Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: The Estate of Robert Boelio, Claimant v. David S. Fernquist and Fernquist Capital Advisors, Inc., Respondents Case Number: 04-03299 Hearing Site: Los Angeles, California Nature of the Dispute: Non-Customer Estate v. Associated Person and Non-Member REPRESENTATION OF PARTIES For Claimant: Dennis E. Moffett, Esq. The Law Offices of Dennis MofFett Detroit, Michigan

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Names of the Claimants Case Number: 04-03285 Names of the Respondents Hearing Site: Boca Raton, Florida Merrill Lynch, Pierce, Fenner & Smith, Incorporated Robert Bos Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES For Harold Greene and Deborah Greene, hereinafter collectively referred to as "Claimants": Darren C. Blum,

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Wachovia Securities, LLC, Claimant v. James R. Phillips, Respondent Case Number: 04-03279 Hearing Site: Los Angeles, California Nature of the Dispute: Member v. Associated Person REPRESENTATION OF PARTIES For Claimant: Timothy N. Will, Esq. Albert & Will, LLP Torrence, California For Respondent: James R. Phillips In Propria Persona Sherman Oaks, California CASE I

STIPULATED AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Name of Respondent Barbara R. Kaplan 04-03274 Chicago, Illinois Nature of the Dispute: Member vs. Associated Person. CATION OF PJ Morgan Stanley DW Inc. ("Claimant") was represented by Diane C. Fischer, Esq., Ronald P* Kane, Esq. and Thomas A. Volz, Esq., Kane & Fischer, Ltd., Chicago, Illinois. Barbara R. Kaplan ("Respondent") was represen

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 04-03271 Sally R. Papreck, Claimant v. Waddell & Reed, Inc., United Investors Life Insurance Co., and Carroll Wilkerson, Respondents ATTORNEYS: Claimant Sally R. Papreck ("Claimant") appeared pro se, Columbia, MO. For Respondents Waddell & Reed, Inc. and Carroll Wilkerson appeared Carrie J. Bechtold, Esq. of the firm Blackwell Sanders Peper Martin, LLP, St. Louis, MO. For Respondent United

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 04-03269 Rhoda and Raymond Krell, Claimants v. Citigroup Global Markets, Inc. f7k/a Salomon Smith Barney, Inc. and Steve Gribben, Respondents ATTORNEYS: Claimants, Rhoda and Raymond Krell ("Claimants"), appeared pro se, Brooklyn, NY. For Respondents, Citigroup Global Markets, Inc. f7k/a Salomon Smith Barney, Inc. and Stephen Gribben, ( collectively "Respondents") appeared Ann Parry, Esq., in-ho

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Edward Chaves (Claimant) v. Advest, Inc. (Respondent) Case Number: 04-03268 Hearing Site: Hartford, Connecticut Nature of the Dispute: Customer vs. Member. REPRESENTATION OF PARTIES Claimant Edward Chaves hereinafter referred to as "Claimant": Howard M. Rosenfield, Esq., Farmington, CT. Respondent Advest, Inc. hereinafter referred to as "Respondent": Cynthia A. Feigin, Esq., Car

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Claimants Fayez Khalil and Khalil Hassan v. Respondents Leonard & Company a/k/a Leonard Financial Corp., and Alfred M. Allos And Counter-Claimant Alfred M. Allos v. Counter-Respondents Fayez Khalil and Khalil Hassan And Third-Party Claimant Alfred M. Allos v. Third-Party Respondent Kal Khalil And Third-Party Claimant Leonard

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Maureen Schleisner Name of the Respondents Sentra Securities Corporation and Stuart Barry Katz Case Number 04-03258 Hearing Site: Milwaukee, Wisconsin Nature of the Dispute: Customer vs. Member Firm and Associated Person REPRESENTATION OF PARTIES Claimant, Maureen Schleisner ("Schleisner"), hereinafter referred to as "Claimant 11 : Brian

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Bernard Schwartz, Claimant v. Morgan Stanley Dean Witter s Inc. and Mace Tamse, Respondents Case Number: 01-00077 Hearing Site: Boca Raton, Florida REPRESENTATION OF PARTIES For Bernard Schwartz, hereinafter referred to as "Claimant": Albert A. Rapoport, Esq., Boca Raton, Florida. For Respondents Morgan Stanley Dean Witter, Inc. ("MSDW") and Mace Tamse ('Tamse"):