AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Claimant Mary Banner, individually and as beneficiary of an IRA and Respondents Morgan Stanley DW, Inc. and SG Cowen Securities Corp. Case Number: 05-01515 Hearing Site: Houston, Texas NATURE OF DISPUTE Customer v. Member Firms REPRESENTATION OF PARTIES Mary Banner, individually and as beneficiary of an IRA ("Banner" or "Claimant") was represented by T

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-01493 Janet Carafa, (Claimant) vs. Citigroup Global Markets, Inc., Henry Buolbol and Edward Boulbol, (Respondents) ATTORNEYS: "~ ~~ For Claimant appeared Paul P. Pacchiana, Esq., Naples, FL. For Respondents appeared Citigroup's in-house counsel Mary Reiser, Esq., New York, NY. NATURE OF DISPUTE: Customer v. Member and Associated Person DATE FILED: March 16, 2005 CASE SUMMARY: Claiman

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Morgan StanJey DW, Inc. (formerly Dean Witter Reynolds Inc.) (Claimant) v. Jean-Paul Schrader as Executor of the Estate of Shelby E. Schrader (Respondent) Case Number: 05-01490 Hearing Site: New York, New York Nature of the Dispute: Member vs. Customer REPRESENTATION OF PARTIES Claimant Morgan Stanley DW, Inc. hereinafter referred to as "Claimant": Diane C. Fisher, Esq.,

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-01487 Wells Fargo Investments, LLC, (Claimant) vs. Brian A. Kath, (Respondent) ATTORNEYS: For Claimant appeared Diane C. Fischer, Esq., of the firm Kane & Fischer, Ltd., Chicago, IL. Respondent did not submit an Answer to the Statement of Claim. NATURE OF DISPUTE: Member v. Associated Person DATE FILED: March 18, 2005 CASE SUMMARY: Claimant alleged that Respondent breached a contract by

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Claimant Maxine J. Borders and Respondents Citigroup Global Markets, Inc. f/k/a Salomon Smith Barney, Inc., and Monica Michele Gobba Case Number: 05-01483 Hearing Site: Southfield, Michigan NATURE OF DISPUTE Customer v. Member and Associated Person REPRESENTATION OF PARTIES Maxine J. Borders ("Claimant") was represented by Anthony V. Trogan, Esq., Law Offi

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Wells Fargo Investments, LLC, Claimant, v. Gerald D. Cronenwett, Respondent. Case Number: 05-01482 Hearing Site: Indianapolis, Indiana Nature of the Dispute: Member vs. Associated Person REPRESENTATION OF PARTIES Wells Fargo Investments, LLC ("Wells Fargo"), hereinafter referred to as "Claimant": Ronald Kane, Esq. and Diane C. Fischer, Esq. of Kane & Fischer, Ltd

Award FJASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimants John H. and Gay L. Morris; John H. Morris, ERA; and, Bonnie J. Webb, Individually and on behalf of her IRA Case Number: 05-01481 Name of the Respondent Edward D. Jones & Co, NATURE OF THE DISPUTE Customers vs. Member Firm REPRESENTATION OF PARTIES i Claimants JohnH. and Gay L. Morris ("Morris"); JohnH. Morris, IRA ("Morris, IRA"); a

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Case Number: 05-01478 Carole Cavaliere Name of the Respondent Hearing Site: Orlando, Florida Morgan Stanley DW, Inc. Nature of the Dispute: Customer vs. Member. REPRESENTATION OF PARTIES For Carole Cavaliere, hereinafter referred to as "Claimant": Thomas F. Shine, Esq., Indiatlantic, Florida. For Morgan Stanley DW, Inc., ("MSDW") hereinafter referred

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: » Merrill Lynch, Pierce, Fenner & Smith Inc., (Claimant) vs. Salomon Smith Barney, Inc. and William C. Moynihan, (Respondents) Case Number: 01-00510 Hearing Site: New York, New York REPRESENTATION OF PARTIES Claimant Merrill Lynch, Pierce, Fenner & Smith Inc., hereinafter referred to as "Claimant": Thomas J. Momjian, Esq., Rubin & Associates, P.C., Paoli, PA. Responden

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-01449 Ernest F. White, (Claimant) vs. Citigroup Global Markets, Inc., Jeffrey L. Sweitzer, Matthew J. Muller, Sr. and Randy Matz, (Respondents) ATTORNEYS: For Claimant appeared Robert G, Mclver, Esq., of the firm Hunter, Higgins, Miles, Elam & Benjamin, PLLC, Greensboro, NC, For Respondents appeared Meg G. Cox, Esq., of the firm Kennedy Covington Lobdell & Hickman, L.L.P., Charlotte, NC