Award NASD Dispute Resolution In the Matter of the Arbitration Between: Alfred B. Sprague and Sharon G. Sprague, Claimants v. Wells Fargo Investments, LLC and Kyle J. Gauthreaux, Respondents Case Number: 05-01753 Hearing Site: Phoenix. Arizona Nature of the Dispute: Customers v. Member and Associated Person REPRESENTATION OF PARTIES For Claimants: Robert D. Mitchell, Esq. Mitchell Law Offices, PC Phoenix, Arizona For Respondents: Michael J.

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Frank Papa, (Claimant) vs. Morgan Stanley Dean Witter and Ann Allen, (Respondents) Case Number: 01-00521 Hearing Site: New York, New York REPRESENTATION OF PARTIES Claimant, Frank Papa, hereinafter referred to as "Claimant": Guy R. Cirincione, Lincroft, NJ. Respondents, Morgan Stanley Dean Witter ("MSDW") and Ann Allen ("Allen"), hereinafter collectively referred to as "Respon

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-01736 Ryan Beck & Co., Inc., (Claimant) vs. John Poulson, (Respondent) ATTORNEYS: For Claimant appeared in-house counsel, Joanne M. Spataro, Esq., Livingston, NJ. Respondent did not submit an Answer to the Statement of Claim. NATURE OF DISPUTE: Member v. Associated Person DATE FILED; March 31, 2005 CASE SUMMARY: Claimant alleged that Respondent breached an employment contract by fail

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Jon Steiner, Claimant v. Merrill Lynch, Pierce, Fenner & Smith, Incorporated and Adrian Cooper, Respondents Case Number: 05-01715 Hearing Site: Los Angeles, California Nature of the Dispute: Customer v. Member and Associated Person REPRESENTATION OF PARTIES For Claimant Jon Steiner: For Respondent Merrill Lynch, Pierce, Fenner & Smith, Incorporated: Greg A. Metze

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-01710 William F. Kolbe, (Claimant) vs. Merrill Lynda, Pierce, Fenner & Smith, Inc., (Respondent) ATTORNEYS: ' Claimant appeared pm < se, Village of Golf, FL. For Respondent appeared in-house counsel H. Kyeng Lee, Esq., New Yotfc, NY. NATURE OF DISPUTE: Customer vs. Member DATE FILED: March 29, 2005 CASE SUMMARY: Claimant alleged that Respondent breached hiacontract and fiduciary d

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-01707 David W. Lee, (Claimant) vs. Keith Wood and James Groce 3 (Respondents) ATTORNEYS: "" "~~ Claimant appeared pro se, Midland, TX. For Respondents appeared Citigroup Global Market Ihc/s in-house counsel Rebecca Behr^ New York, NY. NATURE OF DISPUTE: Customer vs. Associated Persons ~~ DATE FILED: March 29,2005 CASE SUMMARY: Claimant alleged that Respondents negligently ban

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Frank Ferrante (Claimant) v. BrokerageAmerica, LLC and Andrew Sycoff (Respondents) Case Number: 05-01704 Hearing Site: Newark, New Jersey Nature of the Dispute: Associated Person vs. Member and Associated Person. REPRESENTATION OF PARTIES Claimant Frank Ferrante hereinafter referred to as "Claimant": Peter C. Lucas, Esq., and Lourdes Lucas, Esq., Lucas & McGoughran, LLC, Oakhurst, N

Award NASD Dispute Resolution In the Matter of the Arbitration Between: John Bodnar and Nadine Bodnar, Claimants v. Pacific American Securities, LLC, Vanguard Capital, WBB Securities, LLC, ZA Associates, Inc., and Thomas P. Garrity,, Respondents Case Number: 05-01701 Hearing Site: Los Angeles, California Nature of the Dispute: Customers v. Members and Associated Person REPRESENTATION OF PARTIES For Claimants: For Respondent Pacific American Secu

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-01698 Ryan Beck & Co., Inc., (Claimant/Counterclaim Respondent) vs. Robert Klein, (Respondent/Counterclaim Claimant) ATTORNEYS: For Claimant/Counterclaim Respondent appeared in-house counsel Jeffrey B. Cohen, Livingston, NJ. Respondent/Counterclaim Claimant appeared pro se, White Plains, NY. NATURE OF DISPUTE: Member v. Associated Person DATE FILED: March 28, 2005 CASE SUMMARY: C

DISPUTE RESOLUTION AWARD NASP DISPUTE RESOLUTION CASE: 05-01694 ' (£WaDean ^ Reyn ° ldS ^ (Cl8imant > vs - ^ Allen Lewis, A T T O R N E Y S ! ~ For Claimant appeared Diane C- Fischer, Esq., of the fina Kane & Fischer, Ltd., Chicago, IL Respondent did not submit an Answer to the Statement of Claim. NATURE OF DISPUTE: Member vs. Customer DATE FILED: March 30,2005 ASE SUMJ^