Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Merrill Lynch, Pierce, Fenner & Smith Incorporated Name of the Respondent ' William Anderson Case Number: 05-02224 Hearing Site: Atlanta, Georgia Nature of the Dispute: Member vs. Associated Person. ' REPRESENTATION OF PARTIES For (Merrill Lynch, Pierce, Fenner & Smith Incorporated, hereinafter referred to as "Claimant": Karen L. Palermo, Esq

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Efrain J. Lopez and 05-02205 Chicago, Illinois Name of Respondent Bane One Securities Corporation Nature of the Dispute: Customer vs. Member. REPRESENTATION OF PARTIES Efrain J. Lopez ("Claimant") was represented by Randy S. Conn, Esq. and Gregory B. Simon, Esq., SimmonsCooper LLC, East Alton, Illinois. Bane One Securities Corporation ("Respondent

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-02181 Ryan Beck & Co., Inc., (Claimant) vs. Hillary Wertlieb, (Respondent) ATTORNEYS: For Claimant Kenneth O'Connor, Esq., of the firm Lubiner & Schmidt, Crandford, NJ. For Respondent appeared Arnold Davis, Esq., Counselor at Law, New York, NY. NATURE OF DISPUTE: Member v. Associated Person DATE FILED: April 22, 2005 CASE SUMMARY: Claimant alleged that Respondent breached a contract by f

Award NASD In the Matter of the Arbitration Between Names of the Claimants Case Number: 01-00530 Dorothy E. Bittner Family Trust Dorothy E. Bittner Names of the Respondents Hearing Site: Tampa, FL Royal Alliance Associates, Inc. Russian River Financial Services, Inc. Jeffrey M. Ambrosio REPRESENTATION OF PARTIES For Dorothy E. Bittner Family Trust (the "Trust") and Dorothy E. Bittner ("Bittner"), hereinafter collectively referred to as "

AWARD NASD Dispute Resolution !r the Matter-of the Arbitration Between Claimants/Counter-Respondents Diarina J. Ives and Joyce A. Sheridan v. Respondent/Counter-Claimant Susan Bendy Case Number: 05-02175 Hearing Site: Detroit, Michigan NATURE OF DISPUTE Customers v. Non-Member Non-Member v. Customers REPRESENTATION OF PARTIES Dianna J. Ives and Joyce A. Sheridan ("Claimants") were represented by Ralph R. Safford, Esq. and Mar

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Xiu Ying Wang, Claimant v. Charles Schwab & Co., Inc., Respondent Case Number: 05-02170 Hearing Site: San Francisco, California Nature of the Dispute: Customer v. Member REPRESENTATION OF PARTIES For Claimant: James Jay Seltzer, Esq. Thomas H. Porter, Esq. Law Offices of James Jay Seltzer Emeryville, California For Respondent: Curt H. Mueller, Esq. Charles Schwab & C

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Names of Claimants i Frank Hartmann, Jr. individually and as Trustee of the Hartmann Family Living Trust dated 5/26/99 and Nancy P. Hartmann as Trustee of the Hartman Family Living Trust dated 5/26/99 and Case Number: 05-02168 Hearing Site: Houston, Texas Name of Respondent Morgan Stanley DW, Inc. NATURE OF DISPUTE Customers v. Member Firm REPRESENTATION O

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Michael T. Anderson, Eric G. Christenson, and Reach Financial Group, LLC, Claimants v. Robert W. Nichols, Stephan R. Pene, S. L. Reed & Company, and Windward Capital Management, Respondents Case Number: 05-02152 Hearing Site: Los Angeles, California Nature of the Dispute: Associated Persons and Non-Member v. Associated Persons, Member, and Non-Member REPRESENTATION OF PARTIES

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Isaac Vidomlanski and Ruth Vidomlanski (Claimants) vs. Investec (US) Incorporated (Respondent) Case Number: 05-02150 Hearing Site: New York, New York Nature of the Dispute: Customer vs. Member REPRESENTATION OF PARTIES Claimants Isaac Vidomlanski ("I. Vidomlanski") and Ruth Vidomlanski ("R. Vidomlanski") hereinafter collectively referred to as "Claimants": Stuart A. Blander, Esq

Award NASD Dispute Resolution In the Matter of the Arbitration Between: John M. Rizzo (Claimant) vs. Kaufman Bros, L.P. (Respondent) Case Number:05-02149 Hearing Site: New York, New York Nature of the Dispute: Associated Person vs. Member REPRESENTATION OF PARTIES Claimant John M. Rizzo ("Rizzo") hereinafter referred to as "Claimant": David A. Gehn, Esq., Gusrae, Kaplan, Bruno & Nusbaum, PLLC, New York, NY. Respondent Kaufman Bros., L.P. ("Kaufman")