N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Morgan Keegan & Co., Inc. 93-04394 Name of Respondent Robert Cariddi CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on October 25, 1993, Claimant Morgan Keegan & Company, Inc., through its in-house counsel, David M. Minnick, Esq., alleged that Respondent Robert Cariddi has failed to pay

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Patsy J. Bischoff 93-04393 Name of Respondents Merrill Lynch, Pierce Fenner & Smith, Inc.; Donald Zandstra REPRESENT ATION For Claimant: Patsy J. Bischoff ("Bischoff") was represented by Alan D. Penskar, Esq. of Smith, Harris & Goyette, located in Flint, Michigan. For Respondents: Merrill Lynch, Pierce Fenner & Smith, Inc.

PUBLIC N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants) Iris Solow 93-04386 Name of Respondents) Cohig & Associates, Inc. Marc Canatella Kenneth M. DeVane Scott Elliot Kober Financial Corporation REPRESENTATION For Claimant Iris Solow: Walter D'Ull, Esq., New York, NY. For Respondents: Cohig and Associates, Inc.: David H. Drennen, Esq., Englewood, CA.

NASD AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Name of Claimant PaineWebber, Inc. and 93-04374 Name of Respondent Michael S. Cox REPRESENTATION OF PARTIES PaineWebber, Inc. ("Claimant") was represented by Edward P. Degenhardt, Esq., PaineWebber, Inc., Weehawken, New Jersey. Michael S. Cox ("Respondent") was represented by Gerald P. Ferguson, Esq., Vorys, Sater, Seymour and Pease, Colu

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Iowa State Bank, West Bend 93-04373 Name of Respondents Van Kampen Merrit, Inc. Richard Olson David Johnson REPRESENTATION Claimant Iowa State Bank, West Bend ("Iowa State Bank") was represented by Brent R. Appel of Dickinson, Throckmorton, Parker & Mannheim, Des Moines, Iowa. Respondents Van Kampen Merritt Inc. ("Van K

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Hersel Nourmand, Individually and as Trustee for the Benefit of The White Trust Dtd 1/19/99, Mozafar Nourmand, Individually, as Trustee for the Benefit of The Pacific Trust Dtd 1/19/99, and as Custodian for Erica Pary Nourmand, Monica Nourmand and Joseph Salar Nourmand, and Salar Properties, a Partnership, Claimants v. PaineWebber, Inc., David B. Harberson, Don S. Dalis, and

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Centrelnvest Securities, Inc., (Claimant) vs. Salomon Smith Barney, Inc., (Respondent) Case Number: 00-00902 Hearing Site: New York, New York REPRESENTATION OF PARTIES Claimant, Centrelnvest Securities, Inc., hereinafter referred to as "Claimant": Alan Siegel, Esq., Akin, Gump, Strauss, Hauer & Feld, L.L.P., New York, NY. Respondent, Salomon Smith Barney, Inc., hereinafter ref

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Edward R. Marsh, Trustee for the Edward R. Marsh Trust 93-04362 Name of Respondent Chatfield Dean & Company, Inc. Representation of Parties Claimant, Edward R. Marsh, Trustee for the Edward R. Marsh Trust ("Claimant") was represented at the hearing by Paul Sussman, Esq. of the Law Offices of Paul Sussman, Chicago, Illinois

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Karl Richter 93-04355 Name of Respondent Coastal Securities, Inc. CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on October 21, 1993, Claimant Karl Richter, who appeared Pro Se, alleged that Respondent Coastal Securities, Inc. did not properly handle his account. Claimant further alleged

NATIONAL ASSOCIATION OF SECURITIES DEALERS AWARD In the Matter of the Arbitration Between DEREK J. COWIE; and DEREK J. COWIE TRUSTEE FBO COWIE TRUST U/A DTD 12/18/89. Claimants, v. NASD No. 93-4352 KENNEDY. CABOT & CO. and MARK O. FINK. Respondents. Representation For Claimant (Cowie): Michael Huberman, Esq., Of Counsel for Greenbaum & Ferentz, Newport Beach, California For Respondent Kennedy Cabot & Co. (KCC): George Kupper, Esq