N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants John and Mary G. Leslie 93-03451 Name of Respondents Investment Management & Research, Inc. Michael Ritschel CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on September 3, 1993, Claimants John and Mary G. Leslie, who appeared Pro Se, alleged that Respondents Investment Management &

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Patricia A. Farese 93-03446 Name of Respondents PaineWebber. Inc. Thomas Patrick Hayden Mark Tyler Hyde CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on September 2, 1993, Claimant Patricia A. Farese, who appeared Pro Se, alleged that prior to February 1, 1993 she received sever

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between N,ame gf Claimants William & Dorothy Lucke 93-03444 Name of Respondents D.H. Blair & Company Mark Guidice REPRESENTATION For Claimant William and Dorothy Lucke ("Claimants"): Russell L. Forkey, Attorney at Law, Deerfield Beach, Florida. For Respondent D.H. Blair & Company ("D.H. Blair"): Justin Y.K. Chu, Esq. of the law firm of Pollack

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Kali K. Ghosal, MD NASD No. 93-03441 Name of Respondents Prudential Securities Inc Rabindra Nath Bhattacharya REPRESENTATION For Claimant: Kali K. Ghosal ("Claimants") Hemendra Bhattacharya located in Briarwood, New York. For Respondents: Prudential Securities, Inc. and Robin Battacharia ("Respondents") Donna Daniel

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS. INC. In the matter of the Arbitration Between Name of Claimant Lawrence S. Smith Name of Respondents J. Alexander Securities, Inc. Robert Kay Harvey Rubenstein NASD Arbitration No. 93-03436 REPRESENTATION For Claimant: Ronald Stauber, Esq. • Los Angeles, California For Respondents: J. Alexander Securities, Inc., and Robert Kay - Michael A. Bertz, Esq. Los Angeles, Califor

NATIONAL ASSOCIATION OF SECURITIES DEALERS AWARD In the Matter of the Arbitration Between PATRICIA KIRBY, Claimant, v. NASD No. 93-3435 CAPITAL EQUITIES. INC. ?,nd MICHAEL DESTRO, Respondents. Representation For Claimant: Douglas Martin, Esq., San Francisco, California For Respondent: Walter Baumgardner, Esq. of Musilli, Baumgardner, Wagner & Pamell, P.C., St. Clair Shores, Michigan Case Information Statement of Claim filed: Augu

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Leonid & Polina Zolotusky 93-03429 Name of Respondent Piper Jaffray, Inc. CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on September 1, 1993, Claimants Polina & Leonid Zolotusky, who appeared Pro Se, alleged that in October, 1990 they opened a Prime Account with Respondent Piper Jaffra

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Fernando A. Kern & Reynalda E. Kern 93-03367 Name of Respondents First Gateway Securities, Inc.; James J. Gilmartin REPRESENTATION For Claimants: Fernando A. Kern and Reynalda E. Kern were represented by H. Clay Billingsley, Esq., of Klutho, Cody & Kilo, P.C., located in St. Louis, Missouri. For Respondents: First Gateway

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Todd Taliaferro and Case Number: 01-02677 Hearing Site: Troy, Michigan Names of Respondents Merrill Lynch Pierce Fenner & Smith, Inc., and Edward W. Godfrey REPRESENTATION OF PARTIES Todd Taliaferro ("Claimant") was represented by Anthony V. Trogan, Esq., West Bloomfield, Michigan. Merrill Lynch Pierce Fenner & Smith, Inc. ("MLPFS") and Edward W.

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Robert & Margaret Berinhout 93-03365 Name of Respondents Prudential Securities. Inc. CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on August 26, 1993, Claimants Robert and Margaret Berinhout, who appeared Pro Se, alleged that they purchased 600 shares of Ilio Inc. stock from Respondent