiari, Esq. Keith D. Fraser, Esq. Law Offices of Aidikoff & Uhl Beverly Hills, California For Respondent: Garrett K. Craig, Esq. Sidley Austin Brown & Wood Los Angeles, California

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Donald Raphael 95-05201 Name of Respondents Aegis Capital Corp. CASE SUMMARY In a claim filed with the National Association of Securilies Dealers, Inc. on November 2, 1995, Claimant Donald Raphael ("Claimant"), who appeared Pro Se, alleged that Respondents Aegis Capital Corp. ("ACC") agreed, in the settlement of a prior undisclos

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the matter of the Arbitration Between Name of Claimants Bahram Mohit, M.D. and Muni Mohit V. Name of Respondents Baraban Securities, Inc. and Donald Bizub NASD Arbitration No. 95-05195 For Claimant: For Respondent: Statement of Claim filed: TtEPRESENTATTON Timothy D. McGonigle, Esq. Ruben & McGonigle Los Angeles, Califomia Robert A. Uhl Law Offices o