NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between) Rick A. Buss ) Claimant and 1 A W A R D 88-00842 E.F. Mutton, Inc. and Stephen Clarke ) Respondents ) CASE SUMMARY In a claim filed with the NASD on March 15, 1988, Claimant Rick A. Buss alleged that Stephen Clarke and E.F. Mutton sold 30 IBM April 145 calls without the Claimant's approval or authorization. In their

- _ ___ ___ _ Arbitration N.A.S.D. AWARD „ . National Association of Securities Dealers. Inc. Suite 1680 NATIONAL ASSOCIATION OF SECURITIES DEALERS Three First National Plaza Chicago. IL 60602 (312) 899-4440 In Uie Matter of the Arbitration Between Name of Thomas L. and Julia L. Martin Name of Respondent's^ Kidder, Peabody & Co., Incorporated Clay "decker CASE SUWARY In a Statement of Claim filed with the NASD on April -m-h.

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: David S. Leonard Trustee f/b/o Accountancy Corporation Defined Benefit Pension Plan & Trust dated 3/18/87, Claimant v. Kennedy, Cabot & Company (n/k/a Calabasas Asset Holding Co., Inc.), Waterhouse Securities, Inc. (a/k/a TD Waterhouse Securities) and Herbert Voss, Jr., Respondents Case Number: 99-03343 Hearing Site: Los Angeles, California REPRESENTATION OF PARTIES Fo

NATIONAL ASSOCIATION OF SECURITY DEALERS. INC. In the Matter of Arbitration Between DAVID A. SCHMITT Claimant v. BEAR STEARNS & CO., INC. and KENNELM CASSELL Respondents NASD NO. 88-01147 CASE SUWARY Claimant alleges that Respondents churned his account, recommended unsuitable transactions and knowingly or with reckless disregard materially misrepresented or omitted the facts that an ordinary investor would reasonably rely upon.

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between ) Marlys Taylor Claimant ) ) AWARD vs. ) CASE NO. 88-01146 Mitchell Curtis and Financial Respondents ) Planners Equity Corp. ) SUMMARY OF ISSUES This case was filed on November 24, 1986. Claimant alleged that Respondent Mitchell Curtis ("Curtis") breached his fiduciary duty to her when he invested her funds in six unsuitable, high-risk limited partnerships.

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Thomas Soong Claimant vs. Merrill Lynch, Pierce, Fenner & Smith, Inc. and Michael Lockhart Respondents Case 188-01126 AWARD CASE SUMMARY Claimant Thomas Soong alleged that he wanted to open an IRA account with the Respondent Merrill Lynch, Pierce, Fenner & Smith, Inc., namely the Merrill Lynch Federal Securities Trust Fund. Claimant alleged that

NATIONAL ASSOCIATION OF SECURITIES DEALERS, 'JNC. In the Matter of the Arbitration Between) Richard A. Kliefoth ) Claimant and AWARD Case No. 88-01096 Thomson McKinnon Securities, Inc. and Clifford Fields Respondents CASE SUMMARY In a claim filed with the NASD on April 6, 1988, Claimant Richard A. Kliefoth, individually and as executor of the estate of Marion Kliefoth, ("Kliefoth") alleged that Respondents Thomson McKinnon, Inc. ("Thomso

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Levco Securities Corporation vs. Carlton Copp, Jr. Marilyn LaChicotte Claimant Respondents AWARD #88-01163 In the Matter of the Arbitration Between Levco Securities Corporation Claimant vs. Dillon Securities, Inc. Financial Clearing & Services Corp. VS. Carlton Copp, Jr. Marilyn LaChicotte Robert Burnside Respondents AW

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Sidney Schnipper Elaine Schnipper, Municipal Pension Protectors, Inc. and Municipal Plan Protectors, Inc. Claimants vs. Muller & Co., Inc. Philips Appel & Waiden, Inc. Broadcort Capital Corp. CASE #88-01123 AWARD Respondents ======================£=====================S=== CASE SUMMARY This claim was filed with N.A.S.D, Inc. on April

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the_ JUDITH BLINDER Matter of the Arbitration Between ) K. FIVIAN and ROBINSON & CO Claimant ., INC. and STEVEN R. NICKLES Respondents / ) ) ) ) ) ) CASE NO. 88-02031 CASE SUMMARY Judith K. Fivian ("Claimant") alleges that Blinder Robinson & Co. ("Respondent Blinder") and Steven R. Nickles ("Respondent Nickles") failed to inform Claima