Stipulated Award NASD Regulation, Inc. In the Matter of the Arbitration Between: Boston Investment Group. LLC. Claimant vs. National Securities Corporation and Robert Thorson, Respondents. Case Number: 99-02980 Hearing Site: Seattle, WA REPRffSENTATIQN OF PARTIES Claimant, Boston Investment Group, LLC (hereinafter referred to as "Claimant"): Bruce Wilcox, Esq., Lukins & Annis, P.S., 1600 Washington Trust Center, 717 W. Sprague Avenue, Spokane, W

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant) s) Jerry Godsey and Anne Godsey 91-03720 Name of Respondeni(s) Merrill Lynch Pierce Fenner & Smith Inc REPRESENTATION For Claimants, Jerry and Anne Godsey ("the Godseys"): Thomas E. Warner. Esq. of Warner, Fox, Seeley & Dungey. For Respondent, Merrill Lynch Pierce Fenner & Smith, Inc. ("Merrill Lynch"): John J. Kilkenny, E

N.A.3.D. AWARD NATIONAL ASSQCIAHQNf OF S^-TJKJ'i'lKS DEALERS In the Matter of the Arbitration. Between o£ Claiflg"t3 Martel Barbara Martel NASD Arbitration No. 91-03706 Name of Respondents Private Portfolios, Inc. Fritz araaser For i"*!? •*< "•"**< «? Paul M. Garden, ESQ. • For Hfispandantsi Patrick Baldwin, Esq. - Menlo Paadc, Statanect of Claim filed: November 25, 1991 Claimants' Subnisaion Agreanant sigoad onz itoveuLer 7, j

N.A.S.D. AWARD NATICNKL AS5CCTRT11H OF SHJUKjLT.LHS DEALERS In the Matter of tha Arbitration Between of William C. Salke Eknna B. RaDce NASD Arbitration Ho. 91-03584 Painewebber, Inc. Lee W. catey Par Oainant: Edward Werner, Esq. - PnlnMiebbsr, Inc. For Respondent: TV-MI* Blake Jtartiflscn, Vlata, California Statemeat of Halm fllads Nov«b«r 13, 1991 daioants 1 Suboisaian Agreanaat signed cot Nbvcnbar 18, Joint Statanaat o

N.A.S.D. AWARD NATICNAIi ASSOCIATION OF {j]j_lim.1'iHS! DEALERS In the Matter of the Arbitration Between Q£ Neil Jafie NASD Arbitration Mb. 91-03500 Hane^ofRespcodents ' David Bemoan Poor Claimant: Randi Gaffner, Esq. - Gaffner & Geffia FOOT Respondent: ^yj*'"*' L. Snail, Esq. Statement of n»H« filed: November 6, 1391 Claimant's Submission Agreanant signed on: October 22, 1591 Joint Statacaant of Answer filed by Reapondaats on: J

N.A.S.D. AWARD ASSOdftTICH OP DEALERS In. t±e Matter of the Arbitration Between Nans of Claimant (a) Alice G. Xerber vs. 91-03424 Name of Resprnripnt (a) Alexander W. Elliott Sunftmerica Securities, Inc. For Claimant: Alice Q. Kerber, G*n Jacinto, For Beqrgidmt Aleoeaoier W. Elliott: Mo appearance by Alexander W. Elliott .For Respondent Suntaerica Securities, Inc: Sharmrn, McDougald, Esq. , Keesad, YOUD? & Tp Hoanh fa! 4 fnrn Sta

Arbitration © N.A.S.D. AWARD NATIONAL ASSOCIATION OF SBCDRTnES DEALERS In the Matter of the Arbitration Between ) David and Shirley Arlen ) Name of Respondent(a) ) ) Balpert, Cberst and Conpany ) ) ) NitionaJ AtMCittlon of S«curitlM 0««l«fs, Inc. Orw East Broward Boulevard Suite 1000 Ft. Lauderdale, Rorida 33301 (305) 522-7391 Case Kb. 91-03318 Cl aiimnta, David and Shirley Arlen ("the Arlens"): pro se. Fo

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant H. William Hofmann 91-03252 of Respondents Shearson Lehman Brothers, Inc. PaineWebber, Inc. Henry J. Faragalli, Jr. REPRESENTATION Claimant H. William Hofmann ("Claimant) was represented by J. Grant McCabe and Michael Slotznik, Esq. of Rawle & Henderson. For Respondent PaineWebber, Inc. ("PaineWebber"): John Linsenmeyer

N.A.S.D. AWRRD NATICHAL ASSOdATICN OF SEEDRITESS DEALERS In the Matter of the Arbitration Between Q£ David Fadell vs. 91-03234 Nj|neofRespQndent(s) Cruttenden & Company, Inc. Frederick Lacy For Claimant: Mitchell C. Green, Esq., Los Angeles, California For Respondent Cruttenden & Company, Inc.: John R. Loftus, Esq., Xeesal, Young & Logan, Long Beach, California Respondent Frederick Lacy: Frederick Lacy, Newport Beach, California CRSE

N.A.S.D. AWARD NATIONAL ASSCCZAIICN OF SECURITIES DEALERS In t±ie Matter of the Arbitration Between of David Chow va. 91-03178 Brothers, Gunter Kaisezauer For Claimant: Mitchell C. Green, Esq. , lea Angeles, Calif For Respondents* Jin E. DeSantis, Esq. , Xeesal, Young 6 Logan, Long Beach, California Statement of r*t^ filed: October 10, 1591 Claimant's Submission Agreement signed out Septeober 9, 1991 Joint Statement of Answer filed b