Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of Claimant Case Number: 03-05919 John F. Luby, III Names of the Respondents Hearing Site: New Orleans. Louisiana Merrill Lynch Pierce Fenner & Smith, Inc. Robert Ewing, IV Randy Kirby Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES For John F. Luby, III hereinafter referred to as "Claimant": Samuel David Abraha

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of RUIH J. DUNNAM 88-03202 Name of Respondent (s\. SMITH BARNEY, HARRIS & UPHAM & CO. CASE SUMMARY In a Statement of Claim filed with the NASD cm October 17, 1988, Claimant Ruth J. Dunnam alleged that Respondent Smith Barney, Harris Upham & Co., Inc. committed breach of contract, negligence, gross-negligence, unsuitability and fraud in

Award NASD Dispute Resolution In the Matter of the Arbitration Between: John F. Crawley, Claimant v. Carlin Equities Corporation n/k/a Carlin Equities, LLC, Respondent Case Number: 06-01482 Hearing Site: Denver, Colorado Nature of the Dispute: Customer v. Member REPRESENTATION OF PARTIES For Claimant: Russell K. Bean, Esq. Dana Baggs, Esq. Krys Boyle, P.C. Denver, Colorado For Respondent: D. Elizabeth Wills, Esq. Michael Pippenger, E

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between: Name of Claimant James Kanellitas vs. Case Number: 05-05979 Hearing Site: Minneapolis, Minnesota Names of Respondents Piper Jaffray & Co., and Thomas Patrick Schnettler and Consolidated with: Name of Claimant James Kanellitas vs. Case Number: 05-05980 Hearing Site: Minneapolis, Minnesota Name of Respondent Piper Jaffray & Co. NATURE OF THE DISPUTE

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between ~ Name of Claimant Elliot Braun 95-00237 Name of Respondents A.S. Goldmen & Co., Inc. Chris J. Richardson REPRESENTATION Claimant Elliot Braun ("Claimant") appeared pro se. For Respondents Chris Richardson ("Richardson") and A.S. Goldmen & Co., Inc. ("A.S. Goldmen") appeared Phoebe A. Wilkinson, Esq. of the law firm of Chadbourne & Parke LL

Stipulated Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Name of Claimant: Albacora Corporation Case No: 99-03393 Names of Respondents: Prudential Securities, Inc., Carlos A. Gallo, Jeannie Adams and Alejandro Riquezes Hearing Site: Boca Raton, Florida REPRESENTATION OF PARTIES For Albacore Corporation ("Albacora") hereinafter referred to as "Claimant": Melanie S. Cherdack, Esq., Genovese, Lichtman, Joblov

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Nam? of Claimant Harold Bonin 94-02809 Name of Respondents Noah Maltz John Puglisi James W. Bullard Vincent D. Cantella CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on July 19, 1994, Claimant Harold Bonin, who appeared Pro Se, alleged that Respondents James W. Bullard ("Bullard"), John Puglisi

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Roland Stanley 94-05217 Name of Respondent Jay A. Gilston CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on December 12,1994, Claimant Roland Stanley, who appeared Pro Se, alleged that Respondent Jay A. Gilston misrepresented an investment which resulted in a loss. Oaimant further allege

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimants) David and Linda Benjamin 95-05995 Name of Respondents) Karen Billings REPRESENTATION For Claimants David & Linda Benjamin, Howard A. Winter, Esq. located in New York, New York. For Respondent Karen Billings, Leon B. Lipkin, Esq. located in New York, New York. CASE INFORMATION Statement of Claim filed: December 20, 1995.

NASD REGULATION AWARD NASD REGULATION, INC. In the Matter of the Arbitration Between Name of Claimant Mark Zimmer 95-02684 Name of Respondent PaineWebber, Inc. REPRESENTATION For Claimant, Mark Zimmer ("Claimant"), appeared Brian E. Mass, Esq., of the law firm of Beldock Levine & Hoffman located in New York, New York. For Respondent, PaineWebber, Inc. ("Respondent"), appeared Frederic L. Lieberman, Esq., of the law firm Jackson Lewis Sch