Award NASD Dispute Resolution In the Matter of the Arbitration Between: United Capital Markets, Inc., Claimant v. Gregory G. Jayson, Respondent Gregory G. Jayson, Counter-Claimant v. United Capital Markets, Inc., Counter- Respondent Case Number: 05-05937 Hearing Site: Los Angeles, California Nature of the Dispute: Member v. Associated Person Associated Person v. Member REPRESENTATION OF PARTIES For Claimant/Counter-Respondent United Capital

Amended Award NASD Dispute Resolution In the Matter of the Arbitration Between: La Verne P. Hawthorne, Claimant v. Merrill Lynch, Pierce, Fenner & Smith Incorporated and William L. Kopenhaver, Respondents Case Number: 05-03125 Hearing Site: Seattle, Washington Nature of the Dispute: Customer v. Member and Associated Person REPRESENTATION OF PARTIES For Claimant La Verne P. Hawthorne: Carl J. Carlson, Esq. Carlson & Dennett, P.S. Seattle, Washing

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Ann M. Classman, A M Classman Trust U/A/D 12/23/91, and Ray Classman, Claimants v. Citigroup Global Markets, Inc. and David E. Lin, Respondents Case Number: 06-01180 Hearing Site: Los Angeles. California Nature of the Dispute: Customers v. Member and Associated Person REPRESENTATION OF PARTIES For Claimants: Bruce R. Corbett, Esq. Corbett, Steelman & Specter Irvine, Californ

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Craig D. Takahashi, Claimant v. Penson Financial Services, Inc., Synergy Investment Group, LLC, Timothy John Bain, Jeffrey Dean Jones, Christopher Joseph Palladino, Eric Christopher Sides, Mark Christopher Wesley, Times Securities, Inc., and Stephanie Pey Chooi, Respondents Case Number: 05-04302 Hearing Site: Los Angeles, California Nature of the Dispute: Customer v. Members and

Award NASD Dispute Resolution In the Matter of the Arbitration Between: George J. Dahl, Claimant v. RBC Dain Rauscher Inc., Respondent RBC Dain Rauscher Inc., Counter-Claimant v. George J. Dahl, Counter-Respondent Case Number: 05-04487 Hearing Site: Los Angeles, California Nature of the Dispute: Associated Person v. Member Member v. Associated Person REPRESENTATION OF PARTIES For Claimant and Counter-Respondent George J. Dahl (hereinafter re

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Peter J. Wiese and Laurel J. Rakestraw individually, jointly and as Trustees of the Wiese-Rakestraw Charitable Remainder Unitrust and the Wiese- Rakestraw Trust, and Mark Wiese as trustee of the Wiese-Rakestraw Life Insurance Trust, Claimants v. American Express Financial Advisors, Inc., Steven R. Peabody, and Gary D. Jurden, Respondents Case Number: 04-05287 Hearing Site: Portland,

N.A.S.O. AHftRD NATIONAL ASSOCIATION OF SECURITIES DEALERS Arbitration National Association of Securities Dealers, Inc. One East Broward Boulevard Suite 1000 R. Lauderdale, Rorida 33301 (305) 522-7391 In the Matter of the Arbitration Between: Name of Claimantfs^ First Union Brokerage Services, Inc. Name of Respondent's^ Rebecca Silbovitz CASE 188-00109 Heard before the members of the Arbitration Panel: Mean Dell Rothman T

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between FIRST UNION DISCOUNT BROKERAGE SERVICES, INC., vs. GEORGE SCHACHTER, Claimant, Respondent. Case 188-00106 Award Heard before the members of the Arbitration Panel: Arnold Y. Steinberg, Virginia Rhyne Douglas Delanoy, Jr. Esq. CASE SUMMARY This claim was filed with the NASD. Inc. on January 12. 1988. The hearing was conducted in Fo

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between MICHAEL S. FLEISHER vs. BROOKS, WEINGER, ROBBINS & LEEDS, INC. Claimant Respondent ) ) Case #88-00101 Award On April 11, 1989, the undersigned arbitrators heard the controversy between the parties as set forth in submissions to arbitration signed by Claimant, Michael S. Fleisher on January 8, 1988. Brooks, Weinger, Robbins & Leeds, Inc. did not

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between ) Frederick and Margaret Armellino, JTTEN, ) Claimants ) Case #88-00081 vs. ) } Award Andrew Peck Associates, Inc., ) Respondent ) CASE SUMMARY Claimant, Frederick and Margaret Armellino, alleged that Respondent, Andrew Peck Associates, Inc., charged them a higher price to purchase 1,000 shares of Arrow Electronics, Inc. than the market price for th