CLAIMANT ALLEGED THAT THE FIRM FAILED TO PROPERLY CANCEL AN OPEN ORDER TO BUY 1000 SHARES OF DBCC ON JANUARY 12, 1999. CLAIMANT ALLEGED THAT 1000 SHARES OF DBCC WERE SOLD ON JANUARY 19,1999 WITHOUT HIS AUTHORIZATION. FIRM AND REP VEHEMENTLY DENIED ALLEGATIONS STATED IN THE CLAIM

$21,503.00

$30,000.00

CLAIMANT DISMISSED REPRESENTATIVE FROM THE CLAIM AND THE SETTLEMENT WAS ONLY BETWEEN THE FIRM AND THE CLAIMANT. IN THE CUSTOMER ARBITRATION, I WAS NAMED PERSONALLY ALONG WITH OTHER SENIOR OFFICERS OF THE FIRM. THE CASE INVOLVED PRICING DISPUTES ON UNSOLICITED ORDERS. I PERSONALLY HAD NO INVOLVEMENT SUPERVISORY OR OTHERWISE WITH THE PLACING, EXECUTION, CANCELLATION OR REPORTING OF ANY TRADE IN THIS CASE. THE CASE WAS RESOLVED BY THE FIRM. THE CASE AGAINST ME PERSONALLY WAS DISMISSED WITH PREJUDICE AND I TOOK NO PART IN ANY SETTLEMENT OR REWARD IN THIS CASE.

CLAIMAINTS ALLEGE THAT FIRM AND INDIVIDUAL FAILED TO PROPERLY CANCEL AN ORDER TO BUY 3000 SHARES OF EGGS ON 11/30/1998. CLAIMAINTS FURTHER ALLEGE THAT FIRM FAILED TO PROPERLY CANCEL AN ORDER TO BUY 1000 SHARES OF AMZN ON 1/13/1999. FIRM AND INDIVIDUAL DENIED ALLEGATIONS AND DENIED ANY COMPENSATORY DAMANGES. THE CLAIM WAS SETTLED TO AVOID THE VAGARIES OF ARBITRATION.

$100,000.00

$45,000.00

THE CASE AGAINST THE UNDERSIGNED WAS DISMISSED WITH PREJUDICE IN JUNE 2001 AND THE SETTLEMENT WAS ONLY WITH THE FIRM, NOT THE UNDERSIGNED. IN THE DEL PRETE ARBITRATION, I WAS NAMED PERSONALLY ALONG WITH OTHER SENIOR OFFICERS OF THE FIRM. THE CASE INVOLVED PRICING DISPUTES ON UNSOLICITED ORDERS. I PERSONALLY HAD NO INVOLVEMENT SUPERVISORY OR OTHERWISE WITH THE PLACING, EXECUTION, CANCELLATION OR REPORTING OF ANY TRADE IN THIS CASE. THIS CASE WAS RESOLVED BY THE FIRM. THE CASE AGAINST ME PERSONALLY WAS DISMISSED WITH PREJUDICE AND I TOOK NO PART IN ANY SETTLEMENT OR REWARD IN THIS CASE.