i NYSE New York Stock Exchange In the Matter of Arbitration Between Case: U.S. Bancorp Piper Jaffray, Inc. vs. John F Monaiian, Jr. Attorneys: For Claimant(s): Nathan P. Brenna - i^inneapolis, MN For Respondent(s): John Callahan - Scottsdale, AZ For Srd Party: Date Filed: 4/8/2003 First Scheduled: 10/20/2003 Decided: 10/20/2003 Case Summary: Member Firm vs. Registered Rep (former employee) seeking to recover amounts allegedly

Arbitration Cases Page 1 of2 I NYSE New York Stock Exchange In the Matter of Arbitration Between Case: Merrill, Lynch, Pierce, Fenner & Smith, custodian FPD Douglas J. Hubbard, I.R.A. FBO Douglas J. Hubbard v. Merrill, Lynch, Pierce, Fenner & Smith, Inc., Joseph Collins Docket Number: 2003-011686 Attomeys: For Claimant(s): Erwin Cohn - Chicago, IL For Respondent(s): Frank D. LoMonte - Atlanta, GA Date Ffled: 4/7/2003 Fint Sch

• NYSE New York Stock Exchange In the Matter of Arbitration Between Case: Florence Henochowicz v. Morgan Stanley Docket Number: 2003-011665 Attomeys: For Clainiant(s): Florence Henochowicz - Piano, TX For Respondent(s): Theresa Clarkson - New York, NY Date Filed: 3/31/2003 First Scheduled: 11/13/2003 Decided: 11/13/03 Case Summary: Customer claimant alleges that the respondent invested her account in unsuitable securities bas

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION. INC. CASE: 01-03702 Dorothy Burello Henriksen, Claimant vs. Morgan Stanley Dean Witter, Inc., Respondent. ATTORNEYS Claimant, Dorothy Burello Henriksen, appeared Pro Se, Hiram, California. Respondent, Morgan Stanley Dean Witter, Inc. appeared through its in-house counsel, Keith Guilfoyle, Esq., New York, New York. DATE FILED: July 12, 2001 CASE SUMMARY: Claimant alleged that Respondent failed to

AWARD NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between Name of Claimants Mario L. DeCristoforo and Kattie Pearl Thimas and 00-01242 Scottsdale, Arizona Name of Respondents First Union Securities, Inc. David K. Luke REPRESENTATION OF PARTIES Mario L. DeCristoforo and Kattie Pearl Thomas ("Claimants") were represented by Robert D. Mitchell, Esq., Mitchell Law Offices, Phoenix, Arizona. First Union Securities, Inc.

I NYSE New Yoric Stock Exchange In the Matter of Arbitration Between Case: Janney Montgomery Scott, LLC vs. Paul Chappell Attorneys: For Claimant(s): Carrie Chelko - Philadelphia, PA For Respondent(s): Paul Chappell - Maitland, FL For Srd Party: Date Filed: 3/17/2003 First Scheduled: 10/13/2003 Decided: 11/5/03 Case Summary: Member Firm vs. Registered Rep (former employee) seeking to recover amounts allegedly due under the te

i NYSE ^ U^' New York Stock Exchange In the Matter of Arbitration Between Case: Abdullatif Guler v. Wachovia Securities Attorneys: For Claimant(s): Abdullatif Guler - Washington, DC For Respondent(s): Todd Ratner - Richmond, VA For 3rd Party: ate Filed: 3/19/2003 First Scheduled: 9/25/2003 Decided: 9/25/2003 Case Summary: Customer claimant alleges mismanagement of accounl and improper sale of stocks." Product: Equ

New York Stock Exchange In the Matter of Arbitration Between y NYSE Case: L. Samantha Harrison v. Quick & Reilly Attorneys: For Claimant(s): L. Samantha Harrison - Ellenwood. GA For Respondent(s). Matthew S. Diggins Esq. - New York. NV Date Filed: 03/04/2003 Case Summary: Claimant. a public customer. First Scheduled: 05/15/2003 Decided: 06/20/2003 alleges negligence and msimamangement with respect to her account. Product

• NYSE New York Stock Exchange In the Matter of Arbitration Between Case: William D. Cohan v. J.P. Morgan Chase & Co., J.P. Morgan Securities, Inc. Docket Numben 2003-011573 Attorneys: For Claimant(s): Jeffrey L. Liddle - New York, NY For Respondent(s): Frederic L. Lieberman - New York, NY Stephen L. Ratner - New York, NY Date Filed: 3/19/2003 First Scheduled: 09/28/2004 Dedded: 6/1/2005 Case Summary: Claimant, former employee of res

^NYSE New York Stock Exchange In the Matter of Arbitration Between Case: Joann £. Arena vs. Morgan Stanley Dean Witter and Daniel Latini Attomeys: For Qaiinant(s): David Cohn - New York, NY ForRespondent(s): William Briendel - New York, NY Date Filed: 3/7/2003 First Scheduled: 11/21/03 Decided: 11/21/2003 Case Summary: Customer vs. Member Firm and Registered Rep alleging unsuitable investments, chuming, lack of diversification, failu