Award NASD Dispute Resolution In the Matter of the Arbitration Between: Robert Yiambellis and Ann Yiambellis (Claimants) vs. Salomon Smith Barney, Inc. n/k/a Citigroup Global Markets, Inc. (Respondent) Case Number: 04-08749 Hearing Site: Philadelphia, Pennsylvania Nature of the Dispute: Customers vs. Member REPRESENTATION OF PARTIES Claimants Robert Yiambellis ("R. Yiambellis") and Ann Yiambellis ("A. Yiambellis") hereinafter collectively referred t

AWARD NASD Regulation, Inc. In the Matter of the Arbitration Between Margaret Villeneuve Mark Villeneuve Estate of Clement J. Villeneuve Margaret Villeneuve Irrevocable Trust 97-05595 of Reonen Salomon Smith Barney, Inc. Marilyn Sue Swan Donald Clair Stevens For Claimants: Lawrence L. Klayman, P.A., Boca Raton, Florida. For Respondents: Alejandro Schwed, Esq., Associate General Counsel for Smith Barney, Inc., New York, New York.

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Ellen Stein, Claimant v. Morgan Stanley DW Inc. and Alan B. Whitman, Respondents Case Number: 06-02457 Hearing Site: Los Angeles, California Nature of the Dispute: Customer v. Member and Associated Person REPRESENTATION OF PARTIES For Claimant: Jonathan W. Evans, Esq. Jonathan W. Evans & Associates Studio City, California For Respondents: Mauricio S. Beugelmans, Esq. Mor

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Merrill Lewis, Claimant v. Thomas C. Ronk, Respondent Case Number: 05-02842 Hearing Site: Los Angeles, California Nature of the Dispute: Customer v. Associated Person REPRESENTATION OF PARTIES For Claimant: David L. Kahn, Esq. Attorney at Law Fresno, California For Respondent: William M. Turner, Esq. Jones, Bell, Abbott, Fleming & Fitzgerald L.L.P. Los Angeles, Calif

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Wells Fargo Investments, LLC, Claimant v. Martin J. Flores, Jr., Respondent Martin J. Flores, Jr., Counter-Claimant v. Wells Fargo Investments, LLC, Counter- Respondent Martin J. Flores, Third-Party Claimant v. Wells Fargo Bank, Third-Party Respondent Case Number: 06-01483 Hearing Site: Los Angeles, California Nature of the Dispute: Member v. Associated Person Associated Person

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Case Number: 06-02471 Ryan Beck& Co., Inc. Name of the Respondent Hearing Site: Boca Raton, Florida Kelly Buchanan Nature of the Dispute: Member vs. Associated Person. REPRESENTATION OF PARTIES For Ryan Beck & Co., Inc., hereinafter referred to as "Claimant": Joshua S. Pinsky, Esq., Stein, Rosenberg & Stein, Boca Raton, Florida. For Kelly Buchanan, h

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 06-04115 Wachovia Securities, LLC, (Claimant) vs. McKinley J.H. "Chip" Armstrong, II, (Respondent) ATTORNEYS: For Claimant appeared in-house counsel Douglas D. Callaway, Esq., Richmond, VA. Respondent did not submit an Answer to the Statement of Claim. NATURE OF DISPUTE: Member v. Associated Person DATE FILED: September 11, 2006 CASE SUMMARY: Claimant alleged that Respondent failed to r

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 06-02691 Edmundo J. Gonzalez, (Claimant) vs. Phil Woeber and Morgan Stanley DW, Inc., (Respondent) ATTORNEYS: For Claimant appeared Richard S. Frankowski, Esq., of the firm Whatley Drake, LLC, Birmingham, AL. For Respondents appeared in-house counsel Doreen S. Young, Esq., Tampa, FL. NATURE OF DISPUTE: Customer v. Member and Associated Person DATE FILED: June 2, 2006 CASE SUMMARY: C

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 06-03842 Bane of America Investment Services, Inc. (Claimant) v. Robert Notarfrancesco (Respondent) ATTORNEYS: For Claimant Bane of America Investment Services, Inc. ("Claimant") appeared Diane C. Fischer, Kane & Fischer, Ltd., Chicago, IL. For Respondent Robert Notarfrancesco ("Respondent") appeared pro se, Port Jefferson Station, NY. NATURE OF DISPUTE: Member v. Associated Person

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Robert A. Loffredi and Kevin Loffredi, (Claimants) v. Dreher & Associates Inc., James Dreher, Alan Rasnic and Robert Bassari, (Respondents). Case Number: 99-03569 Hearing Site: Chicago, Illinois REPRESENTATION OF PARTIES Claimants, Robert A. Loffredi ("Robert Loffredi") and Kevin Loffredi ("Kevin Loffredi"): James L. Komie, Esq., Schuyler, Roche & Zwirner: Chicago, Illinoi