NASD AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Namp. of William F. Stephenson, M.D. and Name of Merrill Lynch, Pierce, Fenner & Smith, Inc. RFPRTT.S'ENTAT'ION OF William F. Stephenson, M.D. ("Claimant") was represented by Jeffrey L. Smith, Esq. and Michael E. Lindsey, Esq. of Cohen Brame & Smith, Denver, Colorado. Merrill Lynch, Pierce, Fenner & Smith, Inc. ("Respondent") was represented

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimantf s) Fernanda Durban 92-03222 Name of Respondents) Prudential Securities, Inc. PaineWebber, Inc. PUBLIC For Claimant: David E. Shellenberger, Esq. For Respondent PaineWebber, Inc.: Joseph A. Vallo of PaineWebber Inc. For Respondent Prudential Securities, Inc.: Eric Reider of Robinson Silvennan Pearce Aronsohn & Berman.

N.A.S.D. AWARD PUCuC NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Richard Landolt 92-03221 Name of Respondent Gregory W. Kennedy CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on September 24,1992, Claimant Richard Landolt, who appeared Pro Se, alleged that Respondent Gregory E. Kennedy, while employed by Boettcher & Co., invested his funds in Ke

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Names of the Claimants Sylvester Patterson Valerie Patterson Names of the Respondents Dalton Kent Securities Group, Inc. Sean Miller David Laurence Avidon Glenn Ivan Beyer Steven Aron Chananya Alan Lloyd Elkes Justyn Seth Feldman David Mugrabi David William Reimer Case Number: 01-02457 Hearing Site: Boca Raton, Florida Nature of the

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Names of Claimants Dimitri C. Catsaros Dimitri and Linda Catsaros TTEES Dimitri Catsaros/Pension Plan 92-03220 Name of Respondent PaineWebber. Inc. Claimants, Dimiiri and Linda Catsaros were represented by Daniel J. Brooks, Esq. of Layton, Brooks & Hecht, New York, New York. Respondent, PaineWebber, Inc. was represented by Joseph A. Vallo,

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Edwin G. Cevallos 92-03212 Name of Respondent Dean Witter Reynolds Inc. CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on September 23, 1992, Claimant Edwin G. Cevallos, who appeared Pro Se, alleged that Respondent Dean Witter Reynolds, Inc. charged his account excessively, which he did

tfa N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Mark Huseby vs. NASD #92-03204 Name of Respondents Kemper Securities Steven P. Sacramone REPRESENTATION For Claimant: Mark Huseby of Las Vegas, Nevada For Respondents: William D. Nelson, Esq. of Robinson, Waters, O'Dorisio & Rapson of Denver, Colorado CASE INFORMATION Statement of Claim filed: September 22,

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Gerald W. and Nancy R. Barnard 92-03201 . Name of Respondent Charles Schwab & Company, Inc. For Claimants Gerald W. and Nancy R. Barnard ("Claimants"): Gerald W. Barnard For Respondent Charles Schwab & Company, Inc. ("Respondent"): Richard S. Dangcrtleld. Associate General Counsel for Charles Schwab & Company, Inc. CASE IN

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant George K. Schopp 92-03194 Name of Respondent Shearson Lehman Hutton. Inc. For Claimant. George Kenneth Schopp ("Schopp"): pro 50. For Respondent. Shearson Lehman Brothers, Inc. ("Shearson"): Robert J. Kuker, Esq. of Neai Gerber & Eisenberg. CASE INFORMATION Statement of Claim filed: September 21, 1992 and amended on March 1

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Sam L. Evans & Phyllis Evans 92-03192 Name of Respondent Merrill Lynch, Pierce. Fenner & Smith. Inc. REPRESENTATION For Claimants: Sam L. Evans and Phyllis Evans were represented by Timothy M. McDaniel, Esq. of Houston, Texas. For Respondent: Merrill Lynch, Pierce, Fenner & Smith, Inc. was represented by Jack D. Ballard, E