T^ew York Stock Exchange -i the Matter of Arbitration Between y NYSE Case: Bernard and Nancy Foster, and Robert Foster v. Merrill Lynch, Pierce, Fenner & Smith, Inc., and Merrill Lynch & Co., Inc. Attorneys: For Claimant(s): Thomas R. Grady Esq. - Naples, FL Kevin B. Love Esq. - Coral Gables, FL For Respondent(s): Frances S. Chlapowski Esq. - New York, NY Date Filed: 11/29/2001 First Scheduled: 09/17/2002 Decided: 11-22-02 Ca

New York Stock Exchange In the Matter of Arbitration Between NYSE Case: G. Barry and Karen Esslinger v. Merrill Lynch, Pierce, Fenner & Smith, Inc., and Merrill Lynch & Co., Inc. Attorneys: For Claimant(s): Thomas R. Grady Esq. - Naples, FL Kevin B. Love Esq. - Coral Gables, FL For Respondent(s): Frances Chlapowski Esq. - New York, NY Date Filed: 11/29/2001 First Scheduled: 03/07/2002 Decided: 3/11/2002 Case Summary: Claimant all

New York Stock Exchange in the Matter of Arbitration Between NYSE Case: John and Ellen Buchanan v. Memll Lynch, Pierce, Fenner & Smitti, Inc., and Menill Lynch & Co., Inc. Attorneys: For Claimant(5): Thomas R. Grady Esq. - Naples, FL Kevin B. Love Esq. - Coral Gables, FL For Respondent(s): Frances Chlapowski Esq. - New Yori< , NY Date Filed: 11/29/2001 First Scheduled: 05/30/2002 Decided: 1-9-03 Case Summary: Claimant alleges ttia

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 01-03853 U.S. Bancorp Piper Jaffray, Inc., Claimant/counterclaim Respondent vs. J. Daniel Baasen, Respondent/counterclaim Claimant. ATTORNEYS: For Claimant/counterclaim Respondent appeared in-house counsel, Mark S. Reed, Esq., Minneapolis, MN. For Respondent/counterclaim Claimant appeared John W. Lorentz, Esq., Saint Paul, MN. DATE FILED: July 20, 2001 CASE SUMMARY: Claimant/counterclai

y Tew York Stock Exchange In the Matter of Arbitration Between NYSE Case: Robert Sterman, Trustee for Robert Sterman, an Accountency Corporation Retirement Tmst v T.D. Waterhouse Investor Services, Inc. Attorneys: For Claimant(s): Robert Sterman - Sante Ana, CA For Respondent(s): Janis Campanella Esq. - FL Lauderdale, FL Date Filed: 11/01/2001 First Scheduled: 01/30/2002 Decided: 2/25/2002 Case Summary: Claimant alleges ttiat the fir

siCW York Stock Exchange In the Matter of Arbitration Between y NYSE Case: Janney Montgomery Scott LLC v Kenneth J. Disbraw Attomeys: For ClaimantCs): IMard A. Love Esq. - Philadelphia, PA For Respondeiit(s): Rtehard C. Szuch Esq. • Roseland, NJ Date Filed: 11/19S001 First Scheduled: 03/27/2002 Decided: 5/1/2002 Case Summary: Member Firm against Registered Representative fbr failure to repay forgivable loan evidenced by a Promissory

New York Stock Exchange In the Matter of Arbitration Between NYSE Case: Dean L. Welsh vs. Merrill Lynch Pierce Fenner & Smitti Attorneys: For Claimant(s): Erwin J. Shustek Esq. - San Diego, CA For Respondent(s): Terry E. Sanchez Esq. - Los /^geles, CA Date Filed: 11/21/2001 First Scheduled: 04/I6/2002 Decided: 09/12/2002 Case Summary: Registered Rep vs. Member Firm (former employer) alleging a telse and detematory U-5 filed by Respondent

% # ^ew York Stock Exchange In the Matter of Arbitration Between NYSE Case: George Lax v. UBS PaineWebber Inc. and Michael Dworeteky Attorneys: For Claimant(s): Jacob H. Zamansky Esq. - New York, NY For Respondent(s): Donald Davidson Esq. - Weehawken, NJ Date Filed: 11/29/2001 First Scheduled: 11/O6/2002 Decided: 10/11/2002 Case Summary: customer daimant alleges fi^ud, misrepresentetion unsuiteble ta-ading In speculative high tec

New York Stock Exchange In the Matter of Arbitration Between NYSE Case: Reynaldo Morejon v. Raymond James Finandai Services Inc. Attorneys: For ClaimantfsV. Scott L. Silver, Esq. - Plantation, Fl. For Respondent(s): Robert C. Stokes Esq. - St. Petersburg, FL Date Fiied: 11/28/2001 First Scheduled: O8/O6/2002 Decided: 8/6/02 Case Summary: Customer daimant alleges over concenbation in highly speculative technology stocks traded on margin,

(f./O^Cj y New York Stock Exchange In the Matter of Arbitration Between NYSE Case: Prudential Securities incorporated v. Jonattian P. Cusa Attorneys: For Claimant(s): David W. Schmidt Esq. - Cranford, NJ For Respondent(s): Luisa K. Hagemeier Esq. - New York, NY Date Filed: 11/07/2001 First Scheduled: 06/26/2002 Decided: 9/12/2002 Case Summary: Prudential Securities alleges ttiat Johnattian Cusa , a registered representetive,