NASD REGULATION, INC. FINAL ORDER In the Matter of the Arbitration Between Name of Claimant Steven A. Pfeifer 98-00181 Name of Respondent PaineWebber, Inc. REPRESENTATION For Claimant Steven A. Pfeifer ("Claimant") appeared Neal Brickman, Esq., a sole practitioner with offices located in New York, New York. : oAV es :.. For Respondent PaineWebber, Inc. ("Respondent") appeared Michael P. Enright, Esq. Assistant General Counsel and Corpora

mv.i7.i9S9 38 AWARD NASD Regulation, Inc. In the Matter of the Arbitration Between Name of Claimant Mary Margaret Hanes 98-00178 Names of Respondents Merrill Lynch, Pierce, Fenner & Smith, Inc. John Mark Wallach Richard Lede Marilyn O'Leary Crown Financial Associates, Inc. REPRESENTATION For Claimant: Russell L. Forkey, Esq. of Russell L, Forkey, P.A., Ft, Lauderdale, FL. For Respondent MerriJ Lynch, Pierce, Fenner & Smit

AWARD NASD Regulation, Inc. In the Matter of the Arbitration Between Names of Claimants Cecil O. Harrelson, Cecil O. Harrelson, IRA Betty S. Harrelson and Betty S. Harrelson, IRA 98-00175 Names of Respondents Aragon Financial Services, Inc. Clarence Lee Brown REPRESENTATION For Claimants: Jeffrey P. Coleman, Esq. of Coleman Law Firm, Clearwater, Florida. For Respondent Aragon Financial Services, Inc. ("Aragon"): Scott L. Warfman, Esq. of

Award NASD Regulation, Inc. In the Matter of the Arbitration Between: George Fassuliotis and Helen Fassuliotis, (Claimants) vs. Monroe Parker Securities, Inc., Alan Lipsky, Bryan Herman, Ralph Angeline, Richard S. Levitov, Steven Kiront, Dan Gillen, and Eric Gelfand, (Respondents) Case Number: 98-00174 Hearing Site: Charlotte, North Carolina REPRESENTATION OF PARTIES Claimants, George Fassuliotis and Helen Fassuliotis, hereinafter collectively referred

AWARD i NASD Regulation, Inc. CASE 98-00167 Harvey Rooks v. Investment Management and Research, Inc. ATTORNEYS; For Claimant: John C. Kelly, Esq. of Ackerman Link Sartory, West Palm Beach. Florida. For Respondent: Jamea D. Sallah, Esq. of Investment Management and Research, Inc.{"IMR M ), Si. Petersburg, Florida. DATE FILED; Statement of Claim filed: January 12, 1998. Claimant's Uniform Submission Agreement signed on; June 16, 1997.

N.A.S.D. REGULATION AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS REGULATION, INC. CASE: 98-00166 Rajeev Naik , claimant vs. LT Lawrence & Co., Inc., respondent. ATTORNEYS: For claimant appeared C. W. Austin Jr., PC - Richmond, VA. For respondent appeared RuthAnn G. Niosi, Esq. - New York, NY. DATE FILED: 1/13/98 CASE SUMMARY: Claimant alleged unauthorized trading and churning. Claim Data Claim: $8,698.29 Interest: 34% from 11/21/95 to 5/

N.A.S.D. REGULATION AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS REGULATION, INC. CASE: 98-00164 Gladys F. Judge, claimant vs. Steven Wallace, respondent. ATTORNEYS: Claimant appeared Pro Se. - Westchester, CA. Respondent appeared - Pro Se. - Beverly Hills, CA. DATE FILED: 1/13/98 CASE SUMMARY: Claimant alleged unpaid overtime. Claim Data Award Data Claim: $4,302.36 Award: $.00 Interest: Requested Interest: Denied Atty Fees: $.00 Art

AWARD NASD Regulation, Inc. In the Matter of the Arbitration Between Name of Claimant Jeff Raim, and J. Lynne Raim and 98-00153 Name of Respondent Duke and Company REPRESENTATION OF PARTIES JefF Raim, and J. Lynne Raim ("Claimants") were represented' by David Anson, Esq., of DeConcini, McDonald, Yetwin & Lacy, Tucson, Arizona. Duke and Company ("Respondent") was not represented, and failed to appear at the hearing. CASE INFORMATION

AWARD NASD Regulation, Inc In the matter of the Arbitration Between Name of Claimant(si Derek Rowley Corporate Service Center Universal Market Research, Inc. Arbitration No. 98-00151 Name of Respondentfs) HGI, Incorporated (formerly The Harriman Group), Marc A. Singer, Joseph J. Tuozzo, Mark Hanna, Bernice Lerner, Shane Ferras, Jeffrey Gray, Steven Palumbo, and Frank J. Casillo REPRESENTATION For Claimants: William P.

N.A.S.D. REGULATION, INC. AWARD CASE:98-00146 William Tinen and Suzanne Tinen, claimants vs. Olde Discount Corporation and Randy Risdon, respondents. ATTORNEYS: For claimants appeared Michael A. Childers, Esq., - Chicago, IL. For respondents appeared Thomas P. Fitzgerald, - Detroit, MI. DATE FILED: 1/12/98 CASE SUMMARY: Claimant alleged failure to execute trade, breach of contract and fiduciary duty, negligence, et al. Claim Data Award Data