Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Mark R. Loader (Claimant) v. Chase Investment Services Corp. and Gregg Lazarescu (Respondents) Case Number: 04-01601 Hearing Site: New York, New York Nature of the Dispute: Customer v. Member and Associated Person. REPRESENTATION OF PARTIES Claimant Mark R. Loader ("Loader") hereinafter referred to as "Claimant": Charles A. Bennett, Esq., New York, NY. Respondents

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Jean Greenhill and 04-01584 Nashville, Tennessee Name of Respondent Merrill Lynch Pierce Fenner & Smith Incorporated Nature of the Dispute: Customer vs. Member. REPRESENTATION OF PARTIES Jean Greenhill ("Claimant") was represented by Jeffrey B. Musslewhite, Esq., Woska & Hayes, LLP, Kingwood, Texas. Merrill Lynch Pierce Fenner & Smith Incorporated

AWARD NASD DISPUTE RESOLUTION In the Matter of the Arbitration Between: Tommie J. Leslie and Mary E. Leslie, (Claimants) vs. American Fronteer Financial Corporation and Auerbach, Pollak & Richardson, Inc., (Respondents) Case Number: 04-01582 SITUS: New Orleans, LA. NATURE OF DISPUTE: Customer v. Member and Associated Person. REPRESENTATION OF PARTIES For Tommie J. Leslie and Mary E. Leslie, hereinafter collectively referred to as "Claimants": D.

STIPULATED AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Qaimants B & L Welch & Company and Leigh Welch v. 04-01579 Denver, Colorado Respondent Thomas Austin Nature of Dispute: Customers v. Associated Person REPRESENTATION OF PARTIES B & L Welch & Company and Leigh Welch, hereinafter referred to as "Claimants," were represented by John Henry Schlie, Esq., Denver, Colorado. Thomas Austin ("Respondent") was rep

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 04-01575 Elizabeth K. Hubler and Lorna B. Hubler, Claimants v. Hennion & Walsh, Inc. and Richard Hennion, Respondents ATTORNEYS: For Claimants Elizabeth K. Hubler and Lorna B. Hubler (collectively "Claimants") appeared through their representative, Craig W. Hubler, Tigard, OH. For Respondents Hennion & Walsh, Inc. and Richard Hennion (collectively "Respondents") appeared Keith W. Miller, Es

STIPULATED AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Carol Taylor and 04-01569 Phoenix, Arizona Name of Respondents Merrill Lynch Pierce Fenner & Smith, Inc. Michael Robert Detjen Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OFPARTTES Carol Taylor ("Claimant") was represented by Howard Stein, Esq., Howard Stein Attorney At Law, Chicago, Illinois. Me

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Case Number: 04-01567 Diana B. Jones Names of the Respondents Hearing Site: Orlando, Florida American Express Financial Advisors, Inc. Peggy H. Langdon Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES For Diana B. Jones, hereinafter referred to as "Claimant": Brenda M. Combs, Esq., Williams Schifm

Award NASD Dispute Resolution In the Matter of the Arbitration Between: ) Name of the Claimant ) Case Number: 04-01564 Paul G. Schoen, as Successor Trustee ) of the Suzanne K. Schoen Trust ) Name of the Respondents ) Hearing Site: St. Louis, Missouri Merrill Lynch Pierce Fenner & Smith, Inc. ) and Jordan M. Gelb ) NATIfRp np pIRPUTF Customer vs. Member Firm and Associated Person RFPPFSFMTATinM HF PARTIES Howard J. Stein, Esq., located in

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Piycraft Industries, Inc.. Claimant v. Bane of America Investment Services Inc. and Carlos Escobar, Respondents Case Number. 00-05709 Hearing Site: Los Angeles, California REPRESENTATION OF PARTIES For Claimant: Maurice Wainer, Esq. Snipper, Wainer & Markoff Los Angeles. California For Respondents: Michael J. Lawson, Esq. Steefel Levitt & Weiss San Francisco, C

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Names of the Claimants George Richard Macklem, Jr. Phyllis L Macklem Name of the Respondent A.G. Edwards & Sons, Inc. Case Number: 04-01563 Hearing Site: Boca Raton, FL Nature of the Dispute: Customer vs. Member, REPRESENTATION OF PARTIES For Claimants George Richard Macklem, Jr. ("GRM") and Phylliss J. Macklem ("PJM"), hereinafter referred to as "Claimants": Bra