AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Names of Claimants Northland Securities, Inc. and Seth Kahn and Names of Respondents Doughtery & Company, LLC, and Jennifer J. Thompson Case Number: 06-00054 Hearing Site: Minneapolis, Minnesota NATURE OF DISPUTE Member Firm and Associated Person v. Member Firm and Associated Person REPRESENTATION OF PARTIES Northland Securities, Inc. ("Northland") and Seth Ka

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Bank of America Investment Services, Inc. and Name of Respondent Jose Enrique Garcia, Jr. Case Number: 06-00048 Hearing Site: Houston, Texas NATURE OF DISPUTE Member Firm v. Associated Person REPRESENTATION QF PARTIES Bank of America Investment Services, Inc. ("Claimant" or "BAI") was represented by Diane C. Fischer, Esq., Kane & Fischer, Ltd.

AWARD NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between Name of Claimants Southwest Securities, Inc. and SWS Financial Services, Inc. and 01-00637 Dallas, Texas Name of Respondents Gary N. and Mary Ann Rogers REPRESENTATION OF PARTIES Southwest Securities, Inc. and SWS Financial Services, Inc. ("Claimants") were represented by Corbet F. Bryant, Jr., Esq., Carrington, Coleman, Sloman & Blumenthal, Dallas ,Texas. Gary

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Prudential Equity Group, LLC and Case Number: 05-06646 Hearing Site; Houston, Texas Name of Respondent Thomas R. Griffin NATURE OF DISPUTE Member Firm v. Associated Person REPRESENTATION OF PARTIES Prudential Equity Group, LLC ("Claimant" or "Prudential") was represented by David W. Schmidt, Esq., Lubiner & Schmidt, Cranford, New Jersey. Thoma

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Peter Z. Sivere (Claimant) v. JP Morgan Securities, Inc. (Respondent) Case Number: 05-06587 Hearing Site: New York, New York Nature of the Dispute: Associated Person vs. Member. REPRESENTATION OF PARTIES Claimant Peter Z, Sivere ("Claimant"): Edward H. Glenn, Jr., Esq., Zamansky & Associates, LLC., New York, NY Respondent JP Morgan Securities, Inc. ("Respondent"): Jill L. Rosenb

CASE: 05-06395- Oppenheimer & Co., Inc., (Claimant) vs. Paul Carobini, (Respondent) ATTORNEYS: For Claimant appeared in-house counsel, Eric J. Shames, Esq., New York, NY, Respondent appeared pro se y TerryvilJe, CT. NATURE OF DISPUTE: Member v. Associated Person DATE FILED: December 14,2005 CASE SUMMARY; Claimant alleged that Respondent breached an employment contract by failing to repay monies pursuant to the terms of a Promissory Note. Claiman

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-06376 Edward G. Sable and Sharon C. Sable, (Claimant) vs. Salomon Grey Financial Corporation, Jonathan David Poland and Jason Michael Ganton, (Respondents) ATTORNEYS: Claimants appeared pro se, Marlboro, NJ. For Respondent Salomon Grey Financial Corporation ("SGFC") appeared Gary P. Barket, Esq., of The Law Offices of Gary P. Barket, P.A., Little Rock, AZ. Respondent Jonathan David Polan

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Joel Frost Names of the Respondents Bernard and Zelda Elinoff Case Number: 05-06283 Hearing Site: Boca Raton, Florida Nature of the Dispute: Associated Person vs. Customer. REPRESENTATION OF PARTIES For Joel Frost, hereinafter referred to as "Claimant": Peter J. Aldrich, Esq., Palm Beach Gardens, Florida. Bernard and Zelda Elinoff,

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-06089 David Lemer Associates, (Claimant) vs. Sean Carrington, (Respondent) ATTORNEYS: For Claimant appeared in-house counsel, Joseph C. Pickard, Esq., Syosset, NY. Respondent appeared pro se, Stony Point, NY. NATURE OF DISPUTE: Member v. Associated Person DATE FILED: November 23, 2005 CASE SUMMARY: Claimant alleged that Respondent breached an employment contract by failing to repay m

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Wachovia Securities Financial Network, Inc. (Claimant) vs. Scott Masse (Respondent) Case Number: 05-06047 Hearing Site: Boston, Massachusetts Nature of the Dispute: Member vs. Associated Person REPRESENTATION OF PARTIES Claimant Wachovia Securities Financial Network, Inc. hereinafter referred to as "Claimant": Gregory S. Tendrich, Esq., Gregory Tendrich, PA, Boca Raton, FL. Resp