N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Herbert S. Geist Case No. vs. 93-01942 Name of Respondent Texas Capital Securities, Inc. REPRESENTATION For Claimant, Herbert S. Geist ("Claimant"), Steven W. Wolfe, Esq., from the law firm of Kantor, Davidoff, Wolfe, Rabbino, et ah, located in New York, New York. For Respondent, Texas Capital Securities, Inc. ("Respond

Stipulated Award NASD Dispute Resolution, Inc. Jie Matter of the Arbitration Between Name of Claimant Peter T. McHugh Case No. 00-00863 Names of Respondents Merrill Lynch, Pierce, Fenner & Smith, Inc. Jon Nelson Roberts REPRESENTATION OF PARTIES For Peter T. McHugh, hereinafter referred to as "Claimant": Jerry R, Everhardt, Esq., Raleigh, North Carolina. For Merrill Lynch, Pierce, Fenner & Smith, Inc. ("MLPFS") and Jon Nelson Roberts^

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Lorna Middendorf; Alloran, Inc.; SEP-Lorna Middendorf of Alloran, Inc. 93-01329 Name of Respondent Paula Brown, n/k/a Paula Brown Studaker REPRESENTATION For Claimants: Lorna Middendorf ("MiddendorF); Alloran, Inc. ("Alloran"); and SEP-Lorna Middendorf of Alloran, Inc. ("SEP") were represented by Walter L. Baumgardner, Esq. of

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Fred L. Schaff 93-01326 Name of Respondent Ferris, Baker Watts Incorporated CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on April 2, 1993, Claimant Fred L. Schaff, who appeared Pro Se, alleged that he held an IRA account with Respondent Ferris, Baker Watts, Incorporated from July 1991

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant William W. Curran as Trustee for Doreen S. Jansky Case# vs. 93-01323 Name of Respondents Gmntal & Co., Inc. James Walsh Al Pagan REPRESENTATION For Claimant, William W. Curran a Trustee on behalf of Doreen S. Jansky, ("Claimant") Michael Unger, Esq. from the law firm of Goldstein & Manello, P.C. located in Boston,

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant(s) Gerard C. Fallen 93-01315 Name of Respondents) Prudential Securities Inc Gerald H. Ballan MarcDobin, Esq. For Claimant, Gerard Fallen ("Fallon"): Louis Tertocha, Esq. of the law office of Louis Tertocha, Miami, Florida. For Respondents, Gerald Baflan ("Ballan"), Marc Dobin ("Dobin") and Prudential Securities, Inc. ("

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Michele M. Rousseau Whitemarsh 93-01303 Names of Respondents Merrill Lynch Pierce Fenner & Smith Inc Claude W. Renaud Philip F. Renaud REPRESENTATION For Claimant, Michele M. Rousseau Whitemarsh ("Whitemarsh"): Mitchell T. McRae, Esq. of Mitchell T. McRae, P. A., Boca Raton, Florida. For Respondents, Merrill Lynch Pierc

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between ft nf Clair Donald Dossin, Jr. 93-01258 Stratton Oakmont, Inc. Daniel M. Porush Jordan R. Belfort REPRESENTATION Claimant Donald Dossin, Jr. ("Dossin") was represented at the hearing by Janet F. Moss, Esq. of Riker Danzig Scherer Hyland & Perretti, of Morristown, New Jersey. Respondent Stratton Oakmont, Inc. ("Stratton Oakmont") was represe

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name Of Claimant(!0 Harcourt Ryder Capital, Inc. 93-01235 Name of Respondents) Stifel Nicolaus & Co., Inc. Claimant, Harcourt Ryder Capital, Inc. ("Harcourt"), was represented by George Franjola, Esq. of Allen, Dyer, Doppelt, Franjola & Milbrath, P.A., Orlando, Florida. Respondent, Stifel Nicolaus & Co., Inc. ("Stifel"), was represented by Jeff

cfd 103*1 N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant James Burns 93-01224 Name of Respondents Cresvale International Inc. Michael McDermott James Foster REPRESENTATION For Claimant: Robert F. Milman, Esq. of Milman & Heidecker located in Lake Success, New York. For Respondents: Stuart J. Moskovitz, Esq. of Tanner Propp & Farber located in New York, N