N.A.S.D. AWARD N&TICNAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration fietoreen Claimant(s) 90-02842 and SHEARSQN LEHMAN BROTHERS, INC. f/k/a SHEARSCN LEHMAN HOTTCN, INC. and M.E. "DOC" COOK Respondent (s) 9 Claimant Janes H. Oliver was represented by John K. Eggers, Esq. of Abe & Fox, Chicago, Illinois. Respondents Shearson Lehman Brothers, Inc. f/k/a Shearson Lehman Button, Inc. and H.E. "Doc" Cook were represe

N.A/5.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between PtTBtFC Qf James S . Zigmont 90-02838 Name of Respondent Chris Elder For Claimant James 3. Zigmont: appeared Pro Se. For Respondent Chris Elder: Patrick James, Esq. of the Law Firm of Hopkins & James, P. A. CRSB TWPORMKTION Statement of Claim filed: October 11, 1990. Claimant's Submission Agreement signed on October 5, 1990. Amended

Arbitration tf.A.S.D. AWARD p.) NATIONAL. ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant (s) Stephen Jaeger 90-02836 Name of Respondent (s) Alex. Brown & Sons, Inc. Robert LeBeau National Association of Securities Dealers, Inc. NASD Financial Center 33 Whitehall Street New York, N.Y. 10004 FAX (212) 858-4389 For Claimant: Thrmas P. MsKeown, Esq. of Bonistalli & McKeown

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of C. Kenneth Carlson ty David Carlson , 90-02832 Painefrfebber, Inc. Matthew Yonaily For Claimant: Andrew J. Kinstler, Esq., of Helsell, Fetterman, Martin, and Hofcanson For Respondents: Judy Louie, Esq. of PaineWebber, Inc. Statement of Claim filed: October 11, 1990 Claimant's Submission Agreement signed on: January 24, 1991 Stat

N.A.S.D. AWARD NXTICNftL AflSfYTraTrrw OF SECDRITIES DEALERS In the Matter of the Arbitration Between Of Carol Ford NASD Arbitration No. 90-02829 of Resoonripnt PmrlFTiHal-Bache Securities, Inc. Charles G. Salisbury Frucc ScCuriLicaS Coipoiacicai Tbe Prudential Tngitr-anc 0 Ccnpany Badri Gleason For dainant: Jeffrey M, Jones, Esq. - law Office of Archibald M. Mall, IH, Sacramento , California For Respondents, p^Hon-Ma

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Name of Claimant Leila Levinson -^n _ and 90-02827 Name of Respondents Choice investment Products, Inc., Forde D. Me Williams and Michael G. Acurf REPRESENTATION OF PARTIES Claimant Leila Levinson was represented by Patrick Lanier, Esq., Austin, Texas. Respondent Choice Investment Products, Inc. was represented by James S. Kaigin.

N.A.S.D AKHu:uvrixii OP SBCDBHIES Ufa I I Mr- Q£ t-lna a-r*Yii-rai"irn and 90-02825 Brian GoldsMorthy, Young, &ti.t3i & Peacock, Xac*, Prudential -Bache Securities, IDC. eg Claimant Angela Barton appeared and was represented by Frank Lewis, Esq. of langerman Begam Lewis & £&rks, Phoenix, Arizona. Respondent PrwtonHai -H»rf» appeared and was represented by Carlos Ricca, Esq. of Prudential -Bache, Hew York, New York. Young, Smith & Peacock, In

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between ; r Erna R. Tallman r Claimant ; CASE fr90-02820 vs. ; AWARD r Merrill Lynch, Pierce, Fenner & Smith, Inc. ; Ray Morton ; / Respondents ; CASE 5UMMAKY Claimant Erna R. Tallman, pro se, in a claim filed with the National Association of Securities Dealers, Inc. on October 10, 1990, alleged that Respondents Merrill Lynch, Pierce, Fenner

N.A.S.D. NATIONAL ASSOCIATION OF SECURITIES DEAI£RS In the Matter of the Arbitration JEANNE RALPH and PAINEWEBBER, INC. Claiitant ARBITRATION-CHICAGO Respondent Claimant was represented by T. Tarry Beasley f II, Esq. of Maiphis, Tennessee. Respondent was represented by Edward G. Werner, Esq. of PaineWebber, Inc. p New York f New York. In a Statement of Claim filed with the National Association of Securities De

V N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between) ) Name of Claimant(s] ) ) Douglas & Denise DeRocker ) ) ) ) Name of Respondentfs1 ) ) Charles Schwab & Company, Inc. ) Case No. 90-02817 Claimants, Douglas R. and Denise L. DeRocker ("the DeRocfcsrs"): were pro se. For Respondent, Charles Schwab & Co., Inc. ("Schwab"): Walter Schieman of Charles Schwab. Statement