N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Sharon M. Lasker 93-04048 Name of Respondents Fahnestock & Co., Inc. M. Owen Lasker REPRESENTATION For Claimant: Charles J. Engel, Jr. Esq., Syracuse, New York. For Respondents: Charles E. Padgett, Esq. of Fahnestock & Co. Inc. North Conway, New Hampshire. CASE INFORMATION Statement of Claim filed: October 4, 1993.

K.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES PEALERS. INC. In the matter of the Arbitration Between Name of Claimant(g) Maria Fidler, Michael Fidler, Jonathan Fidler, Harriet Fidler, Six Percent Management Company, also known as Robert Fidler, and Nicky Blair, Limited, a California Limited Partnership NASD Arbitration No. 93-04044 Name of Respondent(s) Bateman Eichler, Hill Richards, Inc. Noel R. Eichenlaub RgPRgfigKTATION

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Carmela Lauretta East Coast Capital Corporation Award # vs. 93-04040 Name of Respondent Richard Kaner REPRESENTATION For Claimants, Carmela Laurella and East Coast Capital Corp. ("Claimants"), T.R. Kelly, Esq. from the law firm of Epstein, Becker and Green located in New York, New York. For Respondent, Richard Kaner ("

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: - 7\Tprr|T-iPT" 01-02791 Scott and Kristine Frohman nfthf ffegprmrlpnf H^PTI^S iSl'l?' Washington, D.C. Ameritrade, Inc. OF Claimants, Scott Frohman ("S. Frohman") and Kristine Frohman ( :i K. Frohman"), hereinafter collectively referred to as "Claimants": Donald J. Crawford, Esq., Anorney at Law, Rockville, MD. Respondent, Ameritrade, Inc. ("Ameritrade"),

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Rachel and Carter Williams and Carter Williams, Inc. Case No. 93-04032 vs. Name of Respondents Prudential Securities Inc Joseph A. Carter, Jr. REPRESENTATION For Claimants: Rachel & Carter Williams and Carter Williams, Inc. ("Claimants"), Peter Rohana, Esq., located in Media, Pennsylvania. For Respondents: Prudenti

NASD REGULATION, INC. AWARD In the Matter of the Arbitration Between Name of Claimant Linda E. LaPrade vs. Case No. 93-04030 Name of Respondent Kidder, Peabody & Co., Incorporated REPRESENTATION For Claimant Linda E. LaPrade ("Claimant") appeared Jeffrey L. Liddle, Esq. of the firm Liddle & Robinson, located in New York, New York. For Respondent Kidder, Peabody & Co., Incorporated ("Respondent") appeared Andrew J. Schaffran, Esq. of

NATIONAL ASSOCIATION OF SECURITIES DEALERS AWARD In the matter of the Arbitration Between JOHN R. WILSON, JOHN R. WILSON, Executor of the Estate of Dorothy R. Wilson, JOHN R. WILSON, Administrator of the Estate of Herbert S. Wilson, Claimant, v. NASD No. 93-04027 CHARLES SCHWAB & CO., Respondent. Representation For Claimant: David Weilbacher, Esq., Arroyo Grande, California For Respondent: Mark Drooks, Esq. of Bird, Marella, Boxer, Wolpe

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Robert E. Karoly 93-03999 Name of Respondent J.W. Charles Securities,Ine. REPRESENTATION For Claimant, Robert E. Karoly ("Karoly"): Russell L. Forkey, Esq., Dumar, Curtis, Cross, Laystrom & Perloff, Fort Lauderdale, Florida. For Respondent, J.W. Charles Securities, Inc. ("J.W. Charles"): Gregg Glaserof J.W. Charles Securiti

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Names of Claimants Bert E. and Florence V. Benson 93-04019 Names of Respondents Shearson Lehman Brothers, Inc. and Charles J. Sjostrom, Jr. REPRESENTATION Claimants, Bert E. and Florence V. Benson ("Bensons") were represented by Bruce Pearson of Fargo, North Dakota. Respondents, Shearson Lehman Brothers, Inc. ("Shearson") and Charles J. Sjo

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Sherman Borkan and Rene Holland Borkan TTEE's of the Borkan Family Trust 93-04018 Name of Respondent Merrill Lynch Pierce Fenner & Smith, Inc. CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on October 4, 1993, Claimants Sherman Borkan and Rene Holland Borkan TTEE's, who appeared Pro Se,