N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant(s) Eric Wallenstein 93-03175 Name of Respondent^ Suppes Securities, Inc. First Madison Securities, Inc. For Claimant: Jeffrey Richards, Esq., New York/ NY. For Respondent Suppes Securities, Inc.: Edward F. Duffy, Esq., New York, NY. For Respondent First Madison Securities, Inc.: Robert F. Bond, Esq. CASE INFORMATION

N.A.SJX AWARD NATIONAL ASSOCIATION 0F SECURITIES DEALERS la tteMal» of tte Arbitration {Between Rdwiwt H KoeUer, Jr. 93-02903 MeniD Lynch, Pfcrcc. Fenner $ Smith,, IDC. Par Claimant' Edward H. Kodak , Jr. ("Kochler") was represented by Murray Pogtar, Bag, ant C. Thomas Krusc, Esq. of McOade & Fogkr, L.L.P., looted in Homtoo, Texas. : Merrill Lynch, Itece, PeaattA Smith, Inc. (*MezriII Lynch*) was by Rood! B. Stubird, E&q. of tfMa&Bnan, LXJ. , locate

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Gilbert Bornstein Case Number 93-02746 Name of Respondent Eugene Grin REPRESENTATION For Claimant Gilbert Bornstein (hereinafter referred to as "claimant") appeared Michael O'Leary, Esq., Fort Lee, New Jersey. Respondent Eugene Grin (hereinafter referred to as "respondent") appeared pro se. CASE INFORMATION The Statemen

NATIONAL ASSOCIATION OF SECURITIES DEALERS NASD Regulation. Inc. Office of Dispute Resolution In the Matter of the Arbitration Between Marvin H. Hayes and Mary E. Hayes, husband and wife. Claimants No.93-02270 ORDER/AWARD Stuart James Investment Bankers, a Colorado Corporation; Paradise Valley Securities, an Ari7.ona corporation: First American Biltmore. an Arizona corporation: Franklin-Lord. Inc.. an Arizona corporation:

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of Arbitration Between Name of Claimant Laura O'Brien 93-00925 Name of Respondent Merrill Lynch, Pierce Fenner & Smith, Inc. REPRESENTATION For Claimant Laura O'Brien ("Claimant") appeared Gerard McEnery, Esq. from the law firm of Cotter, Cotter & Sohon located in Bridgeport, Ct. For Respondent Merrill Lynch, Pierce Fenner & Smith, Inc. ("Respondent") appeared Bernar

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Patricia Zuder Case No:92-04379 Name of Respondents Merrill Lynch, Pierce, Fenner & Smith Inc., and William E. Hill individually and as Agent and Employee thereof REPRESENTATION For Claimant, Patricia Zuder ("Zuder"): Arnold Y. Stienberg, Esq., of Arnold Y. Steinberg PA in Boca Raton, Florida For Respondents, Merrill Ly

NATIONAL ASSOCIATION np «£C!ZEUTISS SEALERS fn the Matter ,'f the Arbitration Between i Tama f ^'• John and Anna Elizabeth Denver Caw No. 92-04338 Name of Rflaaondeptf si David Lcmer Associates GoofgeVUlasi REPRESENTATION For Claimant}, John and Aima Denver (Uw'Denven*): Alton J, Fedor, Biq. and Frtneil Fedor, Esq. of Fedor & Bedor, Urgo, Florida. ' . . • For Respondents, David Lemer Anociates ("DtA") and George Villasi ("VUlasi"): R

PUBLIC N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between of Claimant(s) Byron S. Kopman 92-04182 Name of Respondent^ at Stratton Oakmont Inc. John P. Clancy MEPRES1NTATTQN For Claimant Byron S. Kopman: Gary S. Freed, Esq. and Benjamin Fink, Esq., of the law firm of Freed, Lester and Freed, Atlanta, GA. For Respondent Stratton Oakmont, Inc.: Harry L. Gannan, Esq. of the law firm of

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Elizabeth Huntley Horowitz (Claimant) v. Morgan Stanley DW, Inc. f/k/a Dean Witter Reynolds, Inc. and Sun Consolidated Securities (Respondents) Case Number: 99-02297 Hearing Site: New York, New York Nature of the Dispute: Customer v. Members. REPRESENTATION OF PARTIES Claimant Elizabeth Huntley Horowitz ("Horowitz") hereinafter referred to as "Claimant" appeared pro se. Resp

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant(s) Leonard Hayet IRA Account Case No. 92-04155 Name of Resoondentfs) Merrill Lynch Pierce Fenner & Smith Inc Bernard A. Baer For Claimant, Leornard Hayet IRA ("Hayet"): Leonard Hayet. For Respondents, Merrill Lynch Pierce Fenner & Smith, Inc. ("Merrill") and Bernie Baer ("Baer"): Jonathan A. Schorr, Esq. of Merrill. CASE IN