NASD DISPUTE RESOLUTION STIPULATED AWARD NASD DISPUTE RESOLUTION CASE: 05-05343 Zachary Cherry, (Claimant) vs. Neuberger Herman, LLC, (Respondent) ATTORNEYS: For Claimant appeared Michael G. Berger, Esq., of the firm The Law Offices of Michael G. Berger, New York, NY. For Respondent appeared in-house counsel Geoffrey Valentino, Esq., New York, NY. NATURE OF DISPUTE: Associated Person vs. Member DATE FILED: October 11, 2005 CASE SUMMARY: Claimant

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Ellen L. Ward-Gagnon (Claimant) vs. Ryan Beck & Co. (Respondent) Case Number: 05-05342 Hearing Site: Newark, New Jersey Nature of the Dispute: Customer vs. Member REPRESENTATION OF PARTIES Claimant Ellen L. Ward-Gagnon hereinafter referred to as "Claimant": Brian J. Gagnon, Moorestown, NJ. Ryan Beck & Co. hereinafter referred to as "Respondent": Joseph Rosa, Esq., Ryan Beck

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-05319 David Marshall Meinke, (Claimant) vs. Matthew Aaron Turco and Robert Scott Peters, (Respondents) ATTORNEYS: ; Claimant appeared pro se, William sville, NY, For Respondents appeared Geeta Alphonso Naploi, Esq., in-house counsel for First Investors Corporation, New York, NY. NATURE OF DISPUTE: Associated Person vs. Associated Persons DATE FILED: October 13, 2005 CASE SUMM

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION. INC. CASE:01-00623 Sherrie M. Adams, claimant vs. JW Genesis Financial Services, Inc. n/k/a/ First Union Securities, Inc. and John Smith, respondents. ATTORNEYS: For Claimant appeared Chandra Parker Doucette, Esq., of the Investors' Law Center P.A., Boca Raton, FL. For Respondents appeared Charles E. Scarlett, Esq., Senior Vice-President and Assistant General Counsel, Boca Raton, FL. DATE FI

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE MSpLirriON CASE: 05-05277 Denise G. Hartley, (Claimant) vs. OppenheimerFunds Distributor, Inc., (Respondent) ATTORNEYS: Claimant appeared pro se, Iselin, NJ. For Respondent appeared in-house counsel Melissa L. Weiss, Esq., New York, NY. NATURE OF DISPUTE: CustomervsT Member DATE FILED: October 11, 2005 CASE SUMMARY: Claimant alleged that Respondent omitted and misrepresented material facts regarding inv

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-05275 Ronald Schulz, (Claimant) vs. Edward D. Jones & Co., (Respondent) ATTORNEYS: For Claimant appeared Chris Claassen, Esq., of the firm Burg Simpson Eldredge Hersh Jardine PC, Dallas, TX, For Respondent appeared Sandra B. Gallini, Esq., of the firm Greensfelder, Hemker & Gale, P.C., St. Louis, MO. NATURE OF DISPUTE: Customer vs. Member DATE FILED: October 11, 2005 CASE SUMMARY

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-05273 Miguela Floras, (Claimant) vs. Alberto R. Torres and Citicorp Investment Services, Inc., (Respondents) ATTORNEYS: ~~ For Claimant appeared Jessica Brand of John Jay Legal Services, Inc., White Plains, NY. For Respondents appeared Citicorp Investment Services, Inc.'s in-house counsel, Karl L. Marquardt, Long Island City, NY. NATURE OF DISPUTE: Customer v. Member and Associated P

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-05249 Renee Morris, Ian Monris and Jennifer Liss, (Claimants) vs. B.B. Graham & co., Inc., (Respondent/Third-Party Claimant) vs. David Morris (Third-Party Respondent) ATTORNEYS: ~ " " ~~ Claimants appeared pro se t Fair Lawn, NJ. For Respondent/Third-Party Claimant appeared in-house counsel Donald P. Condit, Orange r CA. Third-Party Respondent appeared pro se, Fair Lawn,

CASE: 05-05248 Toni L. Weisel, (Claimant) vs. Warren William Schliiter and KMS Financial Services, Inc. (Respondents) ATTORNEYS: Claimant appeared pro se, Portland, OR. For Respondents appeared in-house counsel Eric S. Westberg, Esq., Seattle, WA. NATURE OF DISPUTE: Customer v. Member and Associated Person DATE FILED: October 6, 2005 CASE SUMMARY: Claimant alleged that Respondents made unauthorized trades in her account. Claimant further alleged bre

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION _ _ ..___..__ i i CASE: 05-05238 Marilyn M. Webber, (Claimant)-vs. Tradestation Securities, Inc., (Respondent) ATTORNEYS: Claimant appeared pro se, Campbell, CA. For Respondent appeared in-house counsel Joseph Nikolson, Esq., Plantation, FL. NATURE OF DISPUTE: Customer vs. Member DATE FILED: October 4, 2005 CASE SUMMARY: Claimant alleged that Respondent misrepresented and omitted facts