AMERICAN STO'"- 43.XCHANGE IN THE MATTER OF AA. ITRATION BETWEEN Nathan Wexler v. Shearson Lehman Hutton •^ ^ ^ ' 2 - 1 VTE FILED: 7/12/88 FIRST SCHEDULED 11/29/89 DECIDED 11/29/89 ^SE SUMMARY: * ^ii.»< -cim«»T- v. member dispute involving bonds. UAIMANT'S INITIALS SSSIONS; f^a^iL RESPONDENT'S THIRD PARTY'S INITIALS M AND AWARD DATA: UAIM $36.250.00 JNITIVE TTY PEES EPOSIT _ OSTS N/A

AMERICAN STOCK IN THE MATTER OF ARBT ETWEEN •ASE • WILLIAM E. HUTT v- SHEARSON LEHMAN HUTTON INO^ AND ALLEN HINl^fl )ATE FILED: Tnn fl, 10°° FIRST SCHEDULED tSost 9, 1 SBq DECIDEDMnv. 29. 19B9 :ASE SUMMARY:* Customer v. member dispute. Claimant alleges unauthorized opti trading in his account. Claimant has, requested attorney fees. ..j-T' f^ .->.-- Out/ Ai2>.T/oA^A/ -73^-^7^v< j ^ % / ^ ^ g^uc^S 7 < : i- -o^^^, CLAIMANT•S INIT

A^ -AN STOCK EXCHANGE IN THE VL.- ilR OF ARBITRATION BETWEEN .i£: ifWTT.T.A SCHIFTER V. ICAHN & CO. , COWEN & CO. AND SPEAR LEEDS 6 KELLOGG V. CRT OPTIONS it^^^' iV )ATE FILED: Vf»)p- 3. 1988 FIRST SCHEDULED Sept. 8. 1988 DECIDED Npv- 28, 198 :ASE SUMMARY:* Customer V. member dispute. Claimant alleges broker failed o follow order to purchase XMI calls. Speoialist failed to maintain a faij: nd orderly market. C^...^^^ V,^,.hr> ^ve

AMERICAN STOCIC E»C>fAnal^ IN THE MATTER OF ARBITKA'A -.ttTWEEN ^^•E . ANDREW SUINER V. TH3M30N McKLNWON SECURITIES INC.& ARNOIP AND STMJIgY lECERi'iAN ATE FILED: Naveariaer 17, 19B8 piRST SCHEDULED October 26, 1989 DECIDED November 2-;. lijge lASE SUMMARY;* Custcmar v. member dispute. Claimant alleges misrepresentation and neqliqence in the handling of his acoaunts and requests additional sums (profit) to be determinad by the arbitrators. Respondents are r

AMERICAN STOCK EXC .GE IN THE MATTER OF ARBITRATION BETWEEN VSE! VTE FILED: CAROLE LANG V. OFPENflEIMER & CO. , & HASKELL ISRAEL ^^^-/c. • 1/20/89 VSE SUMMARY:* _ 5"IRST SCHEDULED 10/24 /"a9 DECIDED 10/24/89 Customer v. member arbitration. Customer alleges churning, negligence and mismanagement of her account. liAIMANT' S INITIALS SSSIONS: 1 & 2 ^ ^ RESPONDENT'S X^ THIRD PARTY'S INITIALS CAIM AND AWARD DATA:

AMERICAN STOCK EXCHANGE IN THE MATTER OF ARBITRATION BETWEEN -.SI ^TE FILED; Robert Ainbinder & Co.. and ^< S^-^IS^ 6/6/89 FIRST SCHEDULED 10/20/89 DECIDED ip/yn/HQ -..SE SUMMARY: * Mombar V Mamh>.T- aTrh< i-T-ation.—Claimant ,flllegeB respor\4ept. ofaultod OR a promissory note. : ^ .AIMANT'S INITIALS •ISSIONS: RESPONDENT'S THIRD PARTY'S INITIALS .AIM AND AWARD DATA: \IM $44.750 •NITIVE :TV FEES -POSIT N/A

AMERICAN STOCK EXCHANGE IN THE MATTER OF ARBITRATION BETWEEN FRANK MASHUDA V. PRUDENTIAL-BACHE SECURITIES INC. ^^1'IH- ATE FILED: July 29, 1988 FIRST SCHEDULED August 17, 1989 DECIDED October 10,1989 ASE SUMMARY:* Dispute involves 2 XMZ option transactions. Claimant illeqea that his option transactions were not executed and that he was •^qt charged the correct price. LAIMANT'S INITIALS SSSIONS: 1 & 2 RESPONDENT'S ^ ' S ^ THIR

Award NASD Dispute Resolution, Inc. In the Matter or me Arbitration between: Name of the Claimant Travis V. Owens, IRA Names of the Respondents Morgan Stanley Dean Witter, Inc. Joshua Weber Victor J. Ferrugia Case Number: 01-03368 Hearing Site: Atlanta, Georgia REPRESENTATION OF PARTIES For Travis V. Owens, IRA ("Owens"), hereinafter referred to as "Claimant": Travis V. Owens. For Morgan Stanley Dean Witter, Inc. ("Morgan Stanley

AMERICAN STOCK EXCHANGE IN THE MATTER OF ARBITRATION BETWEEN lirtomer v. Member Small Claims ,'SE : w- PQPTP.w nonfiON v. INVESTORS CO. . LAWRENCE F. TRAINOR, SPEAR LEEDS & KELLOGG AND MERRILL LYNCH, PIERCE, FENNBR & SMITH, INC. .TE FILED: in/2Q/qa .SE SUMMARY; * FIRST SCHEDULED H«.aT^^T^g Waived DECIDED in/in/HQ ,AIMANT'S INITIALS SSIONS: W/A M/A. RESPONDENT'S M/A THIRD PARTY'S INITIALS M/A AIM AND AWARD DATA: AIM S9.500.00

AMERICAN STOCK EXCHANGE IN THE MATTER OF ARBITRATION BETWEEN CASE: Janney Montgomery Scott v. V.L.D. and Larry Polatchek DATE FILED: 1 /TB/89 CASE SUMMARY:* FIRST SCHEDULED 9/25/89 DECIDED 10/5/89 Member v. "member dispute. Claimant alleges Respondent failed to pay commission bills. : ^ CLAIMANT•S INITIALS SESSIONS: 1 RESPONDENT'S THIRD PARTY'S INITIALS CLAIM AND AWARD DATA: CLAIM $3,225.00 PUNITIVE ATTY FEES