AWARD NASD Regulation, Inc. Office of Dispute Resolution In the Matter of the Arbitration Between Name of Claimant William Michael Kenney and 96-01937 Name of Respondents Gilbert Marshall & Co., Inc. Michael Usher John B. Guyette Richard J. Tyler Gary Boidt Thomas D. Meehan Douglas A. Glaser Daniel Lehl REPRESENTATION OF PARTIES William Michael Kenney ("Claimant") was represented by James A. Sigler, Esq., Granada Hills,

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Thomas D. Brandi 96-01936 Name of Respondents A.G. Edwards & Sons, Inc. Stephen Kovach CASE SUMMARY In a case filed with the National Association of Securities Dealers Regulation, Inc. on May 6, 1996^- claimant Thomas Brandi ("claimant"), who appeared Pro Se, alleged that respondents A.G. Edwards db.r Sons, Inc. ("Edwards")

AWARD NASD REGULATION. INC.. OFFICE OF DISPUTE RESOLUTION In the matter of the Arbitration Between Name of Claimant Fred Kayne v. Arbitration No. 96-01926 Name of Respondent Bear Stearns, Inc. REPRESENTATION For Claimant: Fred Kayne In pro per Los Angeles, California For Respondent: Robert H. Logan, Esq. Richard W. Smirl, Esq. Keesal, Young & Logan Long Beach, California CASE INFORMATION Statement of Claim filed

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Beatrice Landau 96-01923 Name of Respondents Schroder Wertheim & Co. Inc. Frederica Miceli Balis Firestone Lewittes & Coleman, Inc Stuart Coleman & Co. Inc. REPRESENTATION For Claimant Beatrice Landau ("Claimant") appeared Paul Landau, Esq., solepractioner, located in Van Nuys, California. Respondent Frederica Micel

AWARD NASD Regulation, Inc. Office of Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Dennis G. Kruse and 96-01916 Name of Respondent RAF Financial Corporation REPRESENTATION OF PARTIES Dennis G. Kruse ("Claimant") was represented by Philip E. Pankoif, Esq., Denver, Colorado. RAF Financial Corporation ("Respondent") was represented by Russell C. Burk, Esq., RAF Financial Corporation, Denver, Colorado. CASE IN

NASD REGULATION, INC, AWARD NASD REGULATION, INC. In the Matter of the Arbitration Between Name of Claimant Suppes Securities, Inc. 96-01915 Name of Respondents Nationwide Securities Corporation d/b/a Nationwide Securities, Inc. REPRESENTATION For Claimant, Suppes Securities, Inc. ("Claimant"), appeared Andrew Zeitlin, Esq., of the law firm Tenzer Greenblatt located in New York, New York. For Respondent, Nationwide Securities Corporation

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant William B. Kirtland 96-01912 Name of Respondents Dean Witter Reynolds Inc. John Maccoll CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on May 3, 1996 Claimant, William B. Kirtland ("Claimant"), through his representative Mary Ann Waterman, Esq.. a sole practitioner, located in Detroi

N.A.S.D. REGULATION, INC. STIPULATED AWARD In the Matter of the Arbitration Between Name of Claimant A.G. Edwards & Sons, Inc. vs. 96-01896 Name of Respondent Spencer W. Graham, II REPRESENTATION For Claimant A. G. Edwards appeared William Port, Esq. in house counsel with A.G. Edwards located in St. Louis, Missouri. Respondent Spencer Graham appeared pro se. CASE INFORMATION Statement of Claim filed: April 29, 1996 Claimant's Sub

N.A.S.D. REGULATION AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS REGULATION, INC. In the Matter of the Arbitration Between Name of Claimants Edward F. & Barbara D. Borden 96-01895 Name of Respondent PC Financial Network, Donaldson Lufkin & Jenrette Securities, Inc. REPRESENTATION Claimants Edward F. Borden, Jr. and Barbara D. Borden ("Claimants") were represented by Edward F. Borden, Esq., Princeton, NJ. Respondent PC Financial Netwo

NASD REGULATION, INC. AWARD In the Matter of the Arbitration Between Name of Claimant T. Vanessa Robinson, Executor for Estate of Ruth M. Maxwell Case No. vs. 96-01886 Names of Respondents Buttonwood Securities, Inc. Edward A. McKay, Jr. REPRESENTATION For Claimant T. Vanessa Robinson ("Claimant") appeared Susan N. Perkins, Esq., a private practioner located in New York, New York. Respondent Buttonwood Securities, Inc. ("Buttonwood")