N.A.S.D. AWARD NATIONAL ASSOCUTION OF SECURITIES DEALERS In the Matter of the Arbitration Between Names of Claimants James Grimes and William Maix 94-03368 Names of Respondents Gruntal&Co., Inc. Peter La Joie Laffer Warren Laffer Warren & Company, Inc. REPRESENTATION For Claimants James Grimes ("Grimes") and WUliam Marx ("Marx"): Jane A. Su-ak, Esq., of Jane A. Sirak & Associates, West Palm Beach, Florida. For Respondent Gruntal

NASD AWARD NATIONAL ASSOCIATION OF SECURITIES DEAI.ERS, INC. In the Matter of the Arbitration Between Name of Claimant J.A. Martin and 94-03352 Name of Respondent A.G. Edwards & Sons, Inc. REPRESENTATION OF PARTIES J.A. Martin ("Claimant") was represented by Gerald A. Smith, Jr., Esq. and James D. Bryant, Esq., Harlin & Parker, P.S.C., Bowling Green, Kentucky. A.G. Edwards & Sons, Inc. ("Respondent") was represented by Jeff Jamison, Esq., A.

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Claimant/Counterrespondent Kenneth Drake vs. Respondent/Counterclaimant Merrill Lynch, Pierce, Fenner & Smith and Scott L. Branson Case Number: 01-05210 Hearing Site: Houston, Texas REPRESENTATION OF PARTIES Claimant/Counter respondent, Kenneth Drake hereinafter referred to as "Claimant": H. Dale Langley, Jr. of the Law Firm of H. Dale Langley Jr., located Austin, Texas.

NATIONAL ASSOCUTION OF SECURITIES DEALERS AWARD In the Matter of the Arbitration Between Stacey Peck aka Esther Peck, Claimant, V. NASD No. 94-3351 Smith Barney Shearson and Lloyd Cohen, Respondents. Representation For Claimant: Stacey Peck aka Estiier Peck, pro se For Respondents: Madelyn Levy, Esq. of Smith Barney Shearson, New York, New York Case Information Statement of Claim filed: August IS, 1994 Claimant's Submission Agree

1 N.A.S.D. AWARD NATIONAL ASSOCL^-nON OF SECLTUTIES DEALERS In the Matter of the Arbitration Between Name of Claimant James A. Cunningham 94-03348 Name of Respondent Olde Discount Corporation Jay A. Wireman Greg C Naypaver CASE SUMMARY In a claim fUed with the National Association of Securities Dealers, Inc. on August 22, 1994, Claimant James A Cunningham (for Kara A. Cunningham), through his r^resentative , John S Dilts, Esq. of

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimantfs) Jonathan Zuckerman 94-03341 Name of Resnondentfs') Robert Todd Financial Corp. Thomas Holeva Kevin McCarthy REPRESENTA'nON For Claimant Jonathan Zuckerman ("Claimant") appeared Gerald E. Marcus, Esq. a sole practitioner located in Hamden, Conneticut. For Respondent Thomas Holeva ("Holeva") appeared Thomas M. Murtha,

NASD REGULATION, INC. AWARD In tiie Matter of tiie Arbitration Between Name of Claimant Charles W. Sullivan 94-03336 Name of Resiy^ivjlenty Robert Anthony Fitzner, Jr. Harold William Gorden RAF Financial Group VTR Capital, Inc. Name of Third-Partv Respondent Patrick Eugene Brake, Sr. REPRESENTA'nON For Claimant Charles W. Sullivan ("SuUivan") appeared John J. Witmeyer, III, Esq., of tiie law offices of Ford Mairin Esposito Wi

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Aibitration Between Name of Claimant Milton Berman 95-03329 Name of Resixjndents Stratton Oakmont, Inc. John Squeri James T. Kelly REPRESENTA-nON For Claimant Milton Berman ("Claimant") appeared Michael A. Levy, Esq., of the law firm of Levy & Schneps, P.C, located in Manhasset, New Yoik. For Respondents Stratton Oakmont, Inc. ("Stratton"), John Squeri ("S

NASD AWARD NASD Regulation, Inc. Office of Dispute Resolution In the Matter of the Arbitration Between Name of Claimant John J. Paleski 94-03328 Name of Restwndents Oppenheimer & Co., Inc. Jason N. Cinder REPRESENTATION Claimant John J. Paleski ("Claimant") was represented by Linda T. McCarthy, Esq., Frohling. Hudak & McCarthy, PC, Roseland, NJ. Respondents Oppenheimer & Co., Inc. ("Oppenheimer") and Jason Cinder ("Ginder") were represen

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Aibitration Between Name of Claimants Lmda A. Ramirez Joige I. Ramirez 94-03321 Piper Jaffray, Inc. Daniel H. BaU CASE STJMMARY In a claim filed with the National Association of Securities Dealers, Inc. on August 19, 1994, Claimant Linda A. and Jorge I. Bamirra, who appeared Pro Se, alleged that Respondents Piper Jaffray, Inc. ("PJ") and Daniel H. Ball ("Ball"