NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between ) ) SALLY ROJAS, ) Claimant, ) ) Case #88-03086 vs. ) Award ) PROFILE INVESTMENTS, CORP., ) ALAN BESHANY, ALVIN ROSENBLUM, ) STANLEY LEVIN, MICHAEL SEGAL and ) GREGORY MARHOLIN. ) Respondent ) ) Heard before the members of the Arbitration Panel: Bruce J. Barman, Esq. Mr. Leonard E. Pacun Mr. Samson Silberman CASE SUMAMRY

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Colin S. Brady Claimant vs. Merrill Lynch, Pierce, Fenner & Smith, Inc. Shirley M. Goehring Respondents Case #88-03083 Award CASE SUMMARY This proceeding was commenced initially on October 4, 1988 by Claimant, Colin S. Brady ("Brady"), Respondents, Merrill Lynch, Pierce, Fenner & Smith, Inc. ("Merrill Lynch") and Shirley M. Goehring ("Goehring")

NATIONAL ASSOCIATION OF SECURITIES DEALERS. INC. In the Matter of the Arbitration Between ) Claimant^) ) Respondent(s) ) vs. AWARD CASE NO. S8-030&Z- SUWARY OF ISSUES This case was filed g>o uj't^ "K*. vJ +0 g7 \J (T S ^6 Li. DAMAGES AND RELIEF REQUESTED (.£ agxwv. o->vc£ McinjuJCLJ- d.auvvjaMi^s 5? ? 7 " " j fa-4 LJULAjk-L d. (LLa ry^gA &Ji 0\ DAMAGES AND RELIEF AWARDED On •fJuA-A.u.ft^u Z.%

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Larry E. & Anna R. Stefonic Claimant(s) V3. 88-03081 Richard Howell, Piper, Jaffery & Hopewell, Inc., Larry Bull, and Richard Howell Respondent(s) NOTICE OF ARBITRATION AWARD CASE SUMMARY Claimants Larry E. & Anna R. Stefonic alleged that Respondents Richard Howell, Piper, Jaffery & Hopewell, Inc., Larry Bull, and Richard Howell misrepresented

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. *.«••**•»•• — — ^*-M — ^^^™»«.^^^^»^*..«»— * ^ • — •»_.. v _ w — A •» — _•-•.«.« IBM .» — * ««««*«M.* V « •» V In the Matter of the Arbitration Between } HOWARD MOTT, ) Claimant, ) ) Case /88-03078 vs. } Award BLINDER ROBINSON & CO., INC. Respondent, ) vs. ) JOHH SWIGER Third Party ) Respondent. ) Heard before the members of the Arbitration Panelt Walter W. Hane

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Alex Tare Claimant Case I 88-03072 vs. AWARD Tradex Brokerage Service, Inc. and Fred Howard Respondents Case Summary Claimant alleged that the Respondents improperly liquidated his account and that the Respondents did not give adequate notice of the intent to liquidate. In addition, Claimant alleged that Respondents' actions were inconsisten

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Stanley Wynn Claimant vs. Wise, Friedman, Inc. Michael Wise Respondents CASE #88-03069 AWARD CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on October 3, 1988 Claimant, Stanley Wynn, alleged that Respondents, Hise, Friedman, Inc. and Michael Wise, engaged the Claimant in substantial short sales which were

NATIONAL ASSOCIATION OF SECURITIES;DEALERS, INC p • - In the Matter of the Arbitration Between ') ' • iM -- 1 ' : -'-^ ! Arlene Keinert, individually and as ) guardian litem for Jeri Anne Keinert ) Claimants ) ) and ) CASE NO. 88-03065 ) Robert W. Baird £ Co. and ) Robert T. Wellman ) ) Respondents ) CASE SUMMARY In a claim filed with the NASD on or about September 30, 1989, Claimant Arlene Kei

Award NASD Regulation, Inc. In the Matter of the Arbitration Between: John D. Alstadt (Claimant) vs. Everen Securities, Inc. k/n/a First Union Securities, Inc., Billy Kimbrell, Beth Stobbs, Christopher Huff, Denis P. Shinhearl, David Gilbert and Jeff White. (Respondents). Case Number: 99-02465 Hearing Site: Dallas, Texas REPRESENTATION OF PARTIES Claimant, John D. Alstadt ("Claimant"): John Dees, Esq., Law Offices of John Dees, Dallas, Texas. Re

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of Arbitration Between) OAVID G. FEERICK ) Claimant ) v* ) NASD NO. 88-03063 LAURIE BARTACZEHICZ and ) PIPER, JAFFRAY and HOPHOOD ) Respondents ) . ) CASE SUfWflf In a claim filed with the NASO on September 30, 1988, Claimant, David G. Feerick alleged that he placed an order to sell 20 Jan IBM 165 calls at $2.00 with Respondent, Laurie Bartaczewicz an employee of Responde