NASD AWARD NASD Regulation, Inc. Office of Dispute Resolution ts I °j ^ In the Matter of the Arbitration Between Name of Claimant Ivan Valtchev 96-04273 Name of Respondent National Discount Brokers REPRESENTATION Claimant Ivan Valtchev ("Claimant") was represented by Andrew P. Siff, Esq., Attorney at Law, New York, NY. Respondent National Discount Brokers ("Respondent") was represented by Douglas P. Lobel, Esq., of the law firm of Kelley

MPY.26.1998 3:38PM HflSD REGLLfiTION FL NO. 986 P. 7 N.A.SD. AMENDED AWARD NASD Regulation, Inc. Office of Dispute Resolution In the Matter of the Arbitration Between 1 fJama < tf flpnanta Jay Liebman Bella Liebman (deceased) 96-04272 Smith Barney, Inc. Roger Fazquhar Randall Hutchisson, Jr. Frank Pagnotta Jamas Dimon Judy Maxineau REPRESENTATION For Claimants: Jay Liebman appeared for the Claimants. For Respondents: A

v\ N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Jay Liebman Bella Liebman (deceased) 96-04272 Name of Respondents Smith Barney, Inc. Rodger Farquhar Randall Hutchisson, Jr. Frank Pagnotta James Dimon Judy Maxineau * REPRESENTATION For Claimants: Jay Liebman appeared for the Claimants. For Respondents: Ann Parry, Esq. of Smith Barney, Inc., New

NASD REGULATION, INC. AWARD In the Matter of the Arbitration Between SarojaL. and Lalitchandra G. Ranpura Case Number v. 96-04269 Prudential Securities, Inc. REPRESENTATION SarojaL. Ranpura and Lalitchandra G. Ranpura ("Claimants"), appeared pro se, with SarojaL. Ranpura representing Claimants. Prudential Securities, Inc. ("Respondent" or "Prudential") was represented by Gerard J. Kowlaski, Esq., in-house counsel, located in New York, New York.

NASD REGULATION, INC. AWARD In the Matter of the Arbitration Between Name of Claimant Thomas Swift 96-04267 Name of Respondents Redstone Securities, Inc. Thomas Laundrie Francesca Wolfsohn REPRESENTATION For Claimant Thomas Swift ("Claimant") appeared Neil A. Sussman, Esq., an attorney with offices in New York, NY; For Respondents Redstone Securities, Inc. ("Redstone") appeared David H. Ledgin, Esq., an attorney with offices in M

NASD REGULATION AWARD in the Matter of the Arbitration Between Name of Claimants Dost Mohammed Arahad AH 96-04260 Name of Respondents Whitehall Securities, Inc. Tanwir A. Khan For claimants Dost Mohammed ("Mohammed") and Arshad AH (*AU fl ) (collectively "claimants") appeared John-E. Lawlor, Esq., with Jaw offices located in Mineola, New York. For respondents Whitehall Securities ("Whitehall") and Tanwir A. Khan ("Khan") appeared Jcf

NASD REGULATION, INC. AWARD OFFICE OF DISPUTE RESOLUTION In the Matter of the Arbitration Between Name of Claimant Aaron Solomon 96-04257 Name of Respondents Tom Ishak State Street Capital Markets REPRESENTATION Claimant Aaron Solomon ("Claimant") appeared pro se. Respondent Tom Ishak ("Ishak") appeared pro se. Respondent State Street Capital Markets ("State Street") did not appear at the hearing in this matter. CASE INFORMATION

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between , Name of Claimants David E. & Barbara K. Puthoff 96-04256 Name of Respondents Maidstone Financial Inc. Hillcrest Financial Corp. George Carlo CASE SUMMARY In a case filed with the National Association of Securities Dealers Regulation, Inc. on September 24, 1996, claimants David and Barbara Puthoff ("claimants"), who appeared Pro Se, allege

•N.A.S.D. REGULATION AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between • Name of Claimants Roman and Eleanor Mager 96-04254 Name of Respondents Smith Barney Harris Upham & Co., Inc. Barry Whalen CASE SUMMARY In a case filed with National Association of Securities Dealers Regulation, Inc. on September 24, 1996, claimants Roman and Eleanor Mager ("claimants") through their representative and counsel Mitc

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between Name of Claimant May Financial Corporation Case No. 01-02139 Hearing Site: Boca Raton, Florida Name of Respondent V & S Industries, Inc. REPRESENTATION OF PARTIES For May Financial Corporation ("May") hereinafter referred to as "Claimant"; Corbet F. Bryant, Jr., Carrington, Coleman, Sloman & Blumenthal, Dallas, Texas. Respondent V & S Industries, Inc. ("V & S")