>» N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Among Name of Claimants Paul A, Duke, Jean F. Duke, Paul A. Duke, Jr., C. Hunter Tison, Laura D. Tison, Ruth Strickland, Herb Strickland, Jon A. Pirtle and Paul A. Duke, trustee for Terri L. Strickland, . Ronald G. Green and Matthew H. Patton Consolidated Case Numbers 1 90-00460 90-00461 91-00116 Name of Respondents Marshall & Co., I

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Gary T. King flase Number: 04-00158 . nf the Respondents Morgan Stanley DW Inc. David Ayres Hearing Rite- Philadelphia, Pennsylvania Nature of the Dispute: Customer vs. Member and Associated Person. RKPRF.SKNTATTON OF PARTIES Claimant, Gary T. King, hereinafter collectively referred to as "Claimant", was represented by Christopher

N.A.S.D. AJGPD NRHQNRL ASSCdSTICN OF SECURITIES DEALERS In the Matter of the Arbitration. Between of Claimants Olice Burdette Jr. and Carol CCNSOL1DA3ED Williams, Executrix of the CASES Estate of Freddie Williams QQ- 90-01131 of ESC Securities Corporation, Ttanas Michael Murray and Den. Carlos BiroViell, Jr. For CLaiinantss Ellen B. Verges, Esq. of Waring Cox, Memphis, Tennessee. For Reapcnden.tr PSC Securities Corporation: Thomas J.

N.A.S.D. APBCT ASSOdKnCN OF SECURITES DEALERS In the Matter of the Arbitration Between Olice Burdette Jr. and Carol CCK5QLHA3ED Williams, Executrix of the CASES Estate of Freddie Williams QQ ana 90-01131 Name | of Renpcndenta FSC Securities Corporation, Ihomas Michael Murray and Don Carlos Birdwell, Jr. For Claimants: Ellen B. Verges, Esq. of Waring Cox, Memphis, Tennessee. For Respondent, FSC Securities Corporation: Tbanas J

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS Benedict and Vicki Gambino, and Suchint and Yupa Vaewhongs, Claimants, v. Consolidated No.s 90-02219 90-02238 David Maniatis, Maniatis Gooding and Brand, Inc., n/k/a Maniatis Securities, Inc. Recorp Partners, Inc., Recorp Cotton-Lane Associates Limited Partnership, Peter Maniatis, and John Maniatis, Respondents/Third Party Claimants, v. Lee Harris, and Lee Harr

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES nKAl.R_RS Benedict and Vicki Gambino, and Suchint and Yupa Vaewhongs, Claimants, v. Consolidated No.s 90-02219 90-02238 David Maniatis, Maniatis Gooding and Brand, Inc., Recorp Partners, Inc., Recorp Cotton-Lane Associates Limited Partnership, Peter Maniatis, and John Maniatis, Respondents/Third Party Claimants, v. Lee Harris, and Lee Harris and Company, Inc., Third Pa

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS Benedict and Vicki Gumbino, and Suchint and Yupa Vaewhongs, Claimants, v. Consolidated No.s 90-02219 90-02238 David Maniatis, Maniatis Gooding and Brand, Inc., Recorp Partners, Inc., Recorp Cotton- Lane Associates Limited Partnership, Peter Maniatis, and John Maniatis, Respondents/Third Party Claimants. v. Lee Harris, and Lee Harris and Company, Inc., Third Par

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitrations Between GARY ZIER, Claimant, vs. SHEARSON LEHMAN BROTHERS, INC., Respondent. MICHAEL I. ZIER & ASSOCIATES, P.A.; MICHAEL I. ZIER & ASSOCIATES, P.A. TARGET BENEFIT PENSION PLAN; ZIER & PARNES, P.A. CASH OR DEFERRED PROFIT SHARING PLAN; AND, MICHAEL I. ZIER, INDIVIDUALLY AND AS TRUSTEE, vs. SHEARSON LEHMAN BROTHERS, INC. Claimants, Respondent.

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitrations Between GARY ZIER, Claimant, vs. SHEARSON LEHMAN BROTHERS. INC., Respondent. MICHAEL I. ZIER & ASSOCIATES, P.A.; MICHAEL I. ZIER & ASSOCIATES, P.A. TARGET BENEFIT PENSION PLAN; ZIER & PARNES, P.A. CASH OR DEFERRED PROFIT SHARING PLAN: AND, MICHAEL I. ZIER. INDIVIDUALLY AND AS TRUSTEE. vs. SHEARSON LEHMAN BROTHERS, INC. Claimants, Respondent.

NASa N.A.S.D. AWARD NATIONAL ASSOCIATICN OF SECURITIES DEALERS Arbitration National Association of Securities Dealers. Inc. On« East Broward Boulevard Suite 1000 Ft. Uuderdale, Florida 33307 (305) 522-7391 In the Matter of the Arbitration Between William DeRham, et al. Roes Correia Janes Edward Craig Elliot B. and Judith S. Kleiman Richard L. and Lanny K. Marks Pension Investors Securities Corporation flea Pension Sec