N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Lew Lieberbaum & Co., Inc. Award No. vs. 94-04961 Name of Respondent Kevin Spinelli REPRESENTATION For Qaimant, Lew Lieberbaum & Co., Inc. ("Claimant"), Lawrence P. Sandor, Esq., of Garden City, New York. There was no appearance by or on behalf of Respondent Kevin Spinelli ("Respondent") (See other Issues Considered and

N.A.S.D. AWARD NATIONAL ASSOCL\TION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Lesa Egen 94-04955 Name of Resoondents F.N. Wolf & Co. (In Bankruptcy) Christopher M. Finan Michael P. Dunn Michael W. Findiing RAF Financial Corp. DMG Securities, Inc. CASE SUMMARY In a claim filed widi the National Association of Securities Dealers, Inc. on November 23, 1994. Claimant Lesa Egen, who appeared P

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECinUTIES DEALERS In the Matter of the Arbitradon Between Name of Claimant J. Richard Jeck 94-04952 Nfime of Resoondents Dean Witter Reynolds Inc. NWQ Investment Management Company CASE SUMMARY In a claim filed with the National Association of Securities. Dealers, Inc. on November 23, 1994, Qaimant S. Richards Jeck ("Qaunant"), who appeared Pro Se, alleged that Respondents Dean Witter Reynolds Inc.

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURmES ...^RAT-ERS. INC. In the matter o. the Arbitration Between Name of Ciaimams Dennis M. Nakamura NASD Arbitration #94-04947 vs. Name of Respondents First Affiliated Securities Josephthal Lyon & Ross REPRESFNTATTON Claimam represented himself. For Respondent First Affiliated Securities: Jonathan E.S. Bekhor, Beverly Hills, Califomia For Respondent Josephthal Lyon & Ross: Robert E. Murp

N.A.S.D. AWARD MATIOMAL ASSOCIATION OF SECURITIES DEALERS In the Hatter of the Arbitration Between Name of Claimant Alex. Brown & Sons Incorporated 94-04943 Name of Respondent Jason MacKenzie Seciurities, Inc. REPRESEMTATIOM Claimant Alex Brown & Sons, Inc. ("Claimant") was represented at the hearing by James M. Martin, Compliance Director, Capital Markets, Alex Brown & Sons, Inc., Baltimore, MD Respondent Jason MacKenzie Securities, Inc

NASD AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Name of Claimant Hamilton Investments, Inc. and 94-04941 Name of Respondent Melvm McReynolds REPRRSRNTATinN OF PARTIES Hamilton Investments, Inc. ("Claimant") was represented by Michael A. Kraft, Esq., Gomberg Kahe & Fischer, Ltd., Chicago, Illinois. Melvin McReynolds ("Respondent")did not appear at the hearing. CASE INFORMATION The S

N.A.S.D. AWARD NATIONAL ASSOCIA'nON OF SECURITIES DEALERS In the Matter of the Arbiuation Betwera Name of Qaimant Gerald F. and Mary T. Heagney 94-04939 Name of Respondent David Lemer Associates CASE SUMMARY In a claim filed with the National Association of Securities E)ealers, Inc. on November 23, 1994, Qaimants Gerald F. and Mary T. Heagney ("Qaunants"), who appeared Pro Se, alleged that Respondent David Lemer Associates ("Respondent"), th

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Kenneth Yue, Claimant Vs. Case Number: 01-04335 Quick & Reilly, Inc., and Martha J. Steimel, Respondents. Hearing Site: Louisville, Kentucky REPRESENTATION OF PARTIES Claimant Kenneth Yue ("Claimant") represented himself. Respondent Quick & Reilly, Inc. ("Quick & Reilly"), was represented by Peter Byer of Quick & Reilly, New York, New York. Thomas Naylor served a

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Ar-Ning Hu 94-04935 Name of Respondent Sheng Ping Feng Suppes Securities, Inc. Name of Cross Claim Claimant Shoig Ping Feng Name of Cross Claim Respondent Suppes Securities, Inc. CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on November 22, 1994, Claunant Ar-Ning Hu ("Qa

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Namtgfglaiimnt Charter Township of Indq)endence 94-04932 NamenfRcsnondente Westcap Securities Management, Inc.; Westcap Securities L.P.; National Western Life Insurance Co.; Ciaig^Leihold; JefEcey D; Getting REPRESENTATTON For Claimant: Charter Township of Independence, Michigan ("Charter Township") was represented by Roger K. Timm,