Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: nf the rigitnant Past* Number: 04-08295 Anthony S. Pattee Namftg nf tViR RcfipfmHante Hearing Site! Washington, DC Legacy Financial Services, Inc. Joseph R. Karsner, IV Nature of the Dispute: Customer vs. Member and Associated Person. ttF.PttF.SF.NTATfffcN OF PARTIF.S Claimant, Anthony S. Pattee, hereinafter referred to as "Claimant", was represented by William

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Case Number: 04-08292 Sandro Grimaldi Name of the Respondent Hearing Site: Boca Raton, Florida VFinance Investments, Inc. Nature of the Dispute: Customer vs. Member. ( REPRESENTATION OF PARTIES i For Sandro Grimaldi, hereinafter referred to as "Claimant": Jonathan M. Drucker, Esq., Trescott, Drucker & Vasallo, P.L., Coral Gables, Florida, For

r Award NASD Dispute Resolution In the Matter of the Arbitration Between: Vanguard Capital, Inc. (Claimant) v. Jean A. Vitale, Jean A. Vitale IRA (Respondents) and Jean A. Vitale and Jean A. Vitale IRA (Claimants) v. Vanguard Capital, Inc. Case Number: 01-00376 (consolidated w/Ql-06335) Hearing Site: Boston, Massachusetts Nature of the Dispute: (01-00376) Member v. Customers. (01-06335) Customers v. Member. REPRESENTATION OF PARTIES 01-00376

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Names of the Claimants Christopher and Angela G. LaCombe Name of the Respondent Edward D. Jones & Co. L.P. oVb/a Edward Jones Case Number: 04-08291 Hearing Site: New Orleans, Louisiana Nature of the Dispute: Customer vs. Member. REPRESENTATION OF PARTIES For Christopher and Angela G. LaCombe, hereinafter collectively referred to as "Claimants": Charles Hunter, Es

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Rita Ulrikson and 04-08288 Kansas City, Missouri Name of Respondents Invest Financial Corporation Barbara A. Kay Nature of the Dispute: Customer vs. Member REPRESENTATION OF PARTIES Rita Ulrikson ("Claimant") was represented by Barry D. Estell, Esq., Mission, Kansas. Invest Financial Corporation ("Respondent Invest Financial") and Barbara A. Kay (

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Lloyd H.Wright and Name of Respondent Merrill Lynch Pierce Fenner & Smith, Inc. Case Number: 04-08283 Hearing Site: Houston, Texas NATURE OF DISPUTE Customer v. Member REPRESENTATION OF PARTIES Lloyd H. Wright ("Wright" or "Claimant") was represented by Celeste M. Chiaramonte, Esq., Woska & Hayes, LLP, Kingwood, Texas. Merrill Lynch Pierce

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 04-08256 Raymond James Financial Services, Inc.., (Claimant) vs. Theodore Pena, (Respondent) ATTORNEYS: For Claimant appeared in-house counsel Leslie A. Reese, Esq., St. Petersburg, FL. For Respondent appeared Robert C. Scrivo, Esq., of the firm McElroy, Deutsch, Mulvaney & Carpenter, LLP, Morristown, NJ. NATURE OF DISPUTE: Member v. Associated Person DATE FILED: November 24, 2004 CASE

In the Matter of the Arbitration Between: Wachovia Securities, LLC, (Claimant) vs. Richard Andrew Baker (Respondent) Case Number: 04-08254 SITUS: Philadelphia, Pennsylvania. NATURE OF DISPUTE: Member v. Associated Person. REPRESENTATION OF PARTIES Wachovia Securities, LLC ("Wachovia"), hereinafter referred to as "Claimant": Jonathan E. Levine, Esq., Law Office of Daniel S. Fiore, Arlington, Virginia. Respondent did not enter an appearance in this matter

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Claimant Janet Dykshoorn v. 04-08248 Minneapolis, Minnesota Respondents Wells Fargo Investments, LLC and Shawn Dunnigan Nature of Dispute: Customer v. Member and Associated Person REPRESENTATION OF PARTIES Janet Dykshoorn ("Claimant") was represented by Charles L. Chapman, Esq., of Chapman & Chapman, P.C., Bismarck, North Dakota until on or about December 23, 2004

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Joseph W. Rader and Mildred A. Rader, both Individually and as Trustees of their Respective Trusts, Claimants, v. Merrill Lynch, Pierce, Fenner & Smith, Inc. and Raymond James Financial Services, Inc., Respondents. Case Number: 04-08240 Hearing Site: Indianapolis, Indiana Nature of the Dispute: Customers vs. Member Firm REPRESENTATION OF PARTIES Joseph W.