NASO. N.A.S.D. AWARD NATIONAL ASSXIATICK OP SECURITIES DEALERS Arbitration National Association of Sscuritis* Dsators. Inc. On* East Sroward Boulevard Suits 1000 Ft. Uuderdale. Florida 33301 (305) 522-7391 In the Matter of the Arbitration Between William DeRham, et al. Rosa Correia James Edward Craig Elliot B. and JUdith S. Richard L. and Lanny K. of Kleiman Marks Case No. 89-02022 Case No. 90-00854 Ca

NASO N.A.S.O. AWARD NATIONAL ASSOCIATKW OF SECURITIES DEALERS Arbitration National Association of Securities Dealers, Inc. One East Broward Boulevard Suite 1000 R. Uuderdale, Florida 33301 (305) 522-7391 In the Matter of the Arbitration Between William DeRham, et al. Roes Correia James Edward Craig Elliot B. and Judith S. Richard L. and Lanny K. Rleiman Marks Case No. 89-02022 Case No. 90-00854 Caseo. 90-0

Award NASD Dispute Resolution In the Matter of the Arbitration Between: D. H. Kauffman Jokl (Claimant) v. Citigroup Global Markets, Inc. f/k/a Salomon Smith Barney, Inc. and Donald Ackerman (Respondents) Case Number: 04-00154 Hearing Site: New York, New York Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES Claimant D. H. Kauffman Jokl ("Jokl") hereinafter referred to as "Claimant": Steven G. Storch, Esq., S

YVASO, N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS Arbitration Awociition ot SccuriflM DMtors, Inc. Orw East Broward Boulevard Suit* 1000 R. Uuderdale, Florida 33301 (305) 522-7391 In the Matter of the Arbitration Between Name of Claimant(g) William DeRham, et al. Roes Correia Janes Edward Craig Elliot B. and Judith S. Kleiman Richard L. and Lanny K. Marks Name of Iteamndearrtifs} Pension Investors S

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS Arfaitntlon Nation* Association of Stturttte* Daator*. Inc. On* East Broward Boulevard Suit* 1000 Ft. Uuderdale, Florida 33301 (305) 522-7391 In the Matter of the Arbitration Between William DeRham, et al. Rosa Correia James Edward Craig Elliot B. and Judith S. Rleiman Richard L. and Lanny K. Marks Of rltuntlsl Pension Investors Securities Corporation Pensi

N.A.S.D. A9O8D NKTICNAL ASSOdKEICN OF x la the Matter of the Arbitration Between Katharine Irons, David J. Erickson, and Ken P. Moray o£ Reapondants 90-01275 and 90-01276 with atocntrea Securities Corporation. Michael Kbtt Weinstein For CLainantss Unas E. Dahlk, Esq. of Lieben, DahlJc, Knitted Saughtcn, & Jaba, P.C. Foe Raspoodent Hanaire Laraar: Soott M. Zucfeer, Esq. of Great Neck, Mew Yodc and T. Randy Wright, Esq. of Dim & Pl

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Michael Borkey Kimberly Shaker Claimants vs. AWARD #88-02328 #88-02922 01de Discount Stockbrokers Dale Maruster Respondents Case Summary Claimant Michael Borkey ("Claimant") was trading stock for Kimberly Shaker and dealt with brokers from Olde Discount Corporation ("Olde") alleged that Respondent Dale Maruster ("Maruster") failed to properly

Award NASD Dispute Resolution In the Matter of the Arbitration Between: McMahan Securities Co., L.P. (Claimant) v. Michael Shillan (Respondent) and Michael Shillan (Claimant) v. McMahan Securities Co., L.P. (Respondent) Case Number: 04-05460 Hearing Site: New York, New York (consolidated with 04-05656) Nature of the Dispute 04-05460: Member v. Associated Person Nature of the Dispute 04-05656: Associated Person v. Member REPRESENTATION OF PARTIES

H.A.S.D. AWARD NR3TCNRL ASSOCmTCN OP SBCDBITIES DERXJStS In the Matter of the Arbitration Between v p ,, !TF ,AT10N-CHICAGO Hamette Goldberg 90-03325 Nme of Rpcrmdrnts Otra clftnrintj, Inc. Jersey Capital Markets Group John T. Booth Thorns Martin paollcell-i represented by Ibcnaa P. ft***"", Esq. of Jonas & Keller, Colorcpdo. Respondents Jersey Capital Markets Group, Inc. and John T. Booth represented by Thomas A.

N.A.S.D. SSOHtD In. the Matter of the Alteration Between Ross Macdcoald NgBBofResoondents Wedbush. M"pjm Securities Gerard Kohler NRSD No. 90-03324 For Claimant: Mitcfael Cutler Green, Esq. To** Angeles, Ga For Respondent: FOX Wedbush Margin Securities, Inc. - David A. J< MUbante, STWeed, Hadley & MnCloy - Los Angeles, Ca Gerard Kohler - David C. Hjnnhm*, Esq. of Gansinger, Buckley - las Angeles, Esq. pf Statement of