Arbitration N.A.S.D. AWARD National Association of Securities Dealers, Inc. _____ __ NASD Financial Center NATIONAL ASSOCIKTICN OF SECURITIES DEALERS 33 Whitehall Street _ New York, N.Y. 1 0004 In the tfetter of the Arbitration Between FAX (212)858-4389 Of Robert & Geraldine Petrucelli 91-02976 Name of Respondents J.B* TTanaijor & CO. George Sirigotis Paul Gordon For Claimants Robert & Geraldine Petrucelli ("Petrucelli")

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Name nf the Claimant Case Number 00-04830 Diana B. Hubbard, Administrator of the Estate of Edward W. Hubbard, Jr. Name of the "Respondents Hearing Site: Richmond, VA Scott & Stringfellow, Inc. Laurence C Pettit, ffl OF PAPTTES Claimant Diana B. Hubbard, Administrator of the Estate of Edward W. Hubbard, Jr. referred to as "Claimant": Mark J. Krudys, Esq., Richmond, VA.

N.A.S.D. AWARD ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Katherine J. Smith 91-02972 Name of Respondents Joseph Valiceati John T. Moran Claimnt Katharine J. Smith ( "Claimant H > was represented by Dan Druz f £sq. of the law firm of Carron and Koffler. Respondent John T. Moran ("Moran") appeared pro se. Respondent Joseph Valicenti ("Valicenti") declared personal bankruptcy before the heari

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant(s) Arcadio Casillas 91-02967 Name of Respondent s) Cowen & Company Whale Securities, Co. REPRESENTATION For Claimant Arcadio Casillas: Michael G. Shannon, Esq. of the law firm of Cairo, Spanbock, Kastor & Cuiffo. For Respondent Whale Securities Co.: David Richan, Esq. of the law firm of Tenzer, Greenblatt, Fallen & Kapl

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In che Matter of ths Arbitration Between - - Name of Claimants Ruth Butler and Gregory Butler and 91-02966 Name of Respondents - •«-- Shearson Lehman Brothers, Inc. and Scott Sinclair REPRESENTATION OP PARTIES Claimants were represented by Timothy J. Schutz, Esq., of Hanes & Schutz, Colorado Springs, Colorado. Respondent Shearson Lehman Brothers, Inc. was represented by

Arbitration ® National Association of N.A.S.D. AWARD Securities Dealers, Inc. NASD Financial Center NMTCNBL ASSOdMTICN OP SELX1K1T1ES DEALERS 33 Whitehall Street New York, N.Y. 10004 FAX (212) 858-4389 In the Matter of the Arbitration Between Q£ Steven M. anrl Rebecca A. Schneider 91-02965 Name of Respondents Merrill Lynch Pierce Fenner & Smith Inc Keith A. Myers For Claimants; Michael C. Lemfce, Esq. of the law firm of MEYER, JE

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Boston International Student Services, Inc., (Claimant) vs. Whitehorae & Co., Ltd. and Alan H. Davidson, (Respondents) Case Number: 00-00498 Hearing Site: Boston, Massachusetts REPRESENTATION OF PARTIES Claimant, Boston International Student Services, Inc., hereinafter referred to as "Claimant": James L. Ackennan, Esq., Wadland & Ackerman, Andover, MA. Respondents, Whiteho

&«&.£oD* AWARD NATIONAL ASSOCTAT1CN OF SECURITIES DEALERS In the Matter of the Arbitration. Between of Albert & Alfhild Buctmarm 30-02246 ARBITRATION-CHICAGO NanoeofRe^DGixtents Securities Inc. and Bruce Scott For Claimant: Frank Lewis, Esq. of langeonan, Begam, Lewis & Marks, Arizcca. For Respcndents: Jesse B. Sinpscn, Esq. of Lewis and Boca, Phoenix, Arlzovu IliKJMBiTiJUM Statement of ClalTn filed: August 15, 1990. fln>iiri

N.A.S.D. AWARD NATIONAL ASSCCIATICN OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants John C. and Joan Lewis vs. NASD #90-02241 Name of Resnnnrjpnta Wedbush Morgan Securities Gary Feldman Joseph De Beaucbamp For Claimants: M. Nelson Segel, Esq., Las Vegas, Nevada For Respondents Wedbush Morgan Securities *nri Gary Feldman; Marie Kaftan, Wedbush Morgan Securities, Los Angeles, California. For Respondent

N.A.S.D. AWRRD NATIONAL ASSOCIATION OF SECURITIES DEALERS In -the Matter of the Arbitration Between Angelo & Lina Aquino 90-02237 Name of Dean Witter Reynolds, Inc. H. L. Glenn Chuck Strocnberg Brian Bower CP UAH 1 ! 1 ! Hfi Angelo and Lina Aquino were represented by Thomas L* Stahl, Esq. of Rodney, Dickason, Sloan, Akin & Rofcb, P.A., Albuquerque, NM. Dean Witter Reynolds, Inc., H.L. Glenn, Chuck Strcnfcerg, and Bria