NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 06-01000 Daren Silverstein, IRA, Andie Silverstein, Trust, Jason Silverstein, Trust and Jennifer Silverstein, Trust (Claimants) vs. Adam Saul Frankfort, (Respondent) ATTORNEYS: Claimants appeared pro se, North Caldwell, NJ. For Respondent appeared RBC Dain Rauscher Inc.'s in-house counsel, Patrick J. Howley, Esq., Florham Park, NJ. NATURE OF DISPUTE: Customers vs. Associated Person DATE

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 06-00911 Edward D. Jones & Co., (Claimant) vs. Thomas C. Schwab, (Respondent) ATTORNEYS: "~~ For Claimant appeared Christopher A. Pickett, Esq., of the firm Goldberg Wehrle, LLC. Respondent appeared pro $e, Ketterlng, OH. NATURE OF DISPUTE: Member v. Associated Person DATE FILED: February 22,2006 CASE SUMMARY: Claimant alleged that Respondent breached a contract by failing to repay moni

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between: Name of Claimant/Counter-Respondent Morgan Stanley DW, Inc. vs. Case Number: 06-00640 Hearing Site: St. Louis, Missouri Names of Respondents/Counter-Claimants/Third-Partv Claimants Timothy A. Guthrie, Thomas Mulherin, and Stifel, Nicolaus&Co., Inc. vs. Name of Third-Party Respondent Karl C. Walz NATURE OF THE DISPUTE Member vs. Associated Persons and Member

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 06-00413 Kristen Nicole and Thomas B. West, (Claimants) vs. Merrill Lynch, Pierce, Fenner & Smith, Inc. and William K. Williams, Jr., (Respondents) ATTORNEYS: For Claimants appeared Linda S. Pacer, Esq., of the firm Parkway Forest, Alpharetta, GA. For Respondents appeared in-house counsel Angela A. Turiano, Esq., New York, NY. NATURE OF DISPUTE: Customers v. Member and Associated Person

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Kenneth S. Jumper Names of Respondents BB&T Investment Services, Inc. Case Number: 06-00109 Hearing Site: Charlotte, North Carolina Nature of the Dispute: Associated Person vs. Member. REPRESENTATION OF PARTIES Kenneth S. Jumper, hereinafter referred to as "Claimant", appeared pro se. For BB&T Investment Services, Inc., hereinafter referred to as

* NASD Dispute Resolution . Arbitration No. 01-02382 Award Pase 1 Award NASD Dispute Resolution In the Matter of the Arbitration Between: nf tr^ r.lflim^K PflgpNnmhfir- 01-02382 Richard & Mary O'Neill nf foe Rpspnn^pnt^ Hiring ^itf Philadelphia, PA Merrill Lynch Pierce Fenner & Smith Inc Glenn W. Baumer OF-PARTIFS Claimants, Richard J. O'Neill and Mary E. O'Neill, hereinafter collectively referred to as '"Claimants": Edward Facke

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Case Number: 05-06509 Carole Bebout, individually, as Trustee/Beneficiary of the Carole Bebout IRA Rollover Name of the Respondent Hearing Site: Boca Raton, Florida Morgan Stanley Dean Witter, Inc. Nature of the Dispute: Customer vs. Member. REPRESENTATION OF PARTIES For Carole Bebout, individually, as Trustee/Beneficiary of the Carole Bebout IRA

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Henry Voskoboynik (Claimant) vs. Wachovia Capital Markets, LLC (Respondent) Case Number: 05-05820 Hearing Site: New York, New York Nature of the Dispute: Associated Person vs. Member. REPRESENTATION OF PARTIES Claimant Henry Voskoboynik, hereinafter referred to as ("Claimant"): Eva H. Posman, Esq., Law Office of Eva Posman, New York, NY. Respondent Wachovia Capital Markets, LLC,

Award NASD Dispute Resolution In the Matter of the Arbitration Between: UBS Financial Services, Inc. (Claimant) vs. Adam R. Ayers (Respondent) Case Number: 05-05625 Hearing Site: Columbus, Ohio Nature of the Dispute: Member v. Associated Person. REPRESENTATION OF PARTIES Claimant UBS Financial Services, Inc. hereinafter referred to as "Claimant": Jeffrey P. Newman, Esq., Davidson & Grannum, LLP, Orangeburg, NY. Respondent Adam R. Ayers hereinafter r

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Cari Lehman Grodner (Claimant) vs. First New York Securities L.L.C. (Respondent) Case Number: 05-05431 Hearing Site: New York. New York Nature of the Dispute: Associated Person vs. Member REPRESENTATION OF PARTIES Claimant Cari Lehman Grodner hereinafter referred to as "Claimant": Donald A. Derfner, Esq. and David P. Gillett, Esq., Derfner & Gillett, LLP, New York, NY. Responden