Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Gavin Winn and Americar Inc., Claimants v. Round Hill Securities, Inc., Justin C. Jensen, Robert J. Holub, Thomas J. Sboto, Terry L. Emfinger and Robert S. Minka, Respondents Case Number: 02-02740 Hearing Site: Salt Lake City, Utah Nature of the Dispute: Customer v. Member and Associated Persons REPRESENTATION OF PARTIES For Claimants: Randall R. Heiner, Esq. Law

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Claimants G. Leonard Smith and Melissa M. Smith, Individually as Trustees of the Melissa M. Smith Trust, on behalf of their Individual Retirement Accounts and G. Leonard Smith's VF Corporation Deferred Savings Plan Account v. 02-02736 Denver, Colorado Respondents Signator Investors, Inc., Signator Financial Network, Inc., John Hancock Financial Services, Inc.,

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Stanford Group Company and 02-02734 Denver, Colorado Name of Respondent Henry H. Gordon REPRESENTATION OF PARTIES Stanford Group Company ("Claimant") was represented by Donald L. Samuels, Esq., Holme, Roberts & Owen LLP, Denver, Colorado. Henry H. Gordon ("Respondent") appeared pro se. CASE INFORMATION The Statement of Claim was filed on or ab

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Gerald K. Kapp n (*. Robert W. Baird & Co. Incorporated and Daniel Statz - 02-02732 Hearing-Site: Milwaukee, Wisconsin O Claimant Gerald K. Kapp hereinafter referred to as Claimant: Jon P. Alxelrod Dewitt, Ross & Stevens, located in Madison, Wisconsin. • . \ Respondents Robert W. Baird & Co. Incorporated ("Baird") and Daniel Statz ("Statz") hereinafter co

STIPULATED AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Claimant Stanford Group Company V. 02-02729 Denver, Colorado Respondent Daniel A. Cantarovici REPRESENTATION OF PARTIES Stanford Group Company ("Claimant") was represented by Donald L. Samuels, Esq., of Holme, Roberts & Owen LLP, Denver, Colorado. Daniel A. Cantarovici ("Respondent") was represented by Stuart N. Bennett, Esq., of Brega & Winters, P.C.,

Award NASD Dispute Resolution In the Matter of the Arbitration Between: riaimant Paci* ]Sfr ir nhpr- 02-02725 First Union Securities, Inc. i Hearing Site' Dallas, Texas Richard "Maury" Ruggles Claimant First Union Securities, Inc., hereinafter referred to as "Claimant": Renan Sugarman, Esq., located in Chicago, Illinois. i Respondent Richard "Maury" Ruggles, hereinafter referred to as "Respondent": Did not appear at hearing.

Award NASD In the Matter of the Arbitration Between: Name of the Claimant Case Number: 02-02724 First Union Securities, Inc. Name of the Respondent Hearing Site: Boca Raton, Florida Brad L. Bartkow REPRESENTATION OF PARTIES For First Union Securities, Inc., hereinafter referred to as "Claimant": Renan I. Sugarman, Senior Vice President, Assistant General Counsel, First Union Securities, Inc., Chicago, Illinois. Brad L. Bartkow, hereinafter refer

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Claimants Dale A. Sherman and Christine M. Sherman, individually, and on behalf of their Individual Retirement Accounts v. 02-02717 Denver, Colorado Respondents Merrill Lynch Pierce Fenner & Smith, Inc. Jeffrey W. Hendley and George F. Stahmer, m Nature of Dispute: Customers v. Member and Associated Persons REPRESENTATION OF PARTIES Dale A. Sherman and Christi

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 02-02716 Marvin and Patricia Rosenthale, Trustees of the Rosenthale Family Trust, claimants vs. Paul Mirabella and Morgan Stanley DW, Inc., respondents. ATTORNEYS: Claimants appeared pro se, Boca Raton, FL. For Respondents appeared in-house counsel, Keith Guilfoyle, Esq., New York, NY. DATE FILED: May 9, 2002 CASE SUMMARY: Claimants alleged that respondents misrepresented and omitted inform

Award NASD Dispute Resolution In the Matter of the Arbitration Between: 1\rp William Adin and Stephanie Adin Susan L. Henry; James D. Stoeger; Michael Harold Henry; BSI Participations Trust; and BSI Financial Services, Inc. Consolidated with: riaiinflnt Max Sklower °f t Bluebonnet Securities, Inc.; Michael Harold Henry; Susan L. Henry; Paul Ray Wimberly; and Wimberly Investments of tp his Klaneckey Susan L. Henry; Jam