N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Wahid Kassar 95-02588 Names of Respondents Olde Discount Corporation James T. Stevenson REPRESENTATION Claimant Wahid Kassar ("Kassar") acted pro se. For Respondents Olde Discount Corporation ("Olde") and James T. Stevenson ("Stevenson"): David T. Doyle, Esq., of Old Discount Corporation, Detroit, Michigan. CASE INFORMATI

NASD AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Name of Claimant James P. Kornberg and 95-02510 Name of Respondent RAF Financial Corp. Robert Lee Long REPRESENTATION OF PARTIES James P. Kornberg ("Claimant") was represented by Christopher M. Sullivan, Esq., Boulder, Colorado RAF Financial Corp. ("Respondent RAF") and Robert Lee Long ("Respondent Long") were represented by Russell C.

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Ruth Freisinger Award No. vs. 95-02490 Name of Respondent Fidelity Brokerage Services, Inc. REPRESENTATION For Claimant, Ruth Freisinger ("Claimant") appeared Henry P. Apryasz, Esq. of the law offices of Jack S. Zakim, P.C. located in Glen Rock, New Jersey. For Respondent Fidelity Brokerage Services t/a Fidelity Investments D

NASD REGULATION. Inc. AWARD In the Matter of the Arbitration Between Name of Claimants Priscilla and .feremy Woods Name of Respondents Kidder. Peabody & Co., Incorporated Mark R, Serruto 95-02487 REPRESENTATION For Ciaimants Priscilla and Jeremy Woods ("Claimants") appeared Joyce Shulman, Esq. of counsel to the firm Fritz & Miller, located in New York, N.Y. For Respondenls Kidder, Peabody & Co., Inc.("Kidder") and Mark R. Serruto ("Serruto"),

AWARD NASD REGUI.ATION INC., OFFICE OF DISPUTE RESOLUTION In the matter of the Arbitration Between Native of Claimanl Howard A. Fredericks and Florence G. Fredericks V. Arbitration No. 95-02470 Name of Respondents MC Financial Corporation: Mesa Financial Group. Inc.: Wilshire Discount Securities. Inc.: Thomas F. White & Co.. Inc.: Robert Scott Securities. Inc.: Don VIcNeiil: Robert C. Coady: Gene Roach: D. Fdward Carcelli; and Robert W. Fergus

NASD AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC In the Matter of the Arbitration Between Name of Claimants Robert Lodes Janet Lodes and NASD Case Number: 95-02468 Name of Respondents Mark Zitzelberger Centennial Financial Services, Inc. The Centennial Group, Inc, State First Financial, Inc. REPRESENTATTON OF PARTIES Claimants Robert and Janet Lodes were represented by Anthony V. Trogan, Jr., Esq. of Weisman, Trogan,

MAY.18.1998 ll:22flM NfiSD REGULATION FL NO.579 P.7 N.A.S.D. AWARD NASD Rcigulation, Inc. Office of Dispute Resolution In the Matter of the Arbitration Between Names of Claimants Sylvia Bennan Lance Bennan Hope Berman 95-02429 Name of Resnondent Merrill Lynch Pierce Fenner & Smidi, Inc. For Qaimants: Sanford S. Kantor, Esq. of Kantor & Kantor, New York, New York. For Respondent: Keith Olin, Esq, of Morgan Lewis & Bockius, Miami, Florida.

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name nf the Claimant Pase Number- 01-06385 Freddie R. Jones, Sr. Name of the Respondent T-Tearing Site: Baltimore, Maryland American Express Financial Advisors, Inc. REPRESENTATION OF PARTIES Claimant Freddie R. Jones, Sr., hereinafter referred to as "Claimant", was represented by Earnest P. Francis, Attorney at Law, Arlington, Virginia. Respondent American Express Financial

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Testrite Instrument Company, Inc., P.S.P 95-02415 Name of Respondents Merrill Lynch, Pierce, Fenner & Smith Inc. Mitchell Slater For claimant Testrite Instrument Company, Inc., P.S.P ("claimant"), appeared Andrew Rubin, Esq., a solo practitioner, located in Bloomfield, New Jersey. For respondents Menill Lynch, Pierce, Fenner & Sm

N.A.S.D. REGULATION AWARD In the Matter of the Arbitration Between Name of Third-Party Claimants Lew Lieberbaum & Co., Inc. Mark I. Lew Sheldon Jay Lieberbaum 95-02413 Name of Third-Partv Respondent Victor T. Duque REPRESENTATION For Third-Party Claimants Lieberbaum & Co., Inc. ("LLC"), Mark I. Lew ("Lew") and Sheldon Jay Lieberbaum ("Lieberbaum") appeared Lawrence Sandor, Esq. in-house counsel for Lew Lieberbaum & Co., Inc. Third-Part