STIPULATED AWARD NASD DISPUTE RESOLUTION In the Matter of the Arbitration Between; FRANCIS McCUTCHAN and SCOTT SCHONDAU (Claimants) vs. SAMCO CAPITAL MARKETS, a DIVISION OF SERVICE ASSETS MANAGEMENT COMPANY, PENSON FINANCIAL SERVICES, INC. and LEE MAVERICK(Respondents) CASE NUMBER: 03-01532 HEARING SITE: Dallas, Texas REPRESENTATION OF PARTIES Claimants, Francis McCutchan and Scott Schondau, hereinafter collectively referred to as "Claimants": Ruth

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: John F. McKenzie, Claimant v. Merrill Lynch, Pierce, Fenner & Smith, Inc., Donald K. Bell and Steven A. Rocha, Respondents Case Number: 03-01529 Hearing Site: San Francisco, California Nature of the Dispute: Customer vs. Member and Associated Persons i REPRESENTATION OF PARTIES For Claimant: Mitchell S. Ostwald, Esq. Law Offices of Mitchell S. Ostwald Sacramento,

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Stan G. Adam and Barbara B. Adam, Trustees of the Adam Living Trust U/A dated 8/8/97, Claimants v. Prudential Securities, Inc. n/k/a Prudential Equity Group, Inc. and Gary Michael Allison, Respondents Case Number: 03-01528 Hearing Site: San Francisco, California Nature of the Dispute: Customers v. Member and Associated Person REPRESENTATION OF PARTIES For Claimants: Mitchell S.

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Vincent De Sciose Trust, Claimant v. Finance 500, Inc. and Stephen P. Becker, Respondents Case Number: 03-01527 Hearing Site: Los Angeles, California Nature of the Dispute; Customer v. Member and Associated Person REPRESENTATION OF PARTIES For Claimant: Chris W. Hailing, Esq. Agapay, Levyn & Hailing LLP Los Angeles, California For Respondents: James R. Duncan, Esq. Law O

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Robert J. Brown, Claimant vs. A.G. Edwards & Sons, Inc. and Steven Todd Zeller, Respondents Case Number: 03-01526 Hearing Site: San Francisco, California Nature of the Dispute: Customer v. Member and Associated Person REPRESENTATION OF PARTIES For Claimant: For Respondents: James Jay Seltzer, Esq. The Law Offices of James Jay Seltzer Emeryville, California Clay L

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Anil Malik, Individually and as Trustee to the Malik Family Trust, dated November 5, 1994, and Anupam Malik, Individually and as Trustee to the Malik Family Trust, dated November 5,1994, Claimants v. Merrill Lynch, Pierce, Fenner & Smith Incorporated, Respondent Case Number: 03-01524 Hearing Site: Los Angeles. California Nature of the Dispute: Customers v. Member REPRESENTATION OF P

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Claimants Randall P. Herman and Sharron FitzGerald v. 03^01523 Minneapolis, Minnesota Respondents Paul Kuehn and Bill Kuehn Nature of Dispute: Customers v. Associated Persons REPRESENTATION OF PARTIES Randall P. Herman and Sharron FitzGerald ("Claimants") were represented by Thomas E. Jamison, Esq., of Fruth, Jamison & Elsass, P,A., Minneapolis, Minnesota. Paul Ku

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION, INC. CASE:00-04468 Joseph and Adeline Palumbo, claimants vs. Advest Inc., John Banks, and Grant Curtz, respondents. ATTORNEYS: Claimants appeared Pro Se, Holbrook, NY. For Respondents appeared Thomas P. Byrne, Esq., in-house counsel, Hartford, CT. DATE FILED: October 9, 2000 CASE SUMMARY: Claimants alleged that Respondents made misrepresentations and guarantees hi connection with their inves

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Case Number: 03-01522 Paula K. Partipilo Name of the Respondents Hearing Site: Chicago, Illinois Credit Suisse First Boston Corp. and William Thorns Type of Controversy: Customer v. Member Firm and Associated Person REPRESENTATION OF PARTIES Claimant Paula K. Partipilo ("Partipilo") or ("Claimant") was represented by James J. Moylan, Esq. of the firm Jam

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 03-01520 Shaolee Yang, Claimant vs. Legg Mason Wood Walker, Inc., and Stephen Wong, Respondents. ATTORNEYS: For Claimant appeared Brad Jacobs, Esq., of the firm Perkins, Smith & Cohen, LLP, Boston, MA. For Respondents appeared in-house counsel, Jessica B. Hopper, Esq., Baltimore, MD. DATE FILED: March 3, 2003 CASE SUMMARY: Claimant alleged that Respondents breached their contract and fiduci