N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant(s) Lisa A. Powell 96-00766 Name of Respondent(s) Linsco/Private Ledger Corp. Guy L. Bassini REPRESENTATION For Claimant Lisa A. Powell ("Powell"): Russell Forkey, Esq. of the law office of Russell Forkey, Esq., Ft. Lauderdale, FL. For Respondent Linsco/Private Ledger Corp. ("Linsco"): David M. Freniere, Esq. of Linsco,

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants Solomon and Harriet T. Klotz 96-00765 Name of Respondents Duke & Company, Inc. Lawrance A. Rosenberg Eugene Klotsman REPRESENTATION For Claimants: Lawrence M. Philips, Esq., New York, NY. For Respondent Duke & Company, Inc. ("Duke"): Steven R. Popofsky, Esq. of the law finnr of Gersten, Savage, Kaplowitz & Cuitin, LLP,

AWARD NASD REGULATION, INC., OFFICE OF DISPUTE RESOLUTION In the Matter of the Arbitration Between Name of Claimants Thomas Sarelas and Valerie Sarelas 96-00764 Name of Respondents Olde Discount Corporation; Alan Rosenberg REPRESENTATION For Claimants: Thomas Sarelas and Valerie Sarelas ("Sarelas") were represented by J. William Holland, Esq. of Holland & Holland, located in Chicago, Illinois. For Respondents: Olde Discount Corporation (

AWARD NASD Regulation, Inc. Office of Dispute Resolution In the Matter of Arbitration Between Stanley and Leonora J. Thayer, Claimants, and No. 96-00763 Michael Lee Cooperstock, T.I. Investments, Inc., and Prudential Bache Securities, Respondents REPRESENTATION OF PARTIES Claimants Stanley and Leonora J Thayer ("Claimants") were represented by Anthony V Trogan, Jr., Esq. of Weisman, Trogan, Young & Schloss located in Bingham Farms, Michi

AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS REGULATION, INC. In the Matter of the Arbitration Between Names of Claimants Edgar H. and Virginia P. Bedweli as Trustees for the Bedwell Family Revocable Trust Edgar H. and Virginia P. Bedwell as Trustees for the Betty B. Fredericks Trust and/or Edgar H. Bedwell as Personal Representative for the Estate of Betty B. Fredericks 96-00757 Names of Respondents J.W. Charles Securities, Inc.

M.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS. INC In the matter of the Arbitration Between Name of Claimant fs) Valley NASD Arbitration No. 96-00753 Name of Respondent ( s ) Gerald H. Burchard Burchard Investment Group Round Hill Securities, Inc REPRESENTATION For Claimant: Peggy Ann Valley, Danville, California For Respondents: Thomas E. Mulvihill, Esq., Low, Ball & Lynch, Redwood City, California CASE INFORMATI

AWARD NASD Regulation, Inc. Office of Dispute Resolution In the Matter of Arbitration Between Southwest Securities, Inc., Claimant and Counter-Respondent, and No. 96-00605 David D. Dellinger, Respondent and Counter-Claimant. REPRESENTATION QFLPARTTES Claimant, Southwest Securities. Inc., was represented by Will S, Montgomery, Esquire of Jenkens & Gilchrist, located in Dallas, Texas. Respondent, David D. Dellinger, was represented by Paul R.

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants R.J. & E.A. O'Brien 96-00601 Name of Respondents Prudential Securities, Inc. Robert Tiller REPRESENTATION For Claimants: Jeffrey P. Coieman, Esq. of the law firm of Bonner, Hogan & Coleman, P. A,, Clearwater, Florida. For Respondent Prudential Securities, Inc. ("Prudential"): Mark J. Happe, Esq. in- house counsel at Pr

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Eleanor Bralver, Claimant v. Cal Fed Investments and Diana C. Reyes, Respondents Case Number: 00-05397 Hearing Site: Los Angeles, California REPRESENTATION OF PARTIES For Claimant Eleanor Bralver: Stephen J. Riggs, Esq. Brady, Riggs & Ford Pasadena, California For Respondents Cal Fed Investments and Diana C. Reyes: Douglas J. Rovens, Esq. Rovens, Lamb & Gase, I.JLP

NASD REGULATION AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS REGULATION In the Matter of the Arbitration Between of Claimant Peter M. Ferraro 96-00600 Jed Chniara Greg R. Stuart G. R. Stuart £ Company REPRESENTATION Claimant Peter M. Ferraro ("Claimant") was represented by Richard W. Drury, Esq. and Alexander R. McMullen, Esq., McMullen, Drury & Finder, Towson, MD. Respondent Jed Chmara {"Chmara") was represented hy Joseph P. Carmich