STIPULATED AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Names of Claimants David G. Walker and Betty Jane Walker and Names of Respondents UBS Financial Services, Inc., and Nathan J. Fruh Case Number: 05-00247 Hearing Site: Houston, Texas NATURE OF CASE Customers v. Member Firm and Associated Person REPRESENTATION OF PARTIES David G. Walker and Betty Jane Walker ("Claimants") were represented by Kevin O.

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-00245 Ralph Walter Grabowski, Ralph E. Grabowski and Gary W. Grabowski, (Claimants) vs. Princor Financial Services Corporation, (Respondent) ATTORNEYS: Claimants appeared pro se, Pittsburgh, PA. For Respondent appeared Kenneth M. Kolaski, Esq., of the firm Reed Smith LLP, Philadelphia, PA. NATURE OF DISPUTE: Associated Persons vs. Member DATE FILED: January 18, 2005 CASE SUMMARY

Award NASD Dispute Resolution In the Matter of the Arbitration Between: New Castle Financial Group Inc., Claimant v. Scott P. Holcomb, Respondent Case Number: 05-00239 Hearing Site: Los Angeles, California Nature of the Dispute: Member v. Customer REPRESENTATION OF PARTIES For Claimant: Stanley S. Zinner, Esq. Greene & Zinner, P.C. White Plains, New York For Respondent: Scott P. Holcomb, Esq. In Propria Persona Mission Viejo, California

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Names of the Claimants Peter Robertson and Susan Robertson Names of Respondents Triad Advisors, Inc. Canterbury Investment Group, Inc. Cliff Scott Golob Case Number: 05-00233 Hearing Site: Orlando, Florida Nature of the Dispute: Customer vs. Member, Non-Member and Associated Person. REPRESENTATION OF PARTIES For Peter Robertson and Susan Robertson, hereinafter co

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Carlin Equities Corporation (Claimant) vs. Pat Franzese (Respondent) Case Number: 05-00223 Hearing Site: New York, New York Nature of the Dispute: Member vs. Associated Person REPRESENTATION OF PARTIES Claimant Carlin Equities Corporation hereinafter referred to as "Claimant": Daniel Viola, Esq., Carlin Equities Corporation, New York, NY. Respondent Pat Franzese hereinafter refe

Award NASD Dispute Resolution In the Matter of the Arbitration Between: G. Keith Dolan, Claimant v. Royal Hutton Securities Corp., Michael F. Dobbs., and John T. Pisapia, Respondents Case Number: 01-00435 Hearing Site: San Diego, California REPRESENTATION OF PARTIES For Claimant: For Respondent Royal Hutton Securities Corp. For Respondent Michael F. Dobbs: For Respondent John T. Pisapia: CASE INFORMATION Arthur Leider Investors A

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-00219 Doreen Keeley (Claimant) v. Citigroup Global Markets, Inc. (Respondent) ATTORNEYS: ~~~~~~ For Claimant Doreen Keeley ("Claimant") appeared David Bishop, Esq., Sayville, NY. Claimant appeared Pro Se For Respondent Citigroup Global Markets, Inc. ("Respondent") appeared Joseph L. Calabrese, Esq., in-house counsel, Citigroup Global Markets, Inc., New York, NY. NATURE OF DISPUTE: Custom

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Wachovia Securities, LLC, Claimant v. Larry A. Trailer, Respondent Larry A. Trailer, Counter-Claimant v. Wachovia Securities, LLC, Counter-Respondent Case Number: 05-00217 Hearing Site: Los Angeles, California Nature of the Dispute: Member v. Associated Person Associated Person v. Member REPRESENTATION OF PARTIES For Claimant/Counter-Respondent Wachovia Securities, LLC ("Wac

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 05-00199 Wachovia Securities, LLC, (Claimant) vs. Anna M. Johnson, (Respondent) ATTORNEYS: For Claimant appeared Renan Sugarman, Esq., Chicago, IL. Respondent appeared pro se, Glendale, AZ. NATURE OF DISPUTE: Member v. Associated Person DATE FILED: January 11, 2005 CASE SUMMARY: Claimant alleged that Respondent failed to repay monies owed pursuant to the terms of a Promissory Note. Clai

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Claimant Robert C. Naumann i v. 05-00198 Denver, Colorado Respondents Janney Montgomery Scott, LLC and Albert J. Copperstone NATURE OF DISPUTE Customer v. Member and Associated Person REPRESENTATION OF PARTIES Robert C. Naumann ("Claimant") was represented by Eric H. Schunk, Esq., of The Law Offices of Eric H. Schunk, Esq., Boulder, Colorado, i Jan