NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Hatter of the Arbitration Between Thomas and Claire Kelly Clafinant(s) vs. 89-02316 J.R. Roche Respondent(s) NOTICE OF ARBITRATION AWARD dSB SUMMARY Claimant (s) Thomas and Claire^Celly alleged that Respondent (s) J.R. Roche made misrepresentationetconcerning order execution and failed to sell certain securities as; requested by Claimant. Respondent(s) did not respond. PUT. I

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between ROBERT AGUTLERA, WILLIAM A. ANDERSEN, DOUGLAS AND JANICE BADGER, PHILIP BAKER, JEAN- PIERRE BARDET, RAY BESHARTY, ABRAHAM BET-POLICE, PHILIP BET- POLICE, EVELYN M. BAULCH, VLADIMIR BEZAK, CLAUDIO BLOTTA, GRtlEL BRANTON, CARYL L. BURKE, EVA BURNS, SANDOR OAROCZI, JULIAN ESTRADA, GUSTAVO GONZALES, THOMAS GUADARRAMA, JORGE GUDINO, LARR

NATIONAL ASSOCIATION OP SECURITIES DEALERS In the Matter of the Arbitration Between George Algarra 89-02237 Claimant vs. OATH AND AWARD OF ARBITRATOR Bateman Eichler, Hill Richards, Inc. Respondents Having been selected as an arbitrator to consider and determine the matter in controversy between the above-captioned parties, I solemnly swear or affirm that: I am not an employer of, employed by or " related by blood or marriage

NJLS.D. AMNRD NATXCKM, OP JS thft Mattaar of tb» Atfaitrat1.cn 6 Fln&aoa Inc. 89-02218 Kith 89-02238) aa attorney in fact Cor Janina, Sylvan and W-02238 RidlU & Tkylor, looatad in Mnoia H. Tfcylor, I. of of Claim filadt August 7, 1989 cm JUOB 30, 1389 fay Gaorgina Bavill, Capital Motioa to OQMolidate fllartt August 7, 1989 Statanaat of & Finanoa £00. to < ^""»«T ^ t^**** ^4t^j by Mapcodaots J.T. Macau &

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between Name of Claimant Kristine H. Stewart Case No. 99-03533 Names of Respondents Keogler Morgan & Company, Inc. James B. Nickley, Jr. REPRESENTATION OF PARTIES For Kristine H. Stewart ("Stewart"), hereinafter referred to as "Claimant": Thomas F. Shine, Esq., Melbourne, Florida For Keogler, Morgan & Company ("Keogler Morgan"): Marc S. Dobin, Esq. of the law firm o

Arbitration M.A.S.D. AWARD National A..oci«ion of Securities Dialers. Inc. - Suite 1680 NATIC1V-.L ASSOCIATION OF SECURITIES DEALERS Three First National Plaza Chicago. IL 60602 (312) 899-4440 In t u .-r "£t~er of the Airbitration Between IB. LP.SLD KOLTA 89-03122 Name of Respondent ( s ] E. F. KL.TTON & COMPANY, DC. MICHAEL DAFFINRUD CASE SHMMBHY In a claim filed on or about November 4, 1989 by Claimant Dr. Laalo Kbl

N.A.S.D. AWARD- NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Alice Lieberman 89-03085 David W. Appel, Jr. Equitable Securities of New York Joseph M. Blumenthal Claimant alleged that Respondents induced her to open an account with assurances to mate her large sums of money in a short period of tine. Claimant further alleged that Respondents invested her money in cauuoa stock fraudulently, and

N.A.S.D, AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In. the Matter of ~thn Arbitration Between Joseph & Colleen Zewin 89-03032 Namgpf ReaoondantfsL Wedbush Securities Alan Stern Walter Wright David Van Alstyne Lsvco Securities This case was filed with the »!ational Associative* of Securities Dealers , lie. ("NASD") on April la, I2SG. Claimants Joseph M. Zewin and Colleen Zewin allege that they purchased a ccrnnon stock thro

HATIOHAL ASSOCIATIOK OF SlCtmiTIIS DBAURS, IK. in the Matter of the Arbitration Between } Nancy Barisof Claimant ) vs. ) AWARD Shearaon Lehman Hutton, inc. ) Stanley Schill Respondents ) CASI HO. 89-03029 Claimant alleged Respondents mad* investment recomnendations which were not suitable fox her level of financial sophistication and investment objectives. Claimant al«o alleged Respondents did not disclose the risk* associated with investing in ener

Arbitration • N.A.S.D. AWARD ~" "~ ' National Auocwtton of Securities Daalara. inc. NATIONAL ASSOCIATION OF SECURITIES DEALERS ?!!£• Swationat Plaza Chicago, IL 60602 _ (312) 899-4440 In the Matter of the Arbitration Between Napie of, ri a imant I s ] David E. & Jean M. Locke 89-03025 Merrill Lynch, Pierce Fenner & Smith Inc Mac Ozier In a statement of Claim filed with the NASD on or about October 30,, 1989, Claimants David and J