Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: ; nf the Claimants Page Number: 03-02342 Jeff Collins Sybill Collins Tyler Collins, IRA Benjamin Collins, IRA Jessica Collins, IRA Heyward Lowry, IRA James Harold Collins Hazel Collins Pradford Lowery Lendora Lowery Jamie Collins, IRA Timmy Collins, IRA Lisa Florita, IRA Pradford Lowery, IRA Betty Collins, IRA Trenette Deese, IR

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Vasken Keledjian, Claimant v. Vanguard Capital, Inc. and Ara Ishkhanian, Respondents Case Number: 03-02337 Hearing Site: Los Angeles, California Nature of the Dispute: Customer v. Member and Associated Person REPRESENTATION OF PARTIES For Claimant: James E. Judge, Esq. Vanasco Genelly & Miller Chicago, Illinois For Respondents: Jeffrey S. Kob, Esq. Miller Milove & Kob

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Wachovia Securities, Inc. and Case Number: 03-02333 Hearing Site: Houston, Texas Name of Respondent NATURE OF DISPUTE Member Firm v. Associated Person REPRESENTATION OF PARTIES Wachovia Securities, Inc. ("Claimant or Wachovia") was represented by Ronald Kane, Esq., of Kane & Fischer, Ltd., in Chicago, Illinois. John Saccone ("Saccone") of Houston,

STIPULATED AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Names of Claimants Herbert L. Wallace, Individually and as Personal Representative of the Heirs and Estate of Mercedes De-Foronda DeWallace and Elizabeth Wallace-DeDuarte and Names of Respondents Citigroup Global Markets, Inc. and Manny Canales Case Number: 03-02327 Hearing Site: Houston, Texas NATURE OF DISPUTE Customers v. Member Firm and Asso

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Case Number: 03-02326 Morgan Keegan & Company, Inc. Name of the Respondent Hearing Site: Tampa, FL David Addison Nature of the Dispute: Member vs. Associated Person. REPRESENTATION OF PARTIES For Morgan Keegan & Company, Inc. ("Morgan"), hereinafter referred to as "Claimant": Shea O'Brien Hicks, Esq., Staff Attorney, Morgan, Memphis, TN. Respondent D

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Names of the Claimants Case Number: 03-02325 Meer J. Leidersnaider Hana Leidersnaider David Leidersnaider Rebeca Leidersnaider Names of the Respondents Hearing Site: Boca Raton, Florida Merrill Lynch, Pierce, Fenner & Smith Incorporated Anthony J. Garcia Nature of the Dispute: Customer vs. member and Associated Person. REPRESENTATION OF PARTIES For Mee

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Steven G. Newman, (Claimant) vs. Michael S. Weiner and Vincent Cappetta, (Respondents) Case Number: 01-01212 Hearing Site: New York, New York REPRESENTATION OF PARTIES Claimant, Steven G. Newman, hereinafter referred to as "Claimant", appeared pro se. Respondent, Michael S. Weiner: Scott M. Zucker, Esq., Attorney at Law, Jericho, NY. Respondent, Vincent Cappetta ("Cappetta"), did no

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Names of the Claimants Edward and Norma Japalucci, Joint Account; Edward and Norma Japalucci, Trust; Chase Beezer Custodial Account; Edward Japalucci; Norma Japalucci; Edward Japalucci IRA; and, Norma Japalucci IRA Case Number: 03-02323 Empire Financial Group, Inc. and Richard A. Bucher Hearing Site: Boca Raton, Florida REPRESENTATION OF PARTIES

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Case Number: 03-02321 Judith P. Wolfe, individually and on behalf of her IRA Names of the Respondents Hearing Site: Atlanta, Georgia J.P. Turner & Company, L.L.C., Raymond John Rybicki, Reza Mokhberi, William Louis Mello, Cheryl Bauman and Dennis Stephen Madej Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PAR

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name nf the Claimant Case Number- 03-02318 Nancy R. Messham Name nf the Respondent Hearing Site: Pittsburgh, PA Morgan Stanley DW, Inc. Nature of the Dispute: Customer vs. Member REPRESENTATION OF PARTTFS Claimant, Nancy R. Messham, hereinafter referred to as "Claimant", was represented by Robert Sommer, Jr., Esq., Hergenroeder, Rega and Sommer, LLC, Pittsburgh, Pennsylvania