N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In me -Matter of the Arbitration Between Name of Claimant R. Vincent Smith 92-02848 Name of Respondents Oppenheiraer & Co.. Inc. Patrick D. Loftus. JH For Claimant at the hearing: John A. Bugg, Esq. of Conner & Winters, Tulsa. Oklahoma. For Respondents at the hearing: Ronald I. Restrepo. Esq. of Doyle, Reed, Restrepo, Harvin & Robbins, Houston, Texas. CASE INFORMATION Statemen

PUBLIC N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Merrill Lynch Pierce Fenner & Smith Inc 92-02845 Name of Respondent John Munoz CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on August 24, 1992, Claimant Merrill Lynch Pierce Fenner & Smith, Inc., by and through their counsel A. Michael Ferrill, Esq., of Cox & Smith Incorpora

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Sumner Herzog t/a Herzog Associates 92-02844 Name of Respondent/ Third - Party Claimant Shearson Lehman Brothers, Inc. Name of Third-Party Respondent Constant Queller CONSOLIDATED WITH In the Matter of the Arbitration Between Name of Claimant Sumner Herzog t/a Herzog Associates 93-01394 Name of Respondent Co

Award NASD In the Matter of the Arbitration Between: Carty and Company, Inc., Claimant v. Ty Kevin Bauer, Respondent Case Number: 01-02437 Hearing Site: Memphis, TN REPRESENTATION OF PARTIES For Carty and Company. Inc., hereinafter referred to as "Claimant": John J. Helfin, Esq., Bourland, Helfin, Alvarez and Minor, Memphis, TN. For Respondent Ty Kevin Bauer: Scott A. Kramer, Esq., Borod & Kramer, P.C., Memphis TN. CASE INFORMATION Statement of

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Sumner Herzog t/a Herzog Associates 92-02844 Name of Respondent/ Third - Party Claimant Shearson Lehman Brothers, Inc. Name of Thiid-Partv Respondent Constant Queller CONSOLIDATED WITH In the Matter of the Arbitration Between Name of Claimant Sumner Herzog t/a Herzog Associates 93-01394 Name of Respondent Co

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Frank J. Murphy NASD Arbitration No. 92-02841 Name of Respondents Robert Thomas Securities, Inc. Richard Caridi REPRESENTATION For Claimant: Craig S. Newman, Esq. - Lionel, Sawyer & Collins, Las Vegas, Nevada • For Respondent: Richard Caridi - Robert Thomas Securities, Inc. CASE INFORMATION Statement of Clai

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant William R. Wollrab u r and 92-02833 Name of Respondents Paulson Investment Company, Inc. and Richard Ruiz REPRESENTATION OF PARTIES Claimant William R. Wollrab appeared pro sg. Respondent Paulson Investment Company, Inc. was represented by Harry L. Stripiin. Respondent Richard Ruiz appeared prose. CASE INFORMATION

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between ) Name of Claimantfs) ) Milton, Merryl and Natalie Fein ) ) Case No, 92-02825 Name of Respondent^ ) Halpert & Company, Inc. ) Alan Halpert ) George Gonzalez ) ; i' Ij n ^ For Claimant, Milton Fein ("Fein"), pro se. For Respondents, Halpert & Company, Inc. ( H HCT) and Alan Halpert ("Halpert"): Alan Halpert. For Respo

N.A.S.D. STIPULATED AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Boenning & Scattergood, Inc. 92-02823 Michael I. Wtlih, Ir, For Claimant Boeoniof & Scattergood, Inc. ("Claimant*): Michtel B. Scullin, Esq. of toe law firm of Monteverde ft Hemphill For Respondent Michael J. Walsh, Jr. ("Respondent") r Stuart J. Guber, Esq. of the law firm of Berger & Montague, P.C. CASE INFORMATION

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant(s) Marvin Perlman and Josephine Perlraan, individually and as trustees of the Perlman Family Trust NASD Arbitration No. 92-02821 Name of Respondents) Yaeger Securities, Inc. Nonna Yaeger John Barrett REPRESENTATION For Claimants: Harold J. Tomin, Esq., Fenigstein & Kaufman, Los Angeles, California For Respon