STIPULATED AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Claimants James E. Latta and Charlotte Latta, individually, and on behalf of the Highland Ranch Center for Aesthetic and Maxillofacial Surgery P.C. Profit Sharing Plan and Trust, the Highland Ranch Center for Aesthetic and Maxillofacial Surgery P.C. Money Purchase Pension Plan Trust and their IRAs; Lucinda Koerner and Ronald Koemer, individually, and on behalf

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 04-07135 Stella W. Woo Trust, Claimant v. Cal Fed Investments n/k/a Citicorp Investment Services, Respondent ATTORNEYS: For Claimant Stella W. Woo Trust ("Claimant") appeared Christina A. Woo, Los Angeles, CA. For Respondent Cal Fed Investments n/k/a Citicorp Investment Services ("Respondent") appeared Jennifer Sendor, Esq., Citicorp Investor Services, Long Island City, NY. NATURE OF DISPUT

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 04-07134 Ross Bennick, IRA, (Claimant) vs. Morgan Stanley DW, Inc., (Respondent) ATTORNEYS: Claimant appeared pro se, Tomball, TX. For Respondent appeared in-house counsel Helene J. Jepson, Esq., San Francisco, CA, NATURE OF DISPUTE: Customer vs. Member DATE FILED: October 7, 2004 CASE SUMMARY: Claimant alleged that respondent negligently handled his account by failing to, among other t

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Suzanne Carruthers, Individually and in her capacity as Co-Trustee of the Suzanne and Joseph Carruthers Charitable Remainder Unit Trust U/A/D 12/30/99, and Joseph Carruthers as Co- Trustee of the Suzanne and Joseph Carruthers Trust U/A/D 12/30/99 (Claimants) ;vs.,Citigroup Global Markets, Inc. f/k/a Salomon Smith Barney, Inc. and David Ridge (Respondents) Case Number: 04-07128 Hearing S

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 04-07115 George W. Harvey and Michelle L. Harvey (Claimant) vs. Transamerica Financial Advisors, Inc. (Respondent) ATTORNEYS; Claimant George W. Harvey ("Claimant") appeared pro se^ Westminster, CA. For Respondent Transamerica Financial Advisors, Inc. ("Respondent") appeared Joseph C. Coates, III, Esq., of the firm Greenberg Traurig, P.A,, West Palm Beach, FL. NATURE OF DISPUTE; Customer vs

Award NASD Dispute Resolution In the Matter of the Arbitration Between: James Mailahan, Claimant v. Salomon Smith Barney, Inc., Respondent Case Number: 01-00307 Hearing Site: Seattle, Washington REPRESENTATION OF PARTIES For Claimant: Fredrick D. Huebner, Esq. Cable, Langenbach, Kinerk & Bauer, LLP Seattle, Washington For Respondent: Eric D. Lansverk, Esq. Hillis, Clark, Martin & Peterson Seattle, Washington CASE INFORMATION Statemen

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 04-07112 Susan Morgan (Claimant) v. Harrison Securities, Inc. and James Pecoraro (Respondents) ATTORNEYS: For Claimant Susan Morgan ("Claimant") appeared Sameer Rastogi, Esq., of the firm Sichenzia Ross Friedman Ference, LLP, New York, NY. For Respondents Harrison Securities, Inc. and James Pecoraro (collectively "Respondents") appeared Michael Utilla, Esq., Brooklyn, NY. NATURE OF DISPUTE

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Ryan Beck & Co., Inc. (Claimant) v. George Nikitovich (Respondent) Case Number: 04-07106 Hearing Site: New York, New York Nature of the Dispute: Member v. Associated Person REPRESENTATION OF PARTIES Claimant Ryan Beck & Co., Inc. ("Ryan Beck") hereinafter referred to as "Claimant": Kenneth O'Connor, Esq., Lubiner & Schmidt, Cranford, NJ. Respondent George Nikitovich ("Nikitovich

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Teresa Floratos, Claimant v. Morgan Stanley DW Inc. and William Saltz, Respondents Case Number: 04-07098 Hearing Site: San Francisco, California Nature of the Dispute: Customer v. Member and Associated Person REPRESENTATION OF PARTIES For Claimant: Daniel D. White, Esq. Attorney at Law Newport Beach, California For Respondents: Mauricio S. Beugelmans, Esq. Morgan Stanley

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Rose Holden, John Herberger, Jessica R. Bullis and Tresa Lematta, Claimants v. Peter F. Bozikovich, HP Securities, Inc. and HP Investment Advisory, Inc., Respondents Case Number: 04-07097 Hearing Site: Portland, Oregon Nature of the Dispute: Customers v. Member, Non-Member and Associated Person REPRESENTATION OF PARTIES For Claimants: Christina L. Beatty-Walters, Esq. Stoll Stol