N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Ellis Beladoff vs. Case # 92-01205 Name of Respondent; Rosenkrantz Lyon & Ross Averal Satloff REPRESENTATION For Claimant: Bruce Beladoff. For Respondent: Robert Moses, Esq., of Josephthal Lyon & Ross. CASE INFORMATION Statement of Claim filed: April 7. 1992. Claimant's Submission Agreement signed on: April 6. 1992.

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant(s) Alexander & Sonja Kuchkuda Case No. 92-01203 Name of ResoondenUsl J.W. Gant and Associates. Inc. Ronald Jones Adam Tobias REPRESENTATION For Claimants: Alexander Kuchkuda and Sonja Kuchkuda ("the Kuchkudas"): Bradley W. Hogreve, Esq. of Bradley W. Hogreve, P.A. For Respondent. J.W. Gant and Associates, Inc. ("JWG")

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Nam.e of Claimant Sidney N. Buka and 92-01200 Name of Respondents Boettcher & Company, a division of Kemper Securities Group, Inc. and Terry Sharp REPRESENTATION OF PARTIES Claimant Sidney N. Buka was represented by Michael W. Lillie, Esq., Englewood, Colorado. Respondents were represented by A. Brad Busscher, Esq. of Boettcher &

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION. INC. CASE: 99-03156 Phil H. Beason, Claimant vs. Scottsdale Securities, Inc., Respondent. ATTORNEYS: Claimant, Phil H. Beason, ("Claimant"), appeared Pro Se., San Francisco, CA. Respondent, Scottsdale Securities, Inc. ("Respondent"), appeared through its' Compliance Manager, Mark Finnegan, St. Louis, MO, DATE FILED: July 12, 1999 CASE SUMMARY: Claimant alleged that Respondent sold 200 shares of

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION, INC. CASE; #00-01078 SunAmerica Securities, Inc., claimant vs. Alvin Patrick Vaughn, respondent. ATTORNEYS: For Claimant appeared in-house counsel, Edwin Barkel, Phoenix, AZ Respondent appeared Pro Se, Silver Spring, MD DATE FILED: March 10, 2000 CASE SUMMARY: Claimant alleged that respondent owed unearned compensation with respect to improperly handled transactions in the Boston Capital Direct

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Patricia Horn of Respondents NASD Arbitration No.92-01185 Merrill Lynch, Pierce, Fenner & Smith Bateman Eichler, Hill Richards REPRESENTATION For Claimant: Ellen R. Rosen, Esq., Simke, Chodos, Silberfeld & Anteau, Inc., Los Angeles, California For Respondent Merrill Lynch: V. James Mann, Esq., Merrill Lynch, Pierce,

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Barbara Kalmus, David Kalmus et al. 92-01183 Name of Respondents Shearson Lehman Brothers, Inc. Evan Katz REPRESENTATION For Claimants Barbara Kalmus and David Kalmus, individually and as custodians for Perry Kalmus, Daryn Kalmus and Oren Kalmus (Claimants"): Thomas D. Giachetti, Esq. of the law firm Stark & Stark. For

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of CJaimajat Douglas J. Cotton vs. NASD #92-01180 Name of Reqpqndentq Capital Analysts, Inc. Edward Williams For Claimant: Paul W. Thomas, Esq., Carlsbad, California. For Respondents: George M. Garvey, Esq., of Munger, Tolles & Olson, Los Angeles, California. CASE INFORMATION Statement of Claim filed: April 3, 1992 Claimant's S

PUBLIC NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. CASH #92-01177 AWARD In the Matter of the Arbitration Between Gretchen Pasternak Claimant vs. Shearson Lehman Hutton, Inc. Paul Warehall Respondents CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on April 3, 1992, Claimant Gretchen Pasternak by and through her representative Michael L. Paule of Investors Arbitration Services, Inc.

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Donald Napier 92-01172 Name of Respondents Mark Goldsmith Robert Blatt Eugene Muller REPRESENTATION For Claimant: Linda McCarthy, Esq. and John Profiling, Esq. of Profiling & Hanley. For Respondent: David E. Robbins. Esq. of Kaufmann Gilden & Carlin. CASE INFORMATION Second Amended Statement of Claim filed: Janu