Award NASD Dispute Resolution In the Matter of the Arbitration Between: Names of the Claimants James W. Kellstrom Jane M. Kellstrom Names of the Respondents Berthel, Fisher & Company Financial Services, Inc. Max L. Conde Case Number: 03-04298 Hearing Site: Little Rock, Arkansas Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES For James W. Kellstrom and Jane M. Kellstrom, hereinafter collecti

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name nf the Plaimants f^se Number 03-04296 Charles and Ester Holupka Name of the Respondents: Hearing Site- Pittsburgh, PA PNC Brokerage Corp. Steven A. Greene Nature of the Dispute: Customer vs. Member and Associated Person REPRESENTATION OF PARTIES Claimants, Charles and Ester Holupka , hereinafter collectively referred to as "Claimants", were represented by Vicki Kuft

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 03-04295 Raynor Grant, Claimant v. Morgan Stanley DW Inc. and Michael Shor, Respondents. ATTORNEYS: For Claimant, Raynor Grant, ("Claimant"), appeared Laurie Shelton, Bethany Beach, DE. Respondents, Morga^ Stanley DW Inc. and Michael Shor, (collectively "Respondents") appeared through their in-house counsel Keith Guilfoyle, Esq., New York, NY. NATURE OF DISPUTE: Customer v. Member and Associate

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 03-04294 Dorsey & Company, Inc., Claimant v. Jaime Antonio Flechas, Respondent. ATTORNEYS: For Claimant, Dorsey & Company, Inc., ("Claimant"), appeared its Senior Vice President Raymond A. Thompson, New Orleans, LA. Respondent, Jaime Antonio Flechas, ("Respondent"), did not submit a response to the Statement of Claim. NATURE OF DISPUTE: Member v. Associated Person DATE FILED: June 12, 2

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Xinang Chen (Claimant) v. Schonfeld Securities, LLC (Respondent) Case Number: 03-04292 Hearing Site: New York, New York Nature of the Dispute: Associated Person vs. Member. REPRESENTATION OF PARTIES Claimant Xinang Chen ("Chen") hereinafter referred to as "Claimant" appeared pro se. Respondent Schonfeld Securities, LLC ("Schonfeld") hereinafter referred to as "Respondent": Marc

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Names of the Claimants Case Number: 01-01447 Emmett A. Herring, Jr. and Elaine H. Litschgi as Co-Trustees and Beneficiaries of the Emmett A. Herring, Jr. Revocable Trust Dated 12/27/91 Names of the Respondents Hearing Site: Tampa, FL Merrill Lynch, Pierce, Fenner & Smith, Inc. Melanie A. Graibus n/k/a Melanie A. Rudolph Lawrence R. Adams Nature of the Disp

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Golden Integrity Henry Blodge , Inc. (Claimant) v. Merrill Lynch, Pierce, Fenner & Smith, Inc., and (Respondents) Case Number: 03-04291 Hearing Site: New York, NY Nature r-f the pispute: Customer vs. Member and Associated Person REPRESENTATION OF PARTIES Claimant Gol Gopstein, Esq Respondent M Fenster, Esq., Esq., Bressler den Integrity, Inc., her

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Linda Thomas Wololsey The Estate of lamps and Name of Respondents Raymond James Reginald Carr Rode: Fjnancial Services, Inc. TS, Jr. as Personal Representative for L. Thomas 03-04284 Nashville, Tennessee Nature of the Dispute: Customer vs. Member and Associated Person The Estate of Jam Offices of Paul W. REPRESENTATION OF P

STIPULATED AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Names of Claimants Donald and Lila Alpin and Names of Respondents Sigma Financial Corporation, Michael J. Hoffman, Michael J. Brooks, and Jerome S. Rydell Case Number: 03-04283 Hearing Site: Detroit, Michigan NATURE OF CASE Customers v. Member and Associated Persons REPRESENTATION OF PARTIES Donald and Lila Alpin ("Claimants") were represented b

STIPULATED AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Claimant Douglas Fox and Case Number: 03-04280 Hearing Site: Detroit, Michigan Respondents FSC Securities Corp., and David J. Yankovich NATURE OF CASE Customer v. Member and Associated Person REPRESENTATION OF PARTIES Douglas Fox ("Claimant") was represented by Anthony V. Trogan, Esq., and Lysa Postula- Stein, Esq., Law Offices of Anthony V. Trogan,