N.A.S.D. AWARD ASSOCTATICN OF SECURITIES In the Matter of the Arbitration Between Of C Camilla Louise Muriby 90-01054 of ReSPnnrtemt (3) PaineWebber Incorporated Richard P. Staley Doug Hall For daimant: Camilla Louise Muriby appeared pro se. For Respondents: PaineWebber Incorporated, Richard F. Staley and Doug Hall were rgprggented by Steven M. Greenbaum, Esq. of PaineWefcber Incorporated, Miami, Florida. CASE Statement o

ASSOCIATION OF SECURITIES DEALERS, INC>_ ln"the Matter of the Arbitration Among George and Mary Cicero, Giuseppe and Silvana Cicero, Carmine and Rose Danio f John J. and Gloria Dolmat Claimants AWARD vs - #90-01053 Emanuel and Company, Eric Emanuel, Neal Scott Respondents Heard before: Michael J. Shalley Public Arbitrator Richard H. Rosenblum Public ^^rator Barbara J. Glenns Industry Arbitrator CASE SUMMARY

N.A.S.D. ANAFD NKTIONRL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between George S. & Deborah M. Gottlieb Name Of Ttegrvi»rteni-;g| Thomas Lonergan In a claim filed with the National Association of Securities Dealers, Inc. ("NRSD") on April l f 1990 r Claimants George S. Gottlieb and Deborah M. Gottlieb alleged that Respondent Ttanas Lonergan misrepresented or failed to disclose the value of "penny" stocks in

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Jfatter of the Arbitration Between ) ) Name of Jack Friedlander, as Trustee for Jack ) Friedlander Trusts #2 and #3 ^ ) Lois Nichamin as Trustee of the ) Lois Nichamin Revocable Living Trust ) Larry Nichamin, as Trustee for the ) Larry Nichamin Trust ) Name of Respondent ( si ) ) Margaretten Securities Corporation ) James Ira Michelson ) Ellen Margaretten )

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between ) ) Name of Claimant(s) ) ) Jack Friedlander, as Trustee for Jack ) Friedlander Trusts #2 and #3 - ) Lois Nichamin as Trustee of the ) Lois Nichamin Revocable Living Trust ) Larry Nichamin, as Trustee for the ) I^rry Nichamin Trust ) ) ) Case Ifos. 90-Q] ) Name of Respondentfs^ ) ) Margaretten Securities Corporation )

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between John H. vs . Harold F Boenning Lorenz and Leo . Scattergood, & Scattergood, J, Lorenz Claimants Jr. , and Inc. Respondents X X X X X X X X X X CASE NO. x 90-01042 AWARD CASE SUMMARY Claimants, John H. Lorenz and Leo J. Lorenz ("Claimants"), alleged that Respondent Harold

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Jtetter of the Arbitration Between Name of Claimant Milton J. Merrick and 90-01041 Name of Resnonrten-t-s First Investors Corporation and David Wright In a claim filed with the National Association of Securities Dealers, Inc. ("NASD") on or about April 9, 1990, Milton J. Merrick ("Claimant") alleged that First Investors Corporation ("FIC") f David Wright ("Wright") and

N.A.S.D. AWWRD ASSOCIATION OF SECURITIES DEALERS la tbe Matter of the Arbitration Between Richard and Barbara. Sowards 90-01039 Wadbush, Morgan Securities> Inc. Joseph rrnnmn limit) Gary Feldtaan Claimant: M. Nelson Segal, Esq. For Respondent: James E. Rogers, Esq. - Riddell, Williams, Bullitt & Statanant of Claim filedi April 18, 1990 Joint Statement-of filed by R 4, 1990 WaJjuiih, Morgan Securities, Inc. and Gary Fttcta

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In. the Matter of the Arbitration Between Loretta A, Haack vs. Claimant AWARD f90-01G38 AWARD Merrill Lynch, Pierce, Fenner & Smith, Inc. Respondent CASE SUMMARY In a claim filed with the NASD on April 10, 1990 Claimant Loretta A. Haack alleged the Respondent misrepresented information regarding investments to her and failed to provide the Claimant with prospectuses, disclosure documen

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between Names of Claimants Estate of Margaret C. Torbert E.L. Torbert, Jr. and June Torbert JTTEN Case No, 00-04750 Names of Respondents Morgan Keegan & Company, Inc. Dean Morgan Paugh Hearing Site: Atlanta, Georgia REPRESENTATION OF PARTIES For the Estate of Margaret C. Torbert and E.L. Torbert, Jr. and June Torbert JTTEN, hereinafter collectively referred to as "C