AWARD NASD Dispute Resolution In the Matter of the Arbitration Between: Name of Claimant Tony Marshall vs. Case Number: 06-02174 Hearing Site: Chicago, Illinois Name of Respondent Stifel, Nicolaus & Company, Inc. NATURE OF THE DISPUTE Customer vs. Member REPRESENTATION OF PARTIES Tony Marshall ("Claimant") was represented by Andrew Stoltmann, Esq., Stoltmann Law Offices, P.C., Chicago, Illinois. Stifel, Nicolaus & Company, Inc. (

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between: Name of Claimant Michael C. Dawson vs. Case Number: 05-03530 Hearing Site: Houston, Texas Name of Respondent Goldman, Sachs and Company NATURE OF THE DISPUTE Associated Person vs. Member REPRESENTATION OF PARTIES Michael C. Dawson ("Claimant" or "Dawson") was represented by Rogge Dunn, Esq., Dallas, Texas. Goldman, Sachs and Company ("Respondent" or "Goldman"

Modified Award NASD Dispute Resolution In the Matter of the Arbitration Between: Citigroup Global Markets Holdings Inc. (Claimant) v. Richard N. Blackwood (Respor.dent) Case Number: 05-04803 Hearing Site: Boston, Massachusetts Nature of the Dispute: Non-Member vs. Associated Person. REPRESENTATION OF PARTIES Claimant Citigroup Global Markets Holdings, Inc. hereinafter referred to as "Claimant": Kenneth O'Connor, Esq., Lubiner & Schmidt, Cranford, NJ

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Robert A. Smith, (Claimant) vs. Ryan, Beck & Co., (Respondent) Case Number: 99-03628 Hearing Site: New York r New York REPRESENTATION OF PARTIES Claimant, Robert A. Smith, hereinafter referred to as "Claimant": Gary E. Fox, Esq., Fox & Gemma LLC, Ocean, NJ. Respondent, Ryan, Beck & Co., hereinafter referred to as "Respondent": Robert M. Berson, Esq., Executive Vice

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between: Name of Claimant Jimmy E. Jackson vs. Case Number: 06-01669 Hearing Site: Dallas, Texas Name of Respondent Colby & White, LP NATURE OF THE DISPUTE Customer vs. Member REPRESENTATION OF PARTIES Jimmy E. Jackson ("Claimant") was represented by Richard A. Lewins, Esq., Burg Simpson Eldredge Hersh Jardine, PC, Dallas, Texas. Colby & White, LP ("Respondent") was r

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between: Name of Claimant Jose Javier Mora-Galaz vs. Names of Respondents Wallstreet Electronica, Inc. and Jose Rafael Mirabal Case Number: 05-05126 Hearing Site: Houston, Texas NATURE OF THE DISPUTE Customer vs. Member and Associated Person REPRESENTATION OF PARTIES Jose Javier Mora-Galaz ("Claimant") was represented by Scott L. Silver, Esq., Blum & Silver, LLP,

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Charles Wilkins (Claimant) vs. Joseph Stevens & Company, Inc., and James P. Vivona (Respondent) Case Number: 06-01382 Hearing Site: New York. New York Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES Claimant Charles WUkins hereinafter referred to as "Claimant": Noah M. Weissman, Esq., Bryan Cave, LLP, New York, NY. Respondents Jose

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 06-04759 Summit Brokerage Services, Inc., (Claimant) vs. Jonathan Peskin, (Respondent) ATTORNEYS: For Claimant appeared in-house counsel Michele Lynn Bloom, Esq., Boca Raton, FL. For Respondent appeared Delmar C. Cowing, 111, Esq., Ocean Ridge, FL NATURE OF DISPUTE; Member v. Associated Person DATE FILED: October 26, 2006 CASE SUMMARY: Claimant alleged that Respondent breached a contract by

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 06-04155 Robert Bauer, (Claimant) vs. Morgan Stanley DW, Inc., (Respondent) ATTORNEYS: For Claimant appeared Gregory S. Tendrich, Esq., of the firm The Law Offices of Gregory S. Tendrich, P.A., Boca Raton, FL. For Respondent appeared in-house counsel Doreen S. Young, Esq., Tampa, FL. NATURE OF DISPUTE: Customer vs. Member DATE FILED: September 10, 2006 CASE SUMMARY: Claimant alleged tha

Award NASD Dispute Resolution In the Matter of the Arbitration Between: John Dolan (Claimant) vs. Bernice DeLynn (Respondent) Case Number: 06-04681 Hearing Site: New York, New York Nature of the Dispute: Associated Person vs. Customer REPRESENTATION OF PARTIES Claimant John Dolan hereinafter referred to as "Claimant": Susan D. Grannum, Esq., and Christine Lazaro, Esq., Davidson & Grannum, LLP, Orangeburg, NY. Respondent Bernice DeLynn hereinafter re