Award NASD Dispute Resolution In the Matter of the Arbitration Between: Sutro & Co., Incorporated, Claimant v. Eric Stern, Respondent Case Number: 01-06139 Hearing Site: Via Telephone For Claimant: Allison C. Flatt, Esq. San Francisco, California For Respondent: Eric Stern West Hollywood, California CASE INFORMATION Statement of Claim filed on or about: November 13,2001 Claimant Sutro & Co., Incorporated's ("Sutro") Uniform Submission Agreem

In the Matter ol the Arbitration between: Names of the Claimants Case Number: 01-06136 Advisor's Capital Investments, Inc. PacVest Associates, Inc. Names of the Respondents Hearing Site: Boca Raton, Florida Barry M. Kornfeld KB Financial Partners, Inc. Name of the Third Party Respondent Robert Mann REPRESENTATION OF PARTIES For Advisor's Capital Investments, Inc. ("ACI") and PacVest Associates, Inc. ("PacVest"), hereinafter referred to as "C

Award NASD In the Matter of the Arbitration Between: Name of Claimant Barbara A. Sher Name of Respondent Morgan Stanley Dean Witter, Inc. Case Number: 01-06131 Hearing Site: Tampa, Florida REPRESENTATION OF PARTIES For Barbara A. Sher ("Claimant"): Philip J. Snyderburn, Esq., Snyderburn, Rishoi & Swarm, Orlando, Florida. For Morgan Stanley Dean Witter, Inc. ("Respondent"): Bradford D. Kaufman, Esq., Greenberg Traurig, P.A., West Palm Bea

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Ashok Gangolli, (Claimant) vs. J.P. Morgan Chase & Co., Christopher Harvey, and J.P. Morgan Securities, Inc., (Respondents) Case Number: 01-06128 Hearing Site: New York, New York REPRESENTATION OF PARTIES Claimant, Ashok Gangolli, hereinafter referred to as "Claimant": Sean F. O'Shea, Esq., a sole practitioner, New York, NY. Respondent, J.P. Morgan Chase & Co. ("Chase"), did not

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION, INC. CASE: 00-1626 Lawrence A. Heaton, Claimant vs. Fidelity Brokerage Services, Inc., Respondent. ATTORNEYS: Claimant, Lawrence A. Heaton, ("Claimant"), appeared Pro Se., Poughkeepsie, NY. Respondent Fidelity Brokerage Services, Inc., ("Respondent"), appeared through its in-house counsels Andrew Nathanson, Esq., and Richelle S. Kennedy, Esq., Boston, MA. DATE FILED: April 18, 2000 CASE SUMMARY

Award NASD Dispute Resolution In the Matter of the Arbitration Between: B/M Family Account Trust DTD 08/04/93, Bohumir Marik and Slintak Marik, TTEE, Claimants v. Roman Izaguyev, Josephthal & Co. Inc., and Fahnestock & Co. Inc., Respondents Case Number: 01-06124 Hearing Site: Los Angeles, California REPRESENTATION OF PARTIES For Claimants: David Liebrader, Esq. The Law Offices of David Liebrader, Inc. Foothill Ranch, California For Respondents

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Carole Kaplan, Claimant v. Titan Value Equities Group, Inc. n/k/a Mutual Service Corporation and Mark Fractor, Respondents Case Number: 01-06122 Hearing Site: Los Angeles, California REPRESENTATION OF PARTIES For Claimant: Kenneth Gaines, Esq. Law Offices of Kenneth Gaines Woodland Hills, California For Respondents: G. Thomas Fleming, 131, Esq. Jones Bell Abbo

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Alan D. Simon vs. Sutro & Company, Scott M. Miller Case Number: 01-06121 Hearing Site: Los Angeles, California REPRESENTATION OF PARTIES For Claimant: Steven L. Miller, Esq. . . . . . . , « , . , , , L a w Office o f Steven L . . . Miller Woodland Hills, California For Respondents: Gilbert R.

N.A.S.D. ANARD mnCNAL ASSOdAXZCN OP SBCDRITIBS DEALERS in the Matter of the Azbltratloo BetMeen NsBPe of Cladaant(s) Paqulta Bfirsey Nme of ReflPCPdait(a) Prudential-Bacbe Securities Inc. Beznlce Preeland Case Mo. 92-00853 For dalsant, Paqulba Bersey ("Bersey"): go se. For Respondents, Prudential-Bache Securities, Inc. ska Prudential Securities, IDC. ("FSI") and Bemice Fteeland ("Fteeland"): Nancy Baari, Esq. of PSI. Statemeat of

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Steve Rapaport, as Executor of the Estate of Josef Rapaport, (Claimant) vs. Kirlin Securities, Inc. and James Rhodes, Jr., (Respondents) Case Number: 01-06112 Hearing Site: New York, New York REPRESENTATION OF PARTIES Claimant, Steve Rapaport, as Executor of the Estate of Josef Rapaport, hereinafter referred to as "Claimant": David Bolton, Esq., David Bolton, P.C., Garden City, NY.