Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Friedrich E. Hechler, (Claimant) vs. Joseph Dillon and Company and Oleg Ferdman, (Respondents) Case Number: 00-01253 Hearing Site: Buffalo, New York REPRESENTATION OF PARTIES Claimant, Friedrich E. Hechler, hereinafter referred to as "Claimant": Donald G. McGrath, Esq., McGrath & Polvino, Williamsville, NY (Mr. McGrath was with the firm of Falk & Siemer, LLP, Buffalo, NY,

\ew York Stock Exchange In the Matter of Arbitration Between NYSE Case: Salomon Smith Bamey, Inc. v. Wagenti, Joseph Attorneys: For Claimant(s): Julie D. Arp Esq. - Atiante, GA For Respondent(s): Joseph Wagenti - Midland, GA Date Filed: 10/22/2001 First Scheduled: 05/31/2002 Decided: 08/26/2002 Case Summary: Claimant a member firm, alleges Respondent a public customer failed to meet a Margin call, thereby creating a need to liquidate

New York Stock Exchange 1 the Matter of Arbitration Between y NYSE Case: Prudential Securities, Inc. V. Amy Kay Tate Attorneys: For Clalmant(s): Juliette Steffe Esq. - Chicago, IL For Respondent(s): Barry W. Norfleet Esq. - Louisville, KY Date Filed: 10/17/2001 First Scheduled: 06/20/2002 Decided: 12-19-2002 Case Summary: The Stetement of claim seeks injunctive relief and monetery damages for alleged breach of conbact between tti

New York Stock Exchange In the Matter of Arbitration Between NYSE Case: Jyoti A. Shah v TD Waterhouse Investor Service, Inc. Attorneys: For CIaimant(5): Jyoti A. Shah - Kalamazoo, Ml For Respondent(s): Janis Campanella Esq. - Boca Raton, FL Date Filed: 10/19/2001 Case Summary: ClaimanL causing ttading losses. a customer. First Scheduled: has alleged ttiat respondent erroneously imposed 1 Product: Decided: 02/14/2002

New York Stock Exchange In the Matter of Arbitration Between NYSE Case: Llcla A. DeCamilis, as Power of Attorney for Albert BellizI v. Morgan Stenley Dean Witter and Alan Sharpe Attorneys: For Claimant(s): Edward H. Gtenn, Jr. Esq. - New York, NY For Respondent(s): Debra Rotti Esq. - New Yori< , NY Date Filed: 10/15/2001 First Scheduled: 07/15/2002 Decided: -y/2ysy< szi. Case Summary: The Stetement of Claim alleges ttiat the account wa

lew York Stock Exchange In the Matter of Arbitration Between Ly NYSE Case: Eduardo Fabrico Ojeda and Laura Elena Ojeda, v. Menill Lynch, Adriana Teresa Santonlcelis (a/k/a Adriana Santoni), Jon Ginsburg, and Rebecca Benavidez Attorneys: For Claimant(s): Jonattian K. Lagemann Esq. - New York, NY For Respondent(s): Hayden Burns Esq. - Houston, TX Date Filed: 10/12/2001 First Scheduled: 06/24/2002 Decided: Case Summary: Claimante, p

New York Stock Exchange In the Matter of Arbitration Between NYSE Case: Jannev Montgomery Scott v. Richard D. Gluck Attorneys: For Claimant(s): Ms. Carrie L. Chelko Esq. - Philadelphia, PA For Respondent(s): Arthur C. Koski - Boca Raton, FL Date Filed: 10/12/2001 First Scheduled: 07/11/2002 Decided: 7/11/2002 Case Summary: Member firm claimant alleges breach of contract and non-payment of promissory note. Product: PROMISSORY NOTE

.iCw York Stock Exchange In the Matter of Arbitration Between y NYSE Case: Janney Montgomery Scott LLC v. George Fallica Attorneys: For CIaimant(s): John Bisordi Esq. - Philadelphia, PA For Respondent(s): George Fallica - Aventura, FL Date Fiied: 10/08^001 First Scheduled: oa/06/2002 Decided: 06/06/2002 Case Summary: Member firni claimant alleges breach of agreement and non-payment of promissory note. Product: PROMISSORY NOTE

.Vew York Stock Exchange In the Matter of Arbitration Between y NYSE Case: James Harrison Cohen vs. Morgan Stanley Dean Witter and Jim Minck Attorneys: For Claimant(s): Janfies H. Cohen - New Yori< , NY For Respondent(s): Douglas F. Stone Esq. - New York, NY Date Filed: 10/05/2001 First Scheduled: 02/21/2002 Decided: 03/11/2002 Case Summary: Customer vs. Member Firm and Registered Rep alleging unsuitable invesbnents, wrongful trades,

New York Stock Exchange In the Matter of Arbitration Between -I^YSE .:ase: David Slgmon, Fred Sigmon, Faye H. Sigmon, Kemp Sigmon, Christy C. Sigmon and J. Stan Winstead v. UL Wachovia and Claude Shuford Abemettiy, Jr. Attorneys: For Claimant(s): Nicholas D. Thomas Esq. - Raleigh, NC For Respondent(s): George C. Covington Esq. - Chariotte, NC Date Filed: 10/O8/2001 First Scheduled: 06/24/2002 Decided: 9/27/2002 Case Summary: The