N.A.S.D. REGULATION, INC. AWARD CASE: 98-00298 Roy Spaulding, claimant vs. Pacific Brokerage Services, Inc., respondent. ATTORNEYS: Claimant appeared Pro Se, - San Mateo, CA. For respondent appeared Michael Demma - Beverly Hills, CA. DATE FILED: 1/23/98 CASE SUMMARY: Claimant alleged failure to place correct option order. Claim Data Award Data Claim: $2,850.00 Award: $837.50 Filing Fees: $.00 Filing Fees: $.00 Other: $.00 Other: $.00 AWA

Award NASD Regulation, Inc. In the Matter of the Arbitration Between Name of Claimant *• , The Nancy A. Bowea Trust Case No- 98-00297 Name of Respondent Peter Liounis REPRESENTATION OF PARTIES Claimant Tne Nancy A. Bowen Trust ("Claimant") was represented by John C. Bowen, A Trustee of the Trust, Huntingdon Valley, PA. Respondent Peter Uounis (^Respondent") did not appear in this matter. -< ; c r: -^ CASE INFORMATION Statement of

AWARD NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between David F. Zupke, Trustee of the Maria Zupke Revocable Living Trust and 00-05426 Southfield, Michigan Michigan Securities, Inc., and Raymond L Aretha REPRESENTATION OF PARTIES David F. Zupke, Trustee of the Maria Zupke Revocable Living Trust ("Claimant") was represented by Anthony V. Trogan, Esq., West Bloomfield, Michigan. Claimant was acting pro se until on or about

NASD REGULATION, INC. AWARD In the Matter of the Arbitration Between Names of Claimants Katherine A. Pisaneschi Katherine A. Pisaneschi Trust vs. Case No. 98-00294 Names of Respondents Olde Discount Corporation (a/k/a Olde & Co., Incorporated) Edward A.Tracy REPRESENTATION For Claimants Katherine A. Pisaneschi ("Pisaneschi") and Katherine A. Pisaneschi Trust (collectively "Claimants") appeared Roger Wise, Esq. of the firm Heintzman,

Award NASD Regulation, Inc. In the Matter of the Arbitration Between: Lawrence F. and Mary E. Chiappetta, (Claimants) vs. Marco Luca Celentano, (Respondent). Case Number: 98-00291 Hearing Site: New York, New York REPRESENTATION OF PARTIES Claimants, Lawrence F. and Mary E. Chiappetta (collectively "Claimants") appeared pro se. For Respondent Marco Luca Celentano ("Respondent") appeared John E. MacDonald, Esq., Stark & Stark, Princeton, New Jersey. C

AWARD NASD REGULATION, INC In the matter of the Arbitration Between Name of ClaimantCs) Michael E. Mitchell Jennifer J. Mitchell Name of Respondent(s) J.B. Oxford & Company Rick White v. Arbitration No. 98-00289 For Claimants: For Respondents: REPRESENTATION Michael E. Mitchell Fremont, California Jeffrey S. Kob, Esq. Cynthia M. Schleindl, Esq. Miller, Milove & Kob San Diego, California CASE INFORMATIO

NASD Regulation, Inc. Office of Dispute Resolution Arbitration No. 98-00285 Award Page 1 ofjj^ NASD Regulation, Inc. Arbitrator Award In the matter of the Arbitration Between Name of Claimants National Restaurant Coordinators Inc. and Duane Johnson v. 98-00285 Name of Respondents Foster Jeffries Securities, LLC, Robert Steven Thomas, George M. Greco, Jr., and Steven L. Karno REPRESENTATION OF PARTIES For Claimants, Nation

N.A.S.D. REGULATION, INC. AWARD CASE: 98 - 00282 Melissa M. Price, claimant vs. U.S. Clearing Corp. and Discover Brokerage Direct, respondents. ATTORNEYS: For claimant appeared Max Olim, Esq., - Atlanta, GA. For respondents appeared Judith Rosenberg, Esq., - San Francisco, CA. DATE FILED: 1/22/98 CASE SUMMARY: Claimant alleged failure to properly notify claimant of its margin call, and failure to abide b> its margin call. Claim Data Award Data

Award NASD Regulation, Inc. In the Matter of the Arbitration Between; Kass Schwin, Joan P. Myers, and Rudolph C. Luca and Angelina V. Luca, Joint Tenants in Common, Claimants vs. Elliot Krause Adler, Respondent. Case Number: 98-00281 Hearing Site: San Francisco, CA REPRESENTATION OF PARTIES Claimants, Kass Schwin, Joan P, Myers, and Rudolph C. Luca and Angelina V. Luca, Joint Tenants in Common, (hereinafter collectively referred to as "Claimants)": Jenn

AWARD NASD REGULATION, INC. In the matter of the Arbitration Between Name of Claimants Abdullah and Shahida Haroon v. Name of Respondents Klein, Maus and Shire, Inc., David Heredia, Mohammad Ali Khan, and William Triebel Arbitration No. 98-00278 REPRESENTATION For Claimants: For Respondents Klein, Maus and Shire, Inc., David Heredia, Mohammad Ali Khan, and William Triebel: Jonathan W. Evans, Esq. Jonathan W. Evans and