AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Claimant Lance M. Hering v. 04-02946 Denver, Colorado Respondent Stifel, Nicholas & Company, Inc. Nature of Dispute: Associated Person v. Member REPRESENTATION OF PARTIES Lance M. Hering ("Claimant") was represented by Charles Brega, Esq., of Lindquist & Vennum, PLLP, Denver, Colorado. Stifel, Nicholas & Company, Inc. ("Respondent") was represented by John V. McDe

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: TimeCapital Securities Corporation, (Claimant) vs. First Albany Corporation, (Respondent) Case Number: 01-00050 Hearing Site: New York, New York REPRESENTATION OF PARTIES TimeCapital Securities Corporation, hereinafter referred to as "Claimant": Milton R. Gleit, Esq., McCarthy, Fingar, Donovan, Drazen & Smith, LLP, White Plains, NY. Respondent, First Albany Corporation, herein

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Michael L. Merry, Claimant v. Morgan Stanley DW Inc., Paul C. Loo, and Edward L, McGowan, Respondents Case Number: 04-02931 Hearing Site: Honolulu, Hawaii Nature of the Dispute: Customer v. Member and Associated Persons REPRESENTATION OF PARTIES For Claimant: Michael L. Merry In Pro Se Waialua, Hawaii For Respondents: Christine A. Kendrick, Esq. Morgan Stanley DW Inc

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Citigroup Global Markets, Inc. (Fk/a Salomon Smith Barney Inc.), Claimant v. Charles H. Williams, Respondent Case Number: 04-02928 Situs: San Francisco, California Nature of the Dispute: Member v. Associated Person REPRESENTATION OF PARTIES For Claimant: Brian D. Todd, Esq. Hillis Clark Martin & Peterson, P.S. Seattle, Washington Respondent did not enter an appearance in

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Paige Arcuri, Claimant v. Merrill Lynch, Pierce, Fenner & Smith Incorporated, Respondent Case Number: 04-02917 Hearing Site: Las Vegas, Nevada Nature of the Dispute: Customer v. Member REPRESENTATION OF PARTIES For Claimant: Charles Hunter, Esq. Woska & Hayes, LLP Kingwood, Texas For Respondent: Joe Hood, Esq. Scott, Hulse, Marshall, Feuille, Finger & Thurmond, P

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Case Number: 04-02916 Michael S. Kuruzovich Name of the Respondent Hearing Site: Tampa, Florida Sabet Family Trust Nature of the Dispute: Associated Person vs. Customer. REPRESENTATION OF PARTIES For Michael S, Kuruzovich, hereinafter referred to as "Claimant": Charles E. Scarlett, Esq., Law Offices of Scarlett & Associates, P.A., Boca Raton,

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 04-02914 Leona M. Stanton, Claimant v. Citigroup Global Markets, Inc. f/k/a Salomon Smith Barney, Inc. and Jack B. Grubman, Respondents ATTORNEYS: For Claimant Leona M. Stanton ("Claimant") appeared Frederick J. Sudekum, III, Esq., of the firm Sudekum, Cassidy & Shulruff, CHTD., Chicago, IL. For Respondents Citigroup Global Markets, Inc. f/k/a Salomon Smith Barney, Inc. and Jack B. Grubman

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Names of Claimants Joe and Diana Cashion and Case Number: 04-02907 Hearing Site: Houston, Texas Names of Respondents Wachovia Securities, LLC, James M. Glenn, Jr., and Virgil Oliver Rosser, IV NATURE OF DISPUTE Customers v. Member Firm and Associated Persons REPRESENTATION OF PARTIES Joe and Diana Cashion ("Claimants") were represented by Brian E. Bro, Esq., H

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Darlene R. Sunde, Claimant v. Wells Fargo Investments, LLC and Ross A. Clark, Respondents Case Number: 04-02897 Hearing Site: Reno, Nevada Nature of the Dispute: Customer v. Member and Associated Person REPRESENTATION OF PARTIES For Claimant: Thomas C. Bradley, Esq. Sinai, Schroeder, Mooney, Boetsch, Bradley & Pace Reno, Nevada For Respondents: Thomas F. Kopshever, Esq.

Amended Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Case Number: 04-02893 Audrey Stein Goldings Name of the Respondents Hearing Site: Dallas, Texas Prudential Equity Group, LLC; and, Francisco Gonzalez- Soldevilla NATURE OF THE DISPUTE Public Customer v. Member Firm and Associated Person REPRESENTATION OF PARTIES Audrey Stein Goldings ("Claimant") was represented by Thomas S. Reavely, Esq. and