N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Guy C. Glaader 93-05139 Name of Respondents Merrill Lynch Pierce Fenner & Smith Inc Douglas S. LaValle REPRESENTATION For Claimant, Guy C. Glander ("Glander"): Richard W. Groner, Esq. of Snyder, Groner & Schieb, Venice, Florida. For Respondent, Merrill Lynch Pierce Fenner & Smith, Inc. ("MLPFS"): Francis M. Curran, Esq.

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant(s) Alba D. Leone and Gina Goehl 93-05136 Name of Respondent(s) William Daniel Google First Montauk Securities Corp. Pacific Southern Securities, Inc. REPRESENTATION For Claimants: Bobby C. Aniekwu, Esq., of Bobby-Thompson C. Aniekwu & Associates. Respondent William Coogle appeared pro se. For Respondent First Montauk Se

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Carlo and Tamsen DiCarlo 93-05200 Name of Respondents Oppenheimer & Co., Inc. Patrick S. Jage Claimants Carlo and Tamsen DiCarlo ("Claimants") were represented at the hearing by Lloyd Kadish, Esq. of Lloyd Kadish & Associates, Ltd., Chicago, Illinois. Respondents Oppenheimer & Co., Inc. ("Oppenheimer") and Patrick S. Jage ("Ja

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Prudential Securities, Inc. 93-05189 Name of Respondent Alexander Haverstick REPRESENTATION For Claimant Prudential Securities, Inc. appeared Gilbert Boyce, Esq. with the law firm Kutak Rock, Washington, D.C. For Respondent Alexander Haverstick appeared Joel Fonnan, Esq. with the law firm Bondy & Schloss, New York City, New

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Angel De La Iglesia, Individually and as Trustee for Angel De La Iglesia IRA 93-05184 Name of Respondents Kidder, Peabody & Co., Incorporated Albeit Mathias Krohn, Jr. Theodore Walter Kilar REPRESENTATION Claimants were represented at the hearing by William S. Shepherd, Esq., Houston, Texas. Respondents were repres

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant(s) Ellis J. and Seena I. Morton 93-05175 Name of Respondent^) The Robinson-Humphrey Company, Inc. Frank Stevenson REPRESENTATION For Claimants Ellis J. and Seena I. Morton: J. Pat Sadler, Esq. of the law firm of Sadler and Associates, Inc., Atlanta, GA. For Respondents The Robinson-Humphrey Company, Inc. and Frank Stevenson

NASD REGULATION AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS REGULATION In the Matter of the Arbitration Between Name of Claimant Robert J. Schmollinger 93-05174 Name of Respondents Merrill Lynch Pierce Fenner & Smith Inc David Finkel Joseph P. DiFilippo REPRESENTATION Claimant Robert J. Schmollinger ("Claimant") was represented at the hearing by Brian Carlis, Esquire, of the law firm of Stark & Stark, P.C., Princeton, New Jersey.

NASD AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Name of Claimant Albert Fames, AL-PAR, Inc. and ATC Company and 93-05173 of Resondent Stratum Oakmont, Inc. Biltmore Securities, Inc. Kevin Loomis Bud Clarke REPRESENTATION OF PARTIES Albert Fames, AL-PAR, Inc. and ATC Company (collectively as "Claimants") were represented by John A. Dienner, Esq., Chicago, Illinois. Stratton

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS. INC. In the matter of the Arbitration Between Name of Claimant Jeanne C. Snyder NASD Arbitration #93-05170 vs. Napne of Respondents John Walter Baer American Investors Company Associated Planners Securities Corporation REPRESENTATION For Claimant: Irving Pfeffer, Esq., San Francisco, California For Respondents: David S. Markun, Esq., and Robert L. Gonser, Esq., Zelle & Larson

AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Burke Rock 93-05169 Name of Respondents Olde Discount Corporation; Tim Biesnahan REPRESENTATION For Claimant: Burke Rock ("Rock") appeared pro se. For Respondents: Olde Discount Corporation ("Olde Discount") and Tim Bresnahan ("Bresnahan") were represented by Ina N. Otto, Esq. of Olde Discount Corporation, located in Detroit, Mi