NOTICE: An award was rendered in this case, but is not available.

NOTICE: An award was rendered in this case, but is not available.

NOTICE: An award was rendered in this case, but is not available.

NOTICE: An award was rendered in this case, but is not available.

NOTICE: An award was rendered in this case, but is not available.

STIPULATED AWARD NASD Dispute Resolution in the Matter of the Arbitration Between Name of Claimant Laurie Lefkowitz and Names oi Respondents Merrill Lynch Pierce Fenner & Smith, Inc. and Jason Trzcinski Case Number: 02-03855 Hearing Site: Qetroit, Michigan NATURE OF CASE Customer v. Member and Associated Person REPRESENTATION OF PARTIES Laurie Lefkowitz ("Claimant") was represented by Gary M. Saretsky, Esq., and Miles D. Hart

NOTICE: An award was rendered in this case, but is not available.

NOTICE: An award was rendered in this case, but is not available.

NOTICE: An award was rendered in this case, but is not available.

NOTICE: An award was rendered in this case, but is not available.