N.A.3.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant PaineWebber, Inc. Consolidated cases < 3&Q295§!and 92-02957 Name of Respondents Robert M. Racusen (92-02956) Mark Karambelas (92-02957) ttlj'.PRFJjiENTATION For Claimant, PaineWebber, Inc. at the hearing: Tom Mierswa, Esq. of PaineWebber, Inc., Weehawken, New Jersey and Martin Hookstra, Esq. of PaineWebber, Inc., Chicago

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Equity Homes, Inc. Profit Sharing Plan 92-02788 Name of Respondents Ferris, Baker Watts Incorporated Dexter M. Davis REPRESENTATION For Claimant Equity Homes, Inc. Profit Sharing Plan ("Claimant"): James J. Doyle, III, Attorney at Law For Respondents Ferris Baker Watts, Inc. and Dexter M. Davis (jointly referred to as "

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Helene Sandra Myers 92-02787 Name of Respondent Janney Montgomery Scott Inc. CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on August 19, 1992, Claimant Helene Sandra Myers, who appeared Pro Se, alleged that on March IS, 1991 she closed her IRA account with Mellon PSFS Bank at which time

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 01-02432 Dennis J. Donnelly, claimant vs. H.D. Vest Investment Securities, Inc., respondent. ATTORNEYS: Claimant/Counterclaim Respondent appeared pro se, Donaldsonville, LA. For Respondent/Counterclaim Claimant appeared in-house counsel, R. Bredt Norwood, Esq., Irving, TX. DATE FILED: May 9, 2001 CASE SUMMARY: Claimant/counterclaim respondent alleged that respondent/counterclaim claiman

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Albert Fasano & Ronald E. Fasano/Fasano Albert & Ronald E Fasano TTEES/Fasano Co Albert Fasano & Donatella Fasano, Jt ten Award vs. » 92-02786 Name of Respondents Kidder, Peabody & Co., Incorporated Robert D. Sherwin REPRESENTATION For Claimants, Albert and Ronald E. Fasano for Fasano Corp., Inc. and Fasano Corporation

N.A.S.D. FINAL ORDER NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant/Counter-Resoondent Doley Securities, Inc. 92-02780 Name of Respondent/Counter-CIaimant S.N. Phelps & Co. REPRESENTATION For Claimant/Counter-Respondent: Doley Securities, Inc. ("Doley Securities") was represented by Harold E, Doley, Jr., Doley Securities, Inc., New Orleans, Louisiana. For Respondent/Counter-Claimant: S.N.

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Clai Michael J. Alois NASD Arbitration No. 92-02779 Name of Respondent^ Merrill Lynch, Pierce, Fenner & Smith, Inc. James Ross REPRESENTATION For Claimant: George T. Kelly, Esq., Long Beach, California For Respondents: Michael E. Obey, Esq., Merrill Lynch, Pierce, Fenner & Smith, Inc., New York, New York CASE INFORMATION

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Names of Claimants Joseph A. latarola, Joseph A. latarola, IRA, Sunset Construction Co. and Fay latarola 92-02770 Names of Respondents Rauscher Pierce Refsnes, Inc., Sutro & Co. Incorporated. Tucker, Anthony & R.L. Day, Inc. and Richard Bellinfante Claimants, Joseph latarola, Sunset Construction Co. and Fay latarola were represe

1 5 4 X N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES HEALERS In the Matter of the Arbitration Between Case Number 92-02769 Janetta S. Grapperhaus, lf . PUBLIC Claimnt, vs. Andover Group, Inc., Andover Cffcurities, Inc., and Daniel E. Gooding, individually and d/b/a Highland Financial Group, Respondents. REPRESENTATION: Paul E. Parker, Esq. and Nancy Green of Spilman, Thomas, Battle & Klostermeyer, P.O. Box 44

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of' the Arbitration Between Name of flatmamc . „ James A. and Nancy L. Swcany 92-02762 Nqme of Respondents Dean Witter Reynolds Inc. Samuel S. Pollack Donald Schwartz CASE SUMMARY In a claim filed with the National Association of Securities Dealers. Inc. on August 18, 1992. Claimants James A. & Nancy L. Sweany, who appeared Pro Se. alleged that Respondent Dean Wi