Award NASD Dispute Resolution In the Matter of the Arbitration Between: Vincent Leogrande (Claimant) v. Glenn Michael Financial, Inc., Francine Lanaia, and Peter Muratore (Respondents) Case Number: 03-05077 Hearing Site: New York, New York Nature of the Dispute: Customer vs. Terminated Member and Associated Persons. REPRESENTATION OF PARTIES Claimant Vincent Leogrande ("Leogrande") hereinafter referred to as "Claimant": Timothy Feil, Esq., Finkelste

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Marie A. Bell, Claimant v. A.G. Edwards & Sons, Inc., Respondent Case Number: 03-05075 Hearing Site: San Francisco, California Nature of the Dispute: Customer vs. Member REPRESENTATION OF PARTIES For Claimant: Brett A. Alcala, Esq. Alcala Law Firm San Mateo, California For Respondent: Matthew Salamon, Esq. A.G. Edwards & Sons, Inc. St. Louis, Missouri CASE INFORM

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimants Case Numher: 03-05074 Ying Chun Yeung Kai Sun Yeung Name nf the Respondent Hearing Site- Philadelphia, PA Jun Yang, Administratrix of the Estate Of Shu Ming Feng Name nf the ThirH-Party Respondent Clark Street Capital, Inc. Nature of the Dispute: Customers vs. Associated Person. RFPKFSFNTATTON Off PARTIES Claimants Ying Chun Yeung and Kai Su

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of thf> Tlaimant Case Number! 03-05073 Larry Madres, Individually and As Custodian for Joseph and Brett Madres, UGMA Names nf th^ Respondents Hearing Site- Philadelphia, Pennsylvania A.G. Edwards & Sons, Inc. George Melvin Schwartz, Jr. Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES Claimant, Larry Madres, Indi

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name Claimant Joanne T. Thorn rase Number- 03-05072 Names of the Respondents Wachovia Securities, LLC Thomas Taggart Sheila Buck Hearing Site: Philadelphia, Pennsylvania Nature of the Dispute: Customer vs. Member and Associated Persons. RFPRFSFNTATTON OF PARTHT.S Claimant Joanne T. Thorn, hereinafter referred to as "Claimant", was represented at the hearing

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Claimants Margaret Burroughs, Michal Burroughs and Catherine Azar v. 03-05071 Denver, Colorado Respondents Shelman Securities, Inc., SWS Securities, Inc., Kevin I. Austin and Kevin M. Weaver Nature of Dispute: Customers v. Terminated Member, Member and Associated Persons REPRESENTATION OF PARTIES Margaret Burroughs, Michal Burroughs and Catherine Azar, hereinafter

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 03-05069 Raymond, James & Associates, Inc. Claimant v. Daniel Drew, Respondent. ATTORNEYS: Claimant, Raymond, James & Associates, Inc., ("Claimant") appeared through its in-house counsel, Leslie A. Reese, Esq., St. Petersburg, FL. Respondent, Daniel Drew, ("Respondent") appeared pro se, Marco Island, FL. NATURE OF DISPUTE: Member v. Associated Person DATE FILED: July 10, 2003 CASE SUMMA

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Peter ,C. Frank, Claimant v. Morgan Stanley Dean Witter, Inc., Respondent Case Number: 01-01523 Hearing Site: Los Angeles, California REPRESENTATION OF PARTIES For Claimant Peter C. Frank: For Respondent Morgan Stanley Dean Witter, Inc. Robert A. Uhl, Esq. Ryan K. Bakhtiari, Esq. Aidikoff&Uhl Beverly Hills, California Patricia A. Gomez, Esq. Morgan Stanley De

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Case Number: 03-05067 Linda Samuel Names of the Respondents Hearing Site: Boca Raton, Florida Moors & Cabot, Inc. Daniel Morales Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES For Linda Samuel, hereinafter referred as "Claimant": Randall W. Henley, Esq., Randall W. Henley, P.A., West Palm Beach, Florida.

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Shaoher Pan, Claimant v. Salomon Smith Barney, Inc. (n.k.a. Citigroup Global Markets, Inc.), William Michaelsen, David Nee, and Felipe Luna, Respondents Case Number: 03-05058 Hearing Site: San Francisco, California Nature of the Dispute: Customer v. Member and Associated Persons REPRESENTATION OF PARTIES For Claimant: For Respondents: Timothy A. Canning, Esq.