New York Stock Exchange In the Matter of Arbitration Between NYSE Case: Roberta Prunieras v. Merrill Lynch, Pierce, Fenner & Smith Incorporated Attorneys: For Claimianfs): Roberta Prunieras - Pato AHa, CA For Respondenfs): Peter R. Boutin Esq. - San Francisco, CA /W Date Filed: 02/10/94 First Scheduled: 10/05/94 Decided: // Case Summary: Customer against member firm for failure to disclose risks associated with purchase of ML Medto O

Vew York Stock Exchange m the Matter of Arbitration Between NYSE Case: Hassan Abrishamian v Prudential Securities. Inc. and Shahrokh Nikkhah Attorneys: l=or Clainnnfs): Robert D. Wagman Esq. - Washington, DC For Respondenfs): Marshall H. Fishman Esq. - New York. NY Marshall E. Hanbury Esq. - Chicago, IL Date Filed: 08/04/92 First Scheduled: 10/03/94 Case Summary: aaimant alleges respondents acted without authorization in Product: OPT

Award NASD In the Matter of the Arbitration Between: Name of Claimant Gail O'Brecht Names of Respondents Morgan Stanley DW, Inc. Raymond James & Associates, Inc. Elizabeth Howarth Case Number: 01-04576 Hearing Site: Tampa, Florida REPRESENTATION OF PARTIES For Gail O'Brecht ("Claimant"): Nicholas J. Taldone, Esq., Law Offices of Nicholas J. Taldone, Clearwater, Florida. For Morgan Stanley DW, Inc. ("Morgan Stanley") and Elizabeth

New York Stock Exchange In the Matter of Arbitration Between NYSE Case: Hazel Silverberg and Stanley Silverberg v. AG. Edwards & Sons, Inc. and Peter W. DeGiralamo Attorneys: For Ctoiniant(s): Hazel Silverberg - Westfield., NJ For Respondent's): Willtom S. Port Esq. - St. Louis, MO Date Filed: 02/28/94 First Sctieduled: 05/16/94 Decided: 05/19/94 Case Summary: claimants, public customers, allege respondents, a member firm and registered

New York Stock Exchange NYSE In the Matter of Arbitration Between Case: James R. Cooney and Dorene R. Cooney v. Sutro & Company Attorneys: For Ctoimant(s): James R. Cooney - Cincinnati, OH For Respondent's): Abe L.ampart Esq. - San Francisco, CA Date Filed: 02/08/94 First Sctieduled: 07/01/94 Decided: 07/05/94 Case Summary: ctoimants, public customers, alleges respondent, a member tirm, misrepresented the call date of municipal bonds issued by T

y New York Stock Exchange In the Matter of Arbitration Between NYSE Case: George Mantakounis vs. Smith Barney Shearson Attorneys: For Claimants); George Mantakounis - Springftokl, PA Fbr Respondent's): Elton Slipp Esq. - New York, NY Date Filed: 02/03/94 First Sctieduled: O8/22/94 Decided: 09/27/94 Case Summary: Customer vs. Member Firm altoging respondent faitod to sell commodittos and ctose account as requested. Claimant altoges

7)», Y^ New York Stock Exchange In the Matter of Arbitration Between /y^ NYSE Case: Roger D. Gaddis v Edward D. Jones & Company Attorneys: For Ctoiniant(s): Bruce W. Day Esq. - Oklahoma City, OK For Respondent's): J.W. Coyto, III - Oktohoma City, OK Date Filed: 02/14/94 First Scheduled: 07/19/94 Decided: 12A)I/94 Case Summary: Registered Representative alleges Respondent filed customer complaints on the Central Registration D

Sew York Stock Exchange In the Matter of Arbitration Between NYSE Case: Eva Boitai v Arthur Barafay and Merrill Lynch, Ptorce, Fenner A SmHh, Ine. Attorneys: For ClaimMl(s): Eva Bottai - Tamarac, FL For OeapondenUi): Samuel A. Turvey Eaq. New York, NY Date Filed: 02/i4/84 First Scheduled: 8/17/94 Decided: 08/23/94 Case Summary: aaimant aUeges unsuaabto investment in limited partnership in an IRA account, miarapreaantalion ragardi

o- New York Stock Exchange In the Matter of Arbitration Between NYSE Case: Mark and Patriae Streich v Bear. Stearns & Co. Attorneys: For Claimantts): William A. Jacobson Esq. - Providence. RI For Respondent(s): Gregory J. Giornelli Atlanta. GA Paul Stivers - Esq. - Atlanta. GA Oate Filed: 02/01/94 First Scheduled: 00/23/94 Decided:, Q/_^g/g. Case Summary: Claimant alleges misrepresentation, unsuitabto trades in specutotiv

New York Stock Exchange In the Matter of Arbitration Between NYSE Case: Smith Barney Shearson v Carol Wager Attorneys: For Claimant(s): Edward Gioella Esq. - New York. NY For Respondent(s): Carol Wager - No. Brunswick, NJ Date Filed: 02/23/94 First Sctieduled: 11/07/94 Decided: 11/07/94 Case Summary: claimant, a member firm, has alleged that respondent customer has failed to pay for a debit balance as a result of having failed to pay