NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 03-04965 Helen Ray Bailey & William R. Bailey JTWROS, Claimant v. Kirlin Securities, Inc. and Scott Harris, Respondents. ATTORNEYS: Claimant, Helen Ray Bailey & William R. Bailey JTWROS, ("Claimant"), appeared pro se, Easton, PA. Respondents, (collectively "Respondents"): For Respondent, Kirlin Securities, Inc., ("Kirlin"), appeared in-house counsel, Bradly M. Borodetsky, Esq., Syosset,

I STIPULATED AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Claimant Moses Findley and Respondents Merrill Lynch Pierce Fenner & Smith, Inc., and Brian K. Maxson Case Number: 03-04964 Hearing Site: Detroit, Michigan NATURE OF CASE Customer v. Member and Associated Person REPRESENTATION OF PARTIES Moses Findley ("Claimant") was represented by Wm. Jemison Minns, Jr., Levin Papantonio, Thomas, Eschsne

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Joe M. Cantu and Name of Respondent Citigroup Global Markets, Inc. Case Number: 03-04963 Hearing Site: Houston, Texas NATURE OF DISPUTE Associated Person v. Member Firm REPRESENTATION OF PARTIES Joe M. Cantu ("Claimant") was represented by Rodney Heggy, Esq., of Heggy & Associates, of Oklahoma City, Oklahoma. Citigroup Global Markets, Inc.

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Lynda C.Maus Names of the Respondents Prudential Equity Group, LLC Duane R. Rayburn Case Number: 03-04961 Hearing Site: Pittsburgh, Pennsylvania Nature of the Dispute: Customer v. Member and Associated Person. REPRESENTATION OF PARTTFS Claimant, Lynda C. Maus, hereinafter referred to as "Claimant"^ was represented by Harold J. Bender, Esq., Attorney a

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Therese D. Abdoush, Claimant v. Saad D. Abdoush, Respondent Case Number: 03-04960 Hearing Site: Los Angeles, California Nature of the Dispute: Customer v. Associated Person REPRESENTATION OF PARTIES For Claimant: Paul W. Thomas, Esq. Law Offices of Paul W. Thomas & Associates Carlsbad, California For Respondent: In propria persona Tustin, California CASE INFORMAT

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimants Arnold Forseth and Janet Forseth and 03-04959 Milwaukee, Wisconsin Name of Respondents Investors Advisory Group, Inc., Mark Neumann, Raymond James Financial Services Nature of the Dispute: Customer vs. Member Firm and Associated Person. > REPRESENTATION OF PARTIES Arnold Forseth and Janet Forseth ("Claimants") were represented by Sean Lanphier of Mal

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Boniface Maduka and Boniface Maduka, IRA, Claimants v. Wachovia Securities, LLC and Martin Fouts, Respondents Case Number: 03-04949 Hearing Site: Portland, Oregon Nature of the Dispute: Customer v. Member and Associated Person REPRESENTATION OF PARTIES For Claimants: Richard M. Layne, Esq., Layne & Lewis Portland, Oregon For Respondents: Fredrick D. Huebner, Esq. Cab

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Roberta D. Gates Names of the Respondents Allen Douglas Securities, Inc. Moti T. Khemlani Case Number: 03-04945 Hearing Site: Orlando, Florida Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES For Roberta D. Gates, hereinafter referred to as "Claimant": Austin N. Aaronson, Esq., Aaronson, Austin, P.A.,

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Bachir Jirari, IRA/SEP, Claimant v. Morgan Stanley Dean Witter and Steve Carmandalian, Respondents Case Number: 03-01518 Hearing Site: Los Angeles, California REPRESENTATION OF PARTIES For Claimant: Kenneth S. Gaines, Esq. Law Office of Kenneth S. Gaines Woodland Hills, California For Respondents: Kevin K. Fitzgerald, Esq. Jones, Bell, Abbott, Fleming & Fit

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Names of the Claimants Case Number: 03-04943 Margaret Shields Braden TTEE U/A dated 01/20/1995 Margaret S. Braden Names of the Respondents Hearing Site: Orlando, Florida Merrill Lynch, Pierce, Fenner & Smith Incorporated James L. Smythe Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES For Margaret Shields Braden T