/ . / y ^ New York Stock Exchange In the Matter of Arbitration Between NYSE Case: Prudential Securities Inc. v. Arthur Shinensky Attorneys:.- For Clainnnt(s): Gerakl Kowalski Esq. - New York, NY Fbr Respondenl(s): Philip M. Chiappone Esq. - New York, NY Date Filed: 02/26/93 First Scheduled: 04/28/94 Decided: A Case Summary: Member firm claims registered representativa defaultsd in repayment of a promissory nota based on

New York Stock Exchange In tbe Matter of Arbitration Between NYSE Case: Alena Fowtor v Dean Wilier Reynokls and Rupert Crawford Atiomsys: For ClirinMnl(4: Mietwto Varctitok Cwnbria Esq - Wastfiskl, NJ For RMDondanNt): EKzabalh Hi Esq. - New York, NY Date Fiied: 12/31/83 First Scheduled: oft/12/94 Dacided: oi/ia/»5 Case Summary: Claimani alogas ttiat ftespondents purchased unsuitable sacuriiiaB for Claimant's account. Product: BONDS

New York Stock Exchange In the Matter of Arbitration Between NYSE Case: Helen 0. McMaster v Marilyn 0. Carter-Larson, Shearson Lehman Brothers, Inc. and Smith Barney Shearson Attorneys: For Clainiant(s): Margaret M. Prahl Esq. - Sioux City, 10 For Respondent(s): James S. Goddard Esq. - New York, NY Date Filed: 11/16/93 First Scheduled: 03/22/95 Decided: 12/21/95 Case Summary: Claimant alleges respondent misrepresented and failed to disct

u/ New York Stock Exchange In the Matter of Arbitration Between NYSE Case: Mnhael J. Swan, Receiver of Aikendale Associates; Robert Merlin and Jack D. Burstein v PaineWebber Inc., and Stephen /Mien Attorneys: For Claimant(s): Donato R. Bradford Esq. - Tulsa, OK A. Daniel Woska Esq. - Oklahoma City, OK FoK Respondent(s): Thomas M. Ladner Esq. - Tulsa, OK John T. Schmklt Esq. - Tulsa, OK Date Filed: 11/01/93 First Scheduied: O6/21/94

New York Stock Exchange In the Matter of Arbitration Between NYSE Case: Toni McBurney vs. Smith Barney Shearson and Julia Chiu Attorneys: For Clainiant(s): Morgan W. Bentley Esq. - Newark, NJ For Respondenl(s): William A. Hohauser Esq. - New York, NY Date Filed: 11/01/93 First Sctieduled: 06/02/94 Decided: 02/1 s/95 Case Summary: Customer vs. Member Firm and Registered Rep alleging Respondents engaged in highly speculative and risky nake

New York Stock Exchange In the Matter of Arbitration Between NYSE Case: Barry F. Cohen, Phyllis T. Cohen, Disc Communications Ltd., Disdncentive Sales Corp., and Barcone Associates Pensnn Plan v. Smitti Barney Shearson, Shearson Lehman Brothers, Inc., Shearson/American Express, Inc. Attorneys: For Clain»nt(s): Jared B. Stamell Esq. - New York, NY For Respondent(s): Christine Tracy Esq. - New York, NY Date Filed: 10/28/93 First Scheduled: 09/

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Names of Claimants Thomas Spybrook Irene Spybrook, and Barbara Spybrook. and 01-04516 Southfield, Michigan Names of Respondents First Albany Corporation Eisner Securities, Inc. Daniel S. Pikula REPRESENTATION OF PARTIES Thomas Spybrook, Irene Spybrook, and Barbara Spybrook ("Claimants") were represented by Anthony v. Trogan, Esq., West BJoomfield, Michigan

New York Stock Exchange In the Matter of Arbitration Between NYSE Case: Jamas E. Murphy v. Gruntal & Co. Attorneys: For ClainHHil(s): William G. Waktau Esq. - Darien. CT Fbr Respondents): DavkJ R. Rappaport Esq. - Naw York, NY Date Filed: io/i8/93 Case Summary: customer v. M6fnb6r Firm • First Scheduled: 03/31/94 Decided: 2/14/95 - claimant alleges unauthorized trades in retirement account, churning and unsuitability. Product

New Yorit Stocit Exchange In the Matter of Arbitration Between NYSE Case: Norma Joan /\znavoorian v Prudential Securities, Inc. and Margaret Maul Attorneys: For Clain)ant(s): Roger M. Schrimp Esq. - Modesta, CA For Respondnnt(s): Gilbert R. Serota Esq. - San Francisco, CA Date Fileo: 10/O6/93 First Sctieduled: 06/21/94 Decided: 7/10/95 Case Summary: claimant, a customer, has alleged that respondents engaged in unsuitable trading and chur

New York Stock Exchange In the Matter of Arbitration Between NYSE Case: Rauscher Pierce Refsnes, Inc. v Mark Platt Attorneys: For Clainianl(s): Bruce W. Collins Esq. - Dallas, TX Fbr Respondents): J. Michael Weston Esq. - Dallas, TX Date Filed: 10/01/93 First Sctieduled: 05/10/94 Decided: 02/01/95 Case Summary: Respondent was prevnusly emptoyed by Claimant and Ctaimant advanced Respondent a promissory note to be forgiven over a four