Award NASD Dispute Resolution In the Matter of the Arbitration Between: Umberto Roffi, Claimant v. Prudential Securities, Inc., Respondent Case Number: 02-03222 Hearing Site: Los Angeles, California REPRESENTATION OF PARTIES For Claimant: David Harrison., Esq. Spivak & Harrison* LLP Los Angeles, California For Respondent: Charles B. LaChaussee, Esq. Prudential Securities, Inc. San Francisco, California CASE INFORMATION Statement of C

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Howard Aim, Claimant v. Morgan Stanley Dean Witter and Rodney C. Gott, Jr., Respondents Case Number: 02-03219 Hearing Site: Los Angeles, California REPRESENTATION OF PARTIES For Claimant: •'"** Elizabeth Lowery, Esq. Fields, Fehn & Sherwin Los Angeles, California For Respondents: Mauricio Beugelmans, Esq. Morgan Stanley Dean Witter San Francisco, California CASE INFO

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 02-03218 Regina LaRae Freed, claimant vs. U.S. Bancorp Piper Jaffray, Lorenzo Shipton and Russell Godt, respondents. ATTORNEYS: Claimant appeared pro se, Sacramento, CA. For Respondents U.S. Bancorp Piper Jaffray, Inc., and Russell Godt appeared in-house counsel, Jennifer R. Relien, Esq., Minneapolis, MN. Respondent Lorenzo Shipton appeared pro se, Sacramento, CA. DATE FILED: June 3, 20

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Virginia Johnson, individually and on behalf of the Virginia Johnson IRA and the Virginia Johnson IRA (PM), Claimants v. Salomon Smith Barney, Inc. n/k/a Citigroup Global Markets, Inc. and Susan G. Mamer, Respondents Case Number: 02-03213 Hearing Site: Los Angeles, California Nature of the Dispute: Customers v. Member and Associated Person REPRESENTATION OF PARTIES Fo

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Eileen Rivkin Sherman TTEE F/T Eileen Rivkin Sherman TR U/A DTD 6/12/90, Claimant v. Morgan Stanley DW Inc. a/k/a Morgan Stanley Dean Witter & Co. and Carola M. Barton, Respondents Case Number: 02-03212 Hearing Site: Los Angeles, California Nature of the Dispute: Customer v. Member and Associated Person REPRESENTATION OF PARTIES For Claimant: Edward T. Swanson, Esq. Attorney

Stipulated Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: William Kingston IRA, (Claimant) vs. John Studnicky, Aegon USA Securities, Inc., Commonwealth Equity Services, Inc., Riscorp, Riscorp Worldwide, Ltd., R&I Worldwide, Retirement & Investment Services Worldwide, Ltd., R&I Services, Ltd., and Retirement & Investment Services, Ltd., (Respondents) Case Number: 00-02706 Hearing Site: Boston, Massachusetts REPRESENTATION O

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Case Number: 02-03207 Margery Shurberg Names of the Respondents Hearing Site: Tampa, Florida Shields & Company Alan Morris Clyde M. Thornburg Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES For Margery Shurberg, hereinafter referred to as "Claimant": Joseph J. Dehner, Esq., Frost Brown Todd LLC, Cincinn

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 02-03204 Yueh-ru Chu, Hung-ru Chu, Ming-ru Chu and Ling-ru Chu, claimants vs. Merrill Lynch, Stephanos Nyktas and Liza Moscarello, respondents. ATTORNEYS: Claimants appeared pro se, through Yueh-ru Chu, Brooklyn ,NY. For Respondents appeared in-house counsel, Daren A. Luma, Esq., New York, NY. DATE FILED: June 3, 2002 CASE SUMMARY: Claimants alleged that respondents failed to advise them of

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 02-03203 Avalon Partners, Inc., claimant vs. Rocco Mongelli, respondent. ATTORNEYS: For Claimant appeared Vincent Au, President, New York, NY. For Respondent appeared Robert Bertsch, Esq., of the firm Berctsch & Associates, Port Washington, NY. DATE FILED: June 3, 2002 CASE SUMMARY: Claimant alleged that respondent agreed to indemnify the firm for damages that resulted from a previous a

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 02-03199 John T. Gigourtakis, Trustee of the Gigourtakis Living Trust UDT 1/7/98, claimant vs. Douglas C. Day & Day International Securities, respondents. ATTORNEYS: For Claimant appeared Clifford C. Carrigan, Esq., Daly City, CA. For Respondents appeared R. King Prothro, Jr., Esq., San Jose, CA. DATE FILED: May 31, 2002 CASE SUMMARY: Claimant alleged that respondents recommended claimant i