NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 06-00214 National Securities Corporation, (Claimant) vs. Louis Valdez, (Respondent) ATTORNEYS: For Claimant appeared Michael S. Colombo, President and CEO of StreetWide Asset Recovery Group, Inc., Lyndhurst, NJ. Respondent appeared pro se, Brooklyn, NY, NATURE OF DISPUTE: Member v. Associated Person DATE FILED: January 13, 2006 CASE SUMMARY: Claimant alleged that Respondent breached an

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 06-00140 Oppenheimer & Co., Inc., (Claimant) vs. Jimmy But, (Respondent) ATTORNEYS: ~~~" For Claimant appeared in-house counsel Eric J. Shames, Esq., New York, NY. Respondent did not submit an Answer to the Statement of Claim. NATURE OF DISPUTE: Member v. Associated Person DATE FJLED: January 10,2006 CASE SUMMARY: Claimant alleged that Respondent breached an employment contract by faili

NASD DISPUTE RESOLUTION STIPULATED AWARD NASD DISPUTE RESOLUTION CASE: 06-00098 Kirk M. Hardiman, (Claimant) vs. Piper Jaffiay & Company, (Respondent) ATTORNEYS: Claimant appeared pro se, Danville, CA. For Respondent appeared Steven M. Phillips, Esq., of the firm Anthony Ostlund & Baer, P.A., Minneapolis, MN. NATURE OF DISPUTE: Associated Person vs. Member DATE FILED: January 5, 2006 CASE SUMMARY: Claimant requested an Order expunging certain la

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 06-00095 Philip Lee Black, (Claimant) vs. Timothy Martin Foster, (Respondent) ATTORNEYS: Claimant appeared pro se, Fleetwood, PA. Respondent appeared pro se, Germansville, PA. NATURE OF DISPUTE: Associated Person vs. Associated Person DATE FILED: December 29, 2005 CASE SUMMARY: Claimant alleged that Respondent breached a contract by failing to repay monies owed for compensation. Claiman

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Names of Claimants Northland Securities, Inc. and Seth Kahn and Names of Respondents Doughtery & Company, LLC, and Jennifer J. Thompson Case Number: 06-00054 Hearing Site: Minneapolis, Minnesota NATURE OF DISPUTE Member Firm and Associated Person v. Member Firm and Associated Person REPRESENTATION OF PARTIES Northland Securities, Inc. ("Northland") and Seth Ka

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Bank of America Investment Services, Inc. and Name of Respondent Jose Enrique Garcia, Jr. Case Number: 06-00048 Hearing Site: Houston, Texas NATURE OF DISPUTE Member Firm v. Associated Person REPRESENTATION QF PARTIES Bank of America Investment Services, Inc. ("Claimant" or "BAI") was represented by Diane C. Fischer, Esq., Kane & Fischer, Ltd.

AWARD NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between Name of Claimants Southwest Securities, Inc. and SWS Financial Services, Inc. and 01-00637 Dallas, Texas Name of Respondents Gary N. and Mary Ann Rogers REPRESENTATION OF PARTIES Southwest Securities, Inc. and SWS Financial Services, Inc. ("Claimants") were represented by Corbet F. Bryant, Jr., Esq., Carrington, Coleman, Sloman & Blumenthal, Dallas ,Texas. Gary

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Prudential Equity Group, LLC and Case Number: 05-06646 Hearing Site; Houston, Texas Name of Respondent Thomas R. Griffin NATURE OF DISPUTE Member Firm v. Associated Person REPRESENTATION OF PARTIES Prudential Equity Group, LLC ("Claimant" or "Prudential") was represented by David W. Schmidt, Esq., Lubiner & Schmidt, Cranford, New Jersey. Thoma

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Peter Z. Sivere (Claimant) v. JP Morgan Securities, Inc. (Respondent) Case Number: 05-06587 Hearing Site: New York, New York Nature of the Dispute: Associated Person vs. Member. REPRESENTATION OF PARTIES Claimant Peter Z, Sivere ("Claimant"): Edward H. Glenn, Jr., Esq., Zamansky & Associates, LLC., New York, NY Respondent JP Morgan Securities, Inc. ("Respondent"): Jill L. Rosenb

CASE: 05-06395- Oppenheimer & Co., Inc., (Claimant) vs. Paul Carobini, (Respondent) ATTORNEYS: For Claimant appeared in-house counsel, Eric J. Shames, Esq., New York, NY, Respondent appeared pro se y TerryvilJe, CT. NATURE OF DISPUTE: Member v. Associated Person DATE FILED: December 14,2005 CASE SUMMARY; Claimant alleged that Respondent breached an employment contract by failing to repay monies pursuant to the terms of a Promissory Note. Claiman