NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-03091 Sandra Shepis, (Claimant) vs. Olympia Asset Recovery Management and Michael Murphy, (Respondents) ATTORNEYS: ™ For Claimant appeared Hayward Richard Pressman, Esq., of the firm Pressman & Trien, New York, NY. For Respondents appeared Charles M. O'Rourke, Esq., Attorney at Law, Woodbury, NY. NATURE OF DISPUTE: Customer v. Member and Associated Person DATE FILED: June 14,2005

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Claimant Josephine H. Berger and Respondents Merrill Lynch Pierce Fenner & Smith, Inc., Merrill Lynch, and Robert James Valenti Case Number: 05-03065 Hearing Site: Southfield, Michigan NATURE OF DISPUTE Customer v. Member, Non-Member and Associated Person REPRESENTATION OF PARTIES i Josephine H. Berger ("Claimant") was represented by Anthony V. Trogan, Esq

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Edwin and Marjorie Boeve and 05-03061 Chicago, Illinois Name of Respondents Robert W. Baird & Co. Incorporated Paul Allen Kuiper Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES Edwin and Marjorie Boeve ("Claimants") were represented by Andrew Stoltmann, Esq., Stoltmann Law Offices, Chicago, Illinois.

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Nflrne nf thfi Claimant ( Brian Dabrowski, Custodian for Emily J.Dabrowski Name ofthe Respondent Man Securities, Inc. Case Number 05-03051 Hearing Site: Memphis, Tennessee Nature of the Dispute: Customer vs. Member. REPRESENTATION OF PARTIES Claimant, Brian Dabrowski, Custodian for Emily J. Dabrowski, hereinafter referred to as "Claimant", was represented by

Award NASD Dispute Resolution In the Matter of the Arbitration Between: John L. Mendez and Georgina S. Mendez, Claimants v. UBS Financial Services Inc., Respondent Case Number: 05-03050 Hearing Site: Las Vegas, Nevada Nature of the Dispute: Customers v. Member REPRESENTATION OF PARTIES For Claimants: For Respondent: John L. Mendez ProSe Los Angeles, California Kathleen S. Adams, Esq. UBS Financial Services Inc. Los An

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Fidelity Brokerage Services, LLC d/b/a Fidelity Registered Investment Advisor Group (Claimant) vs. Matthew H. Adams (Respondent) Case Number: 05-03044 Hearing Site: New York, New York Nature of the Dispute: Member vs. Associated Person REPRESENTATION OF PARTIES Claimant Fidelity Brokerage Services, LLC d7b/a Fidelity Registered Investment Advisor Group hereinafter referred to as

\ Award NASD In the Matter of the Arbitration Between: Name of the Claimant Case Number: 01-00577 Morgan Keegan & Company, Inc. Name of the Respondent Hearing Site: Memphis, TN Mark Crihfield REPRESENTATION OF PARTIES For Morgan Keegan & Company, Inc. ("Morgan"), hereinafter referred to as "Claimant": Shea O'Brien Hicks, Esq., Tate, Lazarini & Beall, PLC, Memphis, TN. For Mark Crihfield ("Crihfield"), hereinafter referred to as "Respondent"

V.- NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-03043 Fidelity Brokerage Services, LLC, (Claimant) vs. Orobosa Obayagbona, (Respondent) ATTORNEYS: For Claimant appeared Laurence K. Richmond, Esq., of the firm Laurence K. Richmond & Associates, P.C., Quincy, MA. Respondent appeared pro se, Houston, TX. NATURE OF DISPUTE: Member vs. Customer DATE FILED: June 9, 2005 CASE SUMMARY: Claimant alleged that Respondent failed to re

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-03042 Frank H. Hund, (Claimant) vs. E*Trade Securities LLC, (Respondent) Claimant appeared pro se, Durham, NC. For Respondent appeared in-house counsel John Bersin, Esq., Rancho Cordova., CA. NATURE OF DISPUTE: Customer vs. Member ~~ DATE FILED: June 16,2005 CASE SUMMARY: Claimant alleged that Respondent breached a contract and margin calls. Claimant maintained that due to Respondent's a

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-03024 UBS Financial Service Inc., (Claimant) vs. William E. Engellis, (Respondent) ATTORNEYS: For Claimant appeared Sandra D. Grannum, Esq., of the firm Davidsom & Grannum, LLP, Orangeburg, NY. Respondent did not submit an Answer to the Statement of Claim. NATURE OF DISPUTE: Member v. Associated Person DATE FILED: June 10, 2005 CASE SUMMARY: Claimant alleged that Respondent breached