NASD REGULATION AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS REGULATION In the Matter of the Arbitration Between Name of Claimant Hung Ching Du 96-00970 Name of Respondent Smith Barney, Inc. REPRESENTATION Tommy P. Baer, Esq., of the firm of Canfield, Moore, Shapiro, Sease & Baer, Richmond, Virginia, represented Hung Ching Du ("Claimant") at the hearing. Etta M. Gumbs, Esq., a Vice President of Smith Barney, Inc., represented Smith Barne

4 1 NASD REGULATION, INC. AWARD NASD Regulation, Inc. In the Matter of the Arbitration Between Name of Claimants') Paul F. and Anne M. Fondacaro Paul F. Fondacaro 96-00968 Name of Respondent(s) Beacon Securities, Inc. Andrew Cohen Gary Donahue REPRESENTATION For claimants Paul F. and Anne M. Fondacaro ("Claimants") appeared Jeffrey Plotkin, Esq., of Plotkin & Manak, located in New York, New York. Respondent Beacon Securit

NASD Arbitration No. 96-00966 N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEAT.FT^. TNC In the matter of the Arbitration Between Name of Claimants'} Pessis Family Trust Name of Respondents) Sutro & Co., Inc. and Harrison Lee REPRESENTATION For Claimant: Michael A. Bertz, Esq. Los Angeles, California For Respondents: Michael L Abbott, Esq. Jones, Bell, Simpson, Abbott, Fleming & Taylor Los Angeles, California CASE IN

N.A.S.D. REGULATION AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS REGULATION, INC. In the Matter of the Arbitration Between Name of Claimant Richard F. Dawahare, POA/Woodrow W. Dawahare Name of Respondents Dean Witter Reynolds Inc. Smith Barney, Inc. Adam Spencer 96-00965 REPRESENTATION Claimant Woodrow W, Dawahare ("Claimant") was represented by William W. Alien, Esq. And Stephen P. Stoltz, Gess Mattiagly & Atchison, Lexington, K

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Edwin A. Dahle 96-00964 Name of Respondents Merrill Lynch Pierce Fenner & Smith Inc Samuel Turvey REPRESENTATION For Claimant, Edwin Dahle ("Claimant"), appeared Thomas P. Liptock of the law firm Gunnoe & Associates located in Centerville, Ohio. For Respondents, Merrill Lynch, Pierce, Fenner and Smith, Inc. ("Merrill Lynch"

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant(s) Michael L, Dobison 96-00963 Name of Respondents) Josephthal Lyon & Ross Inc. Rodney Sailor REPRESENTATION For Claimant Michael Dobison ("claimant") appeared Edward H. Saunders, Esq. of the law firm Page & Bacek located in Atlanta, Georgia. For Respondent Josephthal Lyon & Ross, Inc. ("Josephthal") appeared Robert G. Brun

N.A.S.D. FINAL ORDER NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Ann F. Grossi 96-00959 Name of Respondent Dillon Securities, Inc. Reich & Co., Inc. Thomas Dillon Removed for Bankruptcy Carl Reich REPRESENTATION Claimant Ann F. Grossi appeared Pro Se. Respondents Reich & Co., Inc. and Dillon Securities, Inc. did not enter appearances at the pre-hearing conference. For r

NASD REGULATION, INC. In the Matter of the Arbitration Between Name of Claimants Nicholas & Catherine Rago 96-00958 Name of Respondents David Lerner Associates George Villas! REPRESENTATION For claimants Nicholas & Catherine Rago ("claimants") appeared Seth I. Ben-Ezra, Esq., of the Law Offices of Steven J. Goldstein, Esq. located in Jericho, New York. For respondents David Lerner Associates ("Lerner") and George Villasi ("Villasi") appeared

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between Bruce A. Murray & Doris M. Murray Case No. 01-01 159 Edward D. Jones & Co. L.P.; Greg A. Reinhold ring Site: Indianapolis, Indiana. OF PRTTFS Claimants Bruce A. Murray and Doris M. Murray were represented by David C. Campbell, Esq: of Bingham McHale, LIP, located in Indianapolis, Indiana. ' : Respondent Edward D. Jones & Co. L.P. ("Jones") was represented by William

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Marty Moser 96-00952 Name of Respondents Kevin Callahan Metropolitan Life Insurance Company REPRESENTATION For Claimant: Michael Moran, Esq., Sarasota, FL. For Respondents: Allen I. Fagin, Esq. of the law firm of Proskauer Rose Goetz & Mendelsohn, LLP, New York, NY. CASE INFORMATION Statement of Claim filed: March 4