N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Rosemary L. Price 92-01877 Name of Respondents Merrill Lynch Pierce Fenner & Smith, Inc. Bruno Mario Di Giorgi REPRESENTATION For Claimant Rosemary L. Price ("Claimant"); Charles E. Dunlap, Esq., a sole practitioner. For Respondents Merrill Lynch Pierce Fenner & Smith, Inc. ("MLPFS") and Bruno Mario Di Giorgi ("Di Giorgi")

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Gerald Gordon 92-01873 Name of Respondent s Gruntal& Co., Inc. Gideon Evans REPRESENTATION For Claimant: Gerald Gordon appearing pro se. For Respondents: Eric S. Hutner, Esq. of Gruntal & Co., Inc. CASE INFORMATION Statement of Claim filed: June 3, 1992 Claimant's Submission Agreement signed on: May 27, 1992 Rep

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Richard Spaulding, Claimant v. Prudential Equity Group, Inc. f.k.a. Prudential Securities Inc. and Gene Soss, Respondents Case Number: 01-00912 Hearing Site: Los Angeles, California Nature of the Dispute: Customer v. Member and Associated Person REPRESENTATION OF PARTIES For Claimant: Robert A. Graham, Jr., Esq. Law Offices of Robert A. Graham, Jr. Grants Pass, Or

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. CASE #92-01865 AWARD In the Matter of the Arbitration Between William A. Horn Claimant vs. First Potomac Investment Services, Inc. Respondent CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on June 3, 1992, Claimant Wallace A. Horn, who appeared Pro Se, alleged that Respondent First Potomac Investment Services, Inc. allowed him to buy $20,000.00

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Claimant David Stratman 92-01862 Respondents Memll Lynch. Pierce, Fenner &. Smith. Inc. Karen Bard; John E. Blackmon REPRESENTATION For Claimant: David Stratman appeared pro se. For Respondents: Memli Lynch, Pierce, Fenner and Smith, Inc., Karen Bard and John E. Blackmon were represented by Joseph L. Hood. Esq. of Scott, Hulse, Marshall

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants) Paul Lowe Lisa Lowe NASD Arbitration No. 92-01858 Name of Respondents) PaineWebber, Inc. James Rydell Don Rauscher John Futrell REPRESENTATION For Claimants: William O. Voy, Esq., Las Vegas, Nevada For Respondents: Scott M. Ratchick, Esq., PaineWebber, Inc., Los Angeles, California CASE INFORMATION

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Kurt Bronner Rosalie Bronner NASD Arbitration No. 92-01857 Name of Respondents Yaeger Securities John Barrett Norma Yaeger REPRESENTATION For Claimant: Robert M. Roth - Investors Arbitration Services, Inc. For Respondent: H. Tom Fehn, Esq.- Fields, Fehn & Sherwin - Los Angeles, California CASE INFORMATION

N.A.S.D, AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Timothy C. Wolfgang 92-01856 Name of Respondents Bear Stearns & Company Brad C. Brooks REPRESENTATION For Claimant Timothy C. Wolfgang ("Claimant"): Alan D. Wingfield, Esq. of the law firm of Mays & Valentine For Respondents Bear Stearns & Company ("Bear Stearns") and Brad C. Brooks ("Brooks"): William C. Mallery, Assoc

NASD Arbitration No.92-01855 N.A.S.D. AWARD NATTONAT ASSOCTATTON OF SECURTTTFS nF.AT.FRS. INC. In the matter of the Arbitration Between Name of Claimant Condominium Connection Name of Respondents Prudential Securities Incorporated Brian Caramadre REPRESENTATION For Claimant: Samuel Krane, Esq., Krane & Smith, Encino, California For Respondents: Patricia Fitzpatrick, Esq., Prudential Securities, Incorporated, New York, New York CA

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Name of Claimant Jo R. Truly -- and 92-01854 Name of Respondents JPJ Investments REPRESENTATION OF PARTIES Claimant Jo R. Truly ("Claimant") was represented by Jerald R. Harper, Esq. of Cook, Yancey, King & Galloway, Shreveport, LA. Respondent JPJ Investments ("Respondent") was represented by John S, Odom, Jr., Esq, of Comegys, Lawren