Award NASD Dispute Resolution In the Matter of the Arbitration Between: MniTiP nf Kamlesh Chopra 01-01182 (Master Case) All-Tech Investment Group, Inc. (n/k/a All-Tech Direct, Inc.) Penson Financial Services, Inc. HpariTig Sifp- Troy, Michigan In the Matter of the Arbitration Between: All-Tech Investment Group, Inc. rafif>>JiiTnhpr- 01-01679 (Subordinate Case) Kamlesh Chopra Sits: Troy, Michigan Nature of the Dispute: Custo

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Joseph Calise, (Claimant) vs. Merrill Lynch, Pierce, Fenner & Smith, Inc., (Respondent) and Merrill Lynch, Pierce, Fenner & Smith (Claimant) vs. Joseph Calise and Salomon Smith Barney, Inc. (Respondents) Case Number: 01-00784 (Consolidated w/01-00846) Hearing Site: New York, New York REPRESENTATION OF PARTIES Claimant, Joseph Calise, hereinafter referred to as "Claimant" or

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name nf the Claimants James L. Mollick Norristown OB-GYN Pension Plan & Trust Norristown OB-GYN Profit Sharmg Plan Stephen J. Mollick Mary P. Mollick Danis Molhck Case Number: 01-03765 (Master Case) Name nf the Respondents Morgan Stanley DW Inc. Perry S. Abbonizio Michael A. Skalamera In the Matter of the Arbitration Between: Name nf the Clai

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Loy C. Allen, Jr., and Loy C. Allen, Sr. and EHzabeth Allen, Claimants v. Wachovia Securities, Inc., Respondent Case Number: 01-03780 Hearing Site: Raleigh, North Carohna In the Matter of the Arbitration Between: Loy C. Allen, Sr. & Elizabeth Allen, Claimant v. Wachovia Securities, Inc., Respondent Case Number: 01-03905 Hearing Site: Raleigh. North Carolina REPRESENTATION OF

Award NASD Dispute Resolution In the Matter of the Arbitration Between: David Kotowski, vs. UBS Financial Services, Inc. Ck/a UBS PaineWebber, Inc., consolidated v^dth UBS Financial Services, Inc. fk/a UBS PaineWebber, Inc. vs. David Kotowski Case Numbers: 01-05707 (consolidated w/ 01-05714) Hearing Site: New York, NY REPRESENTATION OF PARTIES Claimant, David Kotowski ("Kotowski") hereinafter referred to as "Claimant": Andrew J. Goodinan Esq., Kmrzman

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASES: 01-06572, 01-06608, and 02-01781 Darlene Kellogg, IRA claimant vs. Charles Schwab & Company, respondent. Wayne Kellogg, claimant vs. Charles Schwab & Company, respondent. Wayne and Darlene Kellogg, claimants vs. Charles Schwab & Company, respondent. ATTORNEYS: Claimants appeared pro se, Morro Bay, CA. For Respondent appeared in-house counsel, Steve Murphy, Esq., San Francisco, CA. DATE FILED

Award NASD Dispute Resolution In the Matter of the Consolidated Arbitration Case Number 01-06779 Paulson Investment Company, Inc., Claimant v. Spirit Partners, L.P. and Tech-Trade Capital LLC, Respondents (Case Number: 01-06779) ConsoUdated with Spirit Partners, L.P. and Tech-Trade Capital LLC, Claimants v. Paulson Capital Corporation and Paulson Investment Con^any, Inc., Respondents (Case Number: 02-00079) Hearing Site: Portland, Oregon Nature of Dis

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Kirlin Securities, Inc., (Claimant) vs. Alexander Yelensky and Stephen Oliver, (Respondents) Case Number: 01-06905 (Consolidated w/02-00766) Hearing Site: New York, New York REPRESENTATION OF PARTIES Claimant, Kirlin Securities, Inc., hereinafter referred to as "Claimant": Isaac M. Zucker, Esq., General Coimsel, Kirlin Securities, Inc., Syosset, NY. Respondents, Alexander Yelensky ("Y

N.A.S.D. AWARD NATIONAr. ASSnrTATTQN OF SHCTTRITIES DF.AT.F.B.S In the Matter of the Arbitration Between Name of riai'mant Shirley Thomas, individually and as Trustee NASD Arbitration No. 91-02712 Name of Respondent.*; Dean Witter Reynolds Inc. William Waddle Merrill Lynch, Pierce, Fenner & Smith, Inc. REPRESENTATTniV For Cfaimant: T. Todd Thompson, Esq. - Zilinskas & Brantner - Santa Barbara Ca. For Respondents: Dean Witter Reynol

NASD REGULATION, INC. AWARD In the Matter of the Arbitration Between Name of Claimants James Belitz 98-00517 f Respondent Pacific Brokerage Services, Inc. (k/n/a Dreyfus Brokerage Services) REPRESENTATION Claimant James Belitz ("Claimant") appeared pro se. Respondent Pacific Brokerage Services, Inc. ("Pacific") wasrepresented by James Kruger, Compliance Officer of Dreyfus Brokerage Services, Inc., located in Beverly Hills, CA. CASE INFOR