Award NASD In the Matter of the Arbitration Between; Name of the Claimant Geoffrey Donoghue Names of the Respondents Morgan Stanley DW, Inc. Todd Ellis Case Number: 02-03986 Hearing Site: Orlando, Florida REPRESENTATION OF PARTIES Geoffrey Donoghue ("Claimant") appeared pro se. For Morgan Stanley DW, Inc. ("Morgan Stanley") and Todd Ellis ("Ellis"), collectively referred to as "Respondents": Gary E. Jackson, Vice President and Senior