Award NASD Dispute Resolution In the Matter of the Arbitration Between: Arturo Espinoza de los Monteros and Africa International Co., Ltd., Claimants, vs. Bear Steams & Co., Inc. and Alberto C. Mariaca, Respondents. Case Number: Hearing Site: 96-02579 Houston, Texas PATiTTF.S Claimants Arturo Espinoza de los Monteros and Africa International Co., Ltd., hereinafter referred to as "Claimants," appeared through Arturo Espino

NASD REGULATION AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS Name of Claimant Lew Lieberbaum & Co., Inc. Mark I. Lew 96-02578 Name of Respondent Stuart Neal Kingoff REPRESENTATION For claimants Lew Lieberbaum & Co., Inc. ("Lew Lieberbaum") and Mark I. Lew ("Lew") appeared Lawrence P. Sandor, Esq., General Counsel of Lew Lieberbaum & Co., Inc. For respondent Stuart Neal Kingoff ("Kingoff) appeared Herbert Jacobi, Esq., a sole practiti

NASD REGULATION. INC. In the matter of the Arbitration Between Name of Claimant(si Paulson Investment Company, Inc. Arbitration No. 96-02576 Name of Respondent(s) Landmark International Equities William M. Jordan, Jr. William Nunziato Jawahar K. Doshi Howard Berger REPRESENTATION For Claimant: Gary M. Berne, Esq., Stoll Stoll Berne Lokting & Shlachter P.C., Portland, Oregon For Respondents Landmark International Equities and

AWARD NASD REGULATION. INC.. OFFICE OF DISPUTE RESOLUTION In the matter of the Arbitration Between Name of Claimant? s) Clifford Terrel Waters v. Arbitration No. 96-02573 fslame of Respondent^ James M. Bock Keith Youngswick Jeff Streich Karen Billings REPRESENTATION *• Claimant represented himself, as did each answering Respondent. CASE INFORMATION Statement of Claim filed: June 4,1996 Claimant's Submission Agreement

AWARD NASD REGULATION. INC., OFFICE OF DISPUTE RESOLUTION In the matter of the Arbitration Between Name of Claimant Po-Chi Shaw v. Name of Respondent Suppes Securities, Inc. Arbitration No. 96-02565 REPRESENTATION For Claimant: For Respondent: John Wallace, Esq. Robert C. Rosen, Esq. Rosen & Associates Los Angeles, California no appearance CASE INFORMATION Statement of Claim filed: Claimant's Submission Ag

NASD REGULATION, INC. AWARD NASD REGULATION, Inc. In the Matter of the Arbitration Between Name of Claimant Donald R. Grubb 96-02561 Name of Respondents A jay Nanda David L. Goodrich REPRESENTATION Claimant Donald Grubb, ("Claimant"), appeared Pro Se. For Respondent Ajay Nanda, ("Nanda 1 '), appeared William W. Allen* Esq., of the firm Gess Mattingly & Atchison, P.S.C., located in Lexington, Kentucky. For Respondent David L.

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS INC. In the matter of the Arbitration Between Name of Claimant: Marts Ozolins NASD Arbitration v. No.96-02553 Name of Respondents: Robert Wong REPRESENTATION For Claimant: Maris Ozolins, in pro per Laguna Niguel, California For Respondent: Julie D Reed, Esq. Olde Discount Corporation Detroit, Michigan CASE INFORMATION Statement of Claim filed: June 14, 1996 Cla

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name nf the Claimant Jack Bobrow ir 01-02115 of the Merrill Lynch, Peirce, Fenner & Smith, Inc. Steven Bobrow Hearing Site- Washington, D.C. OF PARTIES Claimant, Jack Bobrow, hereinafter referred to as "Claimant", was represented by Steven Altman, Esq., Altman & Company, P.C., New York, New York. Respondents, Merrill Lynch, Peirce, Fenner & Smith, Inc. ("Merr

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS. INC. In the matter of the Arbitration Between Name of Claimants Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Name of Respondent Robert Wolford NASD Arbitration No.96-02549 REPRESENTATION For Claimants: For Respondent: Statement of Claim filed: Andrew Quigley, Esq. Merrill, Lynch, Pierce, Fenner & Smith New York, New York Duke F. Wahlquist, Esq. Rutan & T

AWARD NASD REGULATION, INC. In the matter of the Arbitration Between Name of Claimant The Schmitz Family Trust dated June 12,1986 Mona K. Schmitz Trustee v. Arbitration No. 96-02545 Name of Respondents Titan Value Equities Group, Inc., Bill Ring, Frank Lloyd King and Philip Bruce Anderson REPRESENTATION For Claimant: Nancy K. Undem, Esq. Attorney at Law Santa Barbara, California For Respondents: G. Thomas Fleming III, Esq.