N.A.S.D. REGULATION AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS REGULATION, INC. CASE: 99-03833 Olde Discount Corp., claimant vs. Daniel K. Talley, respondent. ATTORNEYS: For Claimant Olde Discount Corp. ("Claimant"), Aaron L. Kleid, Esq., Staff Attorney, Olde Discount Corp., Detroit, Michigan. Respondent Daniel K. Talley ("Respondent") did not respond to the Statement of Claim. DATF FILED: 08/20/1999 CASE SUMMARY: Claimant alleged that on Nove

Award NASD Regulation, Inc. In the Matter of the Arbitration Between Name of Claimant Alice T. Blow Case No. 98-04158 Name of Respondent Merrill Lynch Pierce Fenner & Smith Inc Hearing Location: Richmond, VA REPRESENTATION OF PARTIES Claimant Alice T. Blow ("Claimant") was represented by Brian C. Parker, Esq. of the law firm of Parker, Dumler & Kieley, LLP, Baltimore, MD. Respondent Merrill Lynch, Pierce, Fenner & Smith, Inc. ("Responden

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitiration Between Name of Claimant Barry F. Steinman Case No. 98-04152 Name of Respondents LMP Hedge Fund LP LMP Hedge Fund LLC L. Michael Parrish Joseph J. Hruban REPRESENTATION OF PARTIES Claimant, Barry F. Steinman ("Claimant") was represented by Merrill G. Davidoff, Esq., and Eric L. Cramer, Esq., of the law firm of Berger & Montague, P.C, Philadelphia, Pennsylvania

N.A.S.D. REGULATION AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS REGULATION. INC. CASE: 98-04149 GKN Securities, Inc., claimant vs. Bmce Younger, respondent. ATTORNEYS: Claimant GKN Securities, Inc., appeared through its Director of Litigation, Katherine Nathan, New York, New York. Respondent Bruce Younger did not respond to the Statement of Claim. DATE FILED: 11/04/1998 CASE SUMMARY: Claimant alleged that Respondent entered into an Association

Award NASD Regulation, Inc. In the Matter of the Arbitration Between: The Thomwater Company, L.P., (Claimant) vs. Gregory S. Keller, (Respondent). Case Number: 98-04147 Hearing Site: New York, New York REPRESENTATION OF PARTIES Claimant The Thomwater Company, L.P., "Claimant": Eric Rosenberg, Esq., Ziegler, Ziegler & Altinan LLP, New York, New York. Respondent Gregory S. Keller "Respondent" did not enter an appearance in this matter. CASE INFORMATIO

Award NASD Regulation, Inc. In die Matter of the Arbitiration Between Name of Claimant PNC Brokerage Corp. Case No. 98-04145 V. Heariiig Location: Philadelphia, PA Name of Respondent Walter J. Shemanski REPRESENTATION OF PARTIES Claimant PNC Brokerage Corp. ("Claimant") was represented by Thomas K. Lammert, Jr., Esq. from Pittsburgh, Pennsylvania. Respondent Walter J. Shemanski ("Respondent") represented himself. CASE INFORMATION

AWARD NASD Regulation, Inc. CASE: 98-04142 Leonard Isemonger, claimant vs. Redstone Securities, Inc., respondent. ATTORNEYS: For claimant Leonard Isemonger appeared Marc J. Ross, Esq., of die firm, Sichenzia, Ross & Friedman, LLP, New York, NY For respondent Redstone Securities, Inc., appeared Charles M. O'Rourke, Esq., Garden City, NY DATE FILED: 11/04/1998 CASE SUMMARY: Claimant alleged mismanagement and failure to properly execute buy/sell

Award NASD Regulation, Inc. In the Matter of the Arbitration Between Name of Claimants Willem & Cornelia van Bakel, Trustees for die Van Bakel Revocable Living Tmst vs. Case No. 98-04141 Name of Respondents Merrill Lynch Pierce Fenner 8L Smidi, Inc. Douglas S. King Roland J. Pennell Barry G. Skolnick, Esq. Barry J. Mandel, Esq. REPRESENTATION OF PARTIES Claimants, Willem & Cornelia van Bakel, Tmstees for the van Bakel Revocable L

AWARD NASD Regulation, Inc. CASE: 98-04140 Kenneth S. Wingelnik, claimant vs. Harlan Perry and Finance 500 Inc., respondents.' ATTORNEYS: Claimant appeared Pro Se - Fountain Valley, CA. For Respondents appeared James R. Duncan, Esq.- Pasadena, CA. DATE.FILED: November 4, 1998 CASE SUMMARY: Claimant alleged diat respondents breached dieir fiduciary duty by giving careless sales advice to him. Claimant also alleged ttiat respondents acted negligentiy

AWARD NASD Regulation, Inc. •CASE: 98-04138 GKN Securities, Inc., claimant vs. Christopher Tortora, respondent. ATTORNEYS: Claimant GKN Securities, Inc., appeared through its Vice President, Michael Colombo, New York, NY. Respondent Christopher Tortora appeared Pro Se., Tuckahoe, NY DATE FILED: 11/04/1998 CASE SUMMARY: Claimant alleged that respondent failed to pay the amount outstanding for certain expenses and/or customer debits, which became