Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: David T. Barenbrugge, Theresa E. Barenbrugge, David Barenbrugge IRA and Theresa Barenbrugge IRA, Claimants v. A.G. Edwards & Sons, Inc. and Bart Martinez, Respondents Case Number: 05-01358 Hearing Site: San Diego, California Nature of the Dispute: Customers v. Member and Associated Person REPRESENTATION OF PARTIES For Claimants: Arthur S. Leider Investors Arbitration

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Mukesh Kumar Agarwal (Claimant) vs. Merrill Lynch, Pierce, Fenner & Smith, Inc. (Respondent) Case Number: 05-01355 Hearing Site: Newark, NJ Nature of the Dispute: Customer vs. Member REPRESENTATION OF PARTIES Claimant Mukesh Kumar Agarwal hereinafter referred to as "Claimant" appeared pro se. Respondent Merrill Lynch, Pierce, Fenner & Smith, Inc. hereinafter referred to as "Resp

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Sharon L. Hanneken Name of the Respondent Merrill Lynch Pierce Fenner & Smith, Inc. Case Number: 05-01354 Hearing Site: St. Louis, Missouri Nature of the Dispute: Customer vs. Member Firm REPRESENTATION OF PARTIES Sharon L. Hanneken ("Hanneken"), hereinafter referred to as "Claimant": Matthew J. Rossiter, Esq. of Rossiter & Jansky, LLC located in

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Cindy and Wally D. Lien, Jt Tenants, Cindy Lien IRA and Wally D. Lien IRA, Claimants v. Morgan Stanley DW Inc., Respondent Case Number: 05-01345 Hearing Site: Phoenix, Arizona Nature of the Dispute: Customers v. Member REPRESENTATION OF PARTIES For Claimants: William B Young, Jr., Esq. Hooper & Weiss, LLC Orlando, Florida For Respondent: Jonathan D. Robbins, Esq. Mor

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-01337 Cornell Co. Investment Corp., (Claimant) vs. North American Clearing, Inc. f/k/a Advantage Trading Group, Inc., (Respondent) ATTORNEYS: For Claimant appeared Barbara A. Mallon, Esq., Mallon & Johnson, P.C., Chicago, IL. For Respondent appeared in-house counsel John Busacca, Longwood, FL. NATURE OF DISPUTE: Member vs. Member DATE FILED: March 10, 2005 CASE SUMMARY: Claimant alle

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: * 0 1 -00497 R.F. Lafferty & Co., Inc. °fth p ff^pnndpfit^ Hearing ^it p ' Philadelphia, PA Stephen J. Drechsler Jay J. Shartsis Weiss, Peck & Greer, LLC OF Claimant, R.F. Lafferty & Co., Inc. ("Lafferty"), hereinafter referred to as "Claimant": Arthur P. Fisch, Esq., New York, NY. Respondent, Stephen J. Drechsler ("Drechsler")? hereinafter refe

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Irving H. Boim & Lawrence Jempolsky Trustees of Max & Gussie Boim LIU Tr. DTD 9/10/93 FBO Irving H. Boim (Claimant) vs. Fahnestock & Co., Inc. n/k/a Oppenheimer & Co., Inc. (Respondent) Case Number: 05-01315 Hearing Site: New York, New York Nature of the Dispute: Customer vs. Member REPRESENTATION OF PARTIES Claimant Irving H. Boim & Lawrence Jempolsky Trustees of Max & Gussie B

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-01313 Cynthia Gray, Cynthia Gray, IRA and Cynthia Gray, Custodian for Nicole A. Sullivan (Claimants) vs. David Lerner Associates, (Respondent) ATTORNEYS: ~~~~~ For Claimants appeared Howard S. Myers, Esq., of New York Law School Legal Services, Inc., New York, NY. For Respondent appeared in-house counsel Joseph C. Pickard, Esq., Syosset, NY. Claimants Cynthia Gray, Cynthia Gray, IRA and

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Dolores White, individually and on behalf of the Dolores White IRA, Claimant v. A.G. Edwards & Sons, Inc., Respondent Case Number: 05-01300 Hearing Site: Los Angeles, California Nature of the Dispute: Customer v. Member REPRESENTATION OF PARTIES For Claimant: Philip M. Aidikoff, Esq. Orousha Brocious, Esq. Aidikoff, Uhl & Bakhtiari Beverly Hills, California For Respo

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Edward D. Jones & Co. and Name of Respondent Howell G. Ferguson Case Number: 05-01253 Hearing Site: Houston, Texas NATURE OF DISPUTE Member Firm v. Associated Person REPRESENTATION OF PARTIES Edward D. Jones & Co. ("Claimant" or "Edward Jones") was represented by J. Christopher Wehrte, Esq., Goldberg Wehrle LLC, St. Louis, Missouri. Howell