NASD REGULATION, INC. AWARD In the Matter of the Arbitration Between Name of Claimant Adi Cetinski vs. Case No. 97-01534 Name of Respondents PC Financial Network Donaldson, Lufkin & Jenrette Securities Corporation REPRESENTATION Claimant Adi Cetinski ("Claimant") appeared pro se. For Respondents Donaldson Lufkin & Jenrette Securities Corporation ("DLJ") and PC Financial Network ("PC") appeared David J. Campbell, Esq., Senior Vice Pre

NASD Regulation, Inc., Award In the Matter of Arbitration Between Maureen M. Daley, Claimant, and No. 97-01514 John R. Whitlow, James M. Riccolo, The Equitable Life Assurance Society of the United States, Equico Securities, Inc., a/k/a EQ Financial Consultants, Inc., and Central Illinois Financial Services, Respondents. REPRESENTATION OF PARTIES Claimant, Maureen M. Daley ("Daley") was represented by Mark E. Maddox, Esq., of Maddox K

flUG.18.1998 10:57flM NftSD BOCfl NO.014 P.8 N.A.S.D. AWARD NASD Regulation, Inc. Office of Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Guernsey Cline 97-01512 Names of Respondents Hftnifoii, Ijnhoff, Inc. Richard Frank Dambakly REPRESENTATION For Claimant: Pelmer C. Gowing, m, Esq. of Detmer C. Cowing, HI, P.A., Ddray Beach, Florida. For Respondent Hanifen, fcnhoff, Inc. ("HanJfen*): Donald Satelto, Esq.

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between NflTtlfi 0^ Claimant Howard Goldstein and David Borinsky, as Trustees on behalf of The Craig Fadem Electing Small Business Trust Case No. 00-01 897 Ferris, Baker Watts, Inc. Gilbert A. Kuta Marianne Billek-Kuta Hearing Site- Baltimore, MD RF.PPflSF,NTATTnN OF Claimant Howard Goldstein and David Borinsky, as Trustees ('Trustees") on behalf of The Craig Fadem

AWARD NASD Regulation, Inc. In the Matter of the Arbitration Between Name of Claimants Carl Boles, Raymond Stoltz, Christine Correll, Peter Marinkovich, Jay Muehlenkamp, Glenn Boles, Angie Boles and David Destefano and 97-01510 Name of Respondent Monroe Parker Securities, Inc., Tom Christensen, Kenneth Englebourg, Neil Flamer, Alan S. Lipsky, Bryan Jay Herman, Alexei Kang Lee, Ralph Angeline, Jeffrey Logel, Richard Levitov, ATL Holding C

u NASD REGULATION, INC. AWARD In the Matter of the Arbitration Between Name of Claimant Nick Franco 97-01502 Name of Respondent Bear Stearns & Co, Inc. REPRESENTATION For Claimant Nick Franco ("Claimant") appeared Thomas J. Hanrahan, Esq., a sole practitioner with offices located in Glen Rock, New Jersey. For Respondent Bear Stearns & Co., Inc. ("Respondent") appeared Arthur D. Felsenfeld, Esq., of the law firm Andrews & Kurth LLP, l

N.A.S.D. REGULATION AWARD NATIONAL ASSOCIATION OF SECURTTTfffi frfift^fiRS REGULATION. INC, CASE: 97-01500 Olde Discount Corporation, claimant vs. Cathie Goff Knoll, respondent. ATTORNEYS: For Claimant appeared in-house counsel, Robert S. Anderson, Esq., Detroit, MI. Respondent Cathie Goff Knoll did not respond to the Statement of Claim. DATE PILED: March 25, 2997 CASE SUMMARY: Claimant alleged that respondent failed to remit the amount overpaid reg

N.A.S.D. REGULATION AWARD NATIONAL ASSOCIATION OF SECURTTTflS DEftfcpttg ftEfflfl AITON. INC. CASE: 97-01495 Merrill Lynch, Pierce, Fenner & Smith, Inc., claimant vs. Carver J. Holmes, respondent. ATTORNEYS: For Claimant appeared, Suzanne S. Killian, Esq., of the firm, Ogden, Gibson, White & Broocks, L.L.P., Houston, TX. Respondent Carver J. Holmes did not respond to the Statement of Claim. DATE FILED: Maxell 25, 1997 CASE SUMMARY: Claimant alleged

AWARD NASD REGULATION. IMC.. OFFICE OF DISPUTE RESOLUTION In the matter of the Arbitration Between Name of Claimantfs) Daniel J. Strizic and Daniel J. Strizic as custodian for Rachel N. Strizic and Danielle M. Strizic Arbitration No. 97-01490 Name of Respondent(s) Piper Jaffray Inc. Thomas J. O'Neill REPRESENTATION For Claimant: Roger W. Prickle, Esq., Edwards Law Firm, LTD. , Billings, Montana For Respondents: Brian S. H

NASD REGULATION, INC. AWARD In the Matter of the Arbitration Between Name of Claimant Sally C. Stout Case No. vs. 97-01486 Name of Respondents Oppenheimer & Co., Inc. Nile J. Steigerwald REPRESENTATION Claimant Sally C. Stout ("Claimant") appeared pro se. For Respondents Oppenheimer & Co., Inc. ("Oppenheimer") and Nile J. Steigerwald ("Steigerwald"), collectively referred to as "Respondents", appeared Joseph Sullivan, ID, Esq., of the fi