N.A.S.D. AWARD NATIONAL ASSOCIATION OP SECURITIES DEALERS Stuart Schwartz, as an Individual, Stuart Schwartz, as Trustee/Restated Profit Sharing, Stuart Schwartz C.F./Robin Schwartz, Stuart Schwartz C.F./Rachel Schwartz Stuart Schwartz C.F./Julie Schwartz, and Stuart Schwartz, Conservator/Estate of Rachel Schwartz Claimants, v. No. 93-05264 Kennedy, Cabot & Company, Brock Cooper, and Mark Fink Respondents REPRESENTATION OF PARTIE

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Janine Elizabeth Secord vs. 93-05262 Name of Respondents Ronald Franklin Selvaggio LaJolla Capital Corporation REPRESENTATION The Claimant appeared pro se. The Respondent Ronald F. Selvaggio appeared pro se. The Respondent LaJolla Capital Corporation was represented by James C. Weaver, Esq., LaJolla, CA. CASE INFORM

NASD AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Name of Claimant Janet Folsom and 93-05253 Name of Respondent Premier Planning Associates, Inc. Financial Network Investment Corp. Linda Walker REPRESENTATION OF PARTIES Janet Folsom ("Claimant") was represented by Paul G. Bursiek, Esq., Pendleton & Sabian, P.C., Denver, Colorado. Premier Planning Associates, Inc. ("Respondent Premier

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Ben and Jane B. Rosen vs. 93-05245 Name of Respondent Smith Barney Shearson, Inc. REPRESENTATION For Claimants Ben and Jane B. Rosen ("Claimants") appeared Ben Rosen. For Respondent Smith Barney Shearson, Inc. ("Respondent") appeared James Goddard, Esq., Associate General Counsel for Smith Barney Shearson, Inc. CASE INFORM

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimantf s) PaineWebber, Inc. 93-05232 AWARD Name of Respondents) Dean Houston Harris CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on December 20, 1993, Claimant PaineWebber, Inc., through its in-house counsel, Joel E. Davidson, Esq., alleged that Respondent Dean Harris has failed to make

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Name of Claimant Norman Bellinger 93-05228 of Resondent Dean Witter Reynolds, Inc. REPRESENTATION OF PARTIES Claimant, Norman Bellinger ("Bellinger") was represented at the hearing by Louis L. Plotkin, Esq. and Steve Kupperman, Esq. of Stone Pegman Walther Wittmann & Hutchinson, New Orleans, Louisiana. Respondent, Dean Witter Reynolds

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Kemper Securities, Inc. 93-05315 Name of Respondents Lany W. Milliken CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on December 22,1993, Claimant Kemper Securities, Inc., through its counsel Diane C. Fischer, of Siegan Barbakoff Gomberg & Kane, Chicago, Illinois, alleged that Respo

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Nancy C. and W. Richard White 93jp5309 Name of Respondents Merrill Lynch, Pierce, Fenner & Smith, Inc. W. Charles Wyman Robin Corkery CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on December 23,1993, Claimants Nancy C. White and W. Richard White, who appeared Pro Se, alleged that

NASD Arbitration No. 93-05305 N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS. In the matter of the Arbitration Between Name of Claimant(s) Eric Ellenhorn Name of Respondent (s) Dwayne Ritchie REPRBSENTATIQN For Claimant: Frederick L. Sosinsky, Esq., Litman, Asche, Lupkin, Gioiella & Bassin, New York, New York For Respondent: C.D. Michel, Esq., San Pedro, California CASE INFORMATION Statement of Claim filed: December 20

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Name of the Claimants Case Number: 01-02886 Claudio Herrera and Irene Herrera Name of the Respondent Hearing Site: Houston, Texas Morgan Stanley Dean Witter REPRESENTATION OF PARTIES Claimants Claudio Herrera and Irene Herrera hereinafter collectively referred to as "Claimants": William S. Shepherd, Esq. of the firm Shephard, Smith & Bebel, P.C. located in Houston, Texas.