NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 06-02067 Newbridge Securities Corporation, (Claimant) vs. Alfonso Miranda, (Respondent) ATTORNEYS: For Claimant appeared Michael S. Colombo, President and CEO of the firm StreetWide Asset Recovery Group, Inc., Lyndhurst, NJ. Respondent did not submit an Answer to the Statement of Claim. NATURE OF DISPUTE: Member v. Associated Person DATE FILED: April 21, 2006 CASE SUMMARY: Claimant alle

Award NASD Dispute Resolution In the Matter of the Arbitration Between: David L. Romel (Claimant) vs. Charles R. Spurgeon and ING Financial Partners, Inc. (Respondents) Case Number: 06-01715 Hearing Site: Cleveland, Ohio Nature of the Dispute: Customer vs. Associated Person and Member REPRESENTATION OF PARTIES Claimant David L. Romel hereinafter referred to as "Claimant": Alice L. Stewart, Esq., Duquesne University School of Law, Pittsburgh, PA.

Award NASD Dispute Resolution In the Matter of the Arbitration Between: UBS Securities, LLC (Claimant) vs. Bane of America Securities, LLC (Respondent) Case Number: 06-01714 Hearing Site: New York, New York Nature of the Dispute: Member vs. Member: REPRESENTATION OF PARTIES Claimant UBS Securities, LLC hereinafter referred to as "Claimant": Jonathan L. Hochman, Esq., Schindler Cohen & Hochman LLP, New York, NY. Respondent Bane of America Securities,

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 06-01357 Ryan Beck & Co., Inc., (Claimant) vs. Jeffrey Herb, (Respondent) ATTORNEYS: For Claimant appeared Jennifer Woods Burke, Esq., of the firm Lubiner & Schmidt, Cranford, NJ. For Respondent appeared Kevin J. Sommar, Esq., of the firm Sommar, Tracy & Sommar, Lansdale, PA. NATURE OF DISPUTE: Member v. Associated Person DATE FILED: March 15, 2006 CASE SUMMARY: Claimant alleged tha

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Michael Keane (Claimant) vs. Morgan Stanley DW, Inc. and John McGrane (Respondents) Case Number: 06-00676 Hearing Site: Newark, New Jersey Nature of the Dispute: Customer vs. Member and Associated Person REPRESENTATION OF PARTIES Claimant Michael Keane hereinafter referred to as "Claimant": Devanshu L. Modi, Esq., Lyon, Glassman, Leites & Modi, LLC, Florham Park, NJ. Respond

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Dr. James J. Main (Claimant) vs. Joseph Stevens & Company (Respondent) Case Number: 06-00242 . Hearing Site: New York, New York Nature of the Dispute: Customer vs. Member REPRESENTATION OF PARTIES Claimant Dr. James J. Main hereinafter referred to as "Claimant": David E. Robbins, Esq., Kaufmann, Feiner, Yamin, Gildin, & Robbins, New York, NY. Respondent Joseph Stevens & Company

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Alvin T. Greenspan and Edith W. Greenspan (Claimants) v. Fidelity Brokerage Services, LLC (Respondent). Case Number: 05-06681 Hearing Site: Philadelphia, Pennsylvania Nature of the Dispute: Customers vs. Member REPRESENTATION OF PARTIES Claimants Alvin T. Greenspan ("A. Greenspan") and Edith W. Greenspan ("E. Greenspan") hereinafter collectively referred to as "Claimants": Norma

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Christopher Bibow (Claimant) v. Merrill, Lynch, Pierce, Fenner & Smith, Inc. (Respondent) Case Number: 05-05940 Hearing Site: New York, New York Nature of the Dispute: Associated Person vs. Member. REPRESENTATION OF PARTIES Claimant Christopher Bibow hereinafter referred to as "Claimant": Edward H. Glenn, Jr., Esq., Zamansky & Associates, LLC, New York, New York.

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Barclay Investments, Inc., (Claimant) vs. Robert G. Palmeiro and Robert J. Eldridge, (Respondents) Case Number: 99-02311 Hearing Site: Boston, Massachusetts REPRESENTATION OF PARTIES Claimant, Barclay Investments, Inc., hereinafter referred to as "Claimant": Kevin M. Brill, Esq., Peabody & Brown, Providence, RI. Respondent, Robert G. Palmeiro ("Palmeiro"): Barry J. Kusinic

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Cynthia Baynes (Claimant) v. A. Roger Boriel and A.G. Edwards & Sons, Inc. (Respondents). , Case Number: 05-05823 Hearing Site: New York, New York Nature of the Dispute: Customer vs. Member and Associated Person REPRESENTATION OF PARTIES Claimant Cynthia Baynes hereinafter referred to as "Claimant": Gary G. Staab, Esq., Law Office of Gary Staab, White Plains, NY. Respondents