NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 03-01438 Estate of Althea L. Adalian, Claimant vs. Merrill Lynch Pierce Fenner & Smith Inc, Donald Davis, and Mark Theriault Respondents. ATTORNEYS: For Claimant, Estate of Althea L. Adalian, ("Claimant") appeared the personal representative, G. Adalian, Coronado, CA. Respondents, Merrill Lynch Pierce Fenner & Smith Inc., Donald Davis, and Mark Theriault, (collectively "Respondents") appear

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Nancy G. Nation and Names of Respondents Resource Consulting Group, Inc. David P. Robinson Case Number: 03-01437 Hearing Site: Houston, Texas NATURE OF DISPUTE Customer v. Member Firm and Associated Person REPRESENTATION OF PARTIES Nancy G. Nation ("Claimant") was represented by Jon M. Smith, Esq., of Kincaid & Morton, of Austin, Texas

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 03-01429 UBS PaineWebber, Inc., Claimant vs. Roderick Potts, Respondent. ATTORNEYS: For Claimant appeared Romaine L. Gardner, Esq., Staten Island, NY. Respondent did not respond to the Statement of Claim. DATE FILED: February 27, 2003 CASE SUMMARY: Claimant alleged that Respondent refused to repay the debit incurred in his account that resulted from a deposit of a stock certificate for 296

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Roth Capital Partners, LLC, Claimant v. Henry D. Davidson, Respondent Case Number: 03-01428 Hearing Site: Los Angeles, California Nature of the Dispute: Member v. Associated Person REPRESENTATION OF PARTIES For Claimant: Auderte Paul Morales, Esq. Law Offices of Keesal, Young & Logan Long Beach, California For Respondent: James K. Autrey, Esq. Law Offices of James K.

Stipulated Award NASD Dispute Resolution In the Matter ot the Arbitration between: Name of the Claimant Case Number: 03-01427 Clark D. Richey Names of the Respondents Hearing Site: Boca Raton, Florida Sterling Financial Investment Group, Inc. Gregory Roth Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES For Clark D. Richey ("Richey"), hereinafter referred to as "Claimant": Richard H. Levenstein, Esq

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Lotha Kilgore, individually and on behalf of his commercial money market account Names of the Respondents Merrill Lynch, Pierce, Fenner & Smith, Inc. John Niedergeses Case Number: 03-01425 Hearing Site: Atlanta, Georgia Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES For Lotha Kilgore, indiv

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimants Robert Craig and Christine A. Hamilton and 03-01420 Phoenix, Arizona Name of Respondents Morgan Stanley DW Inc. Nature of the Dispute: Customers vs. Member. REPRESENTATION OF PARTIES Robert Craig and Christine A. Hamilton ("Claimant") was represented by Rosemary J. Shockman, Esq., Shockman Law Office, Scottsdale, Arizona. Morgan Stanley DW Inc. (

Award NASD Dispute Resolution In the Matter of the Arbitration Between: F. Philip Kessler, Jr., d/b/a P.P. Kessler, Jr. & Associates and New England Securities Corporation (Claimants) vs. Garry R.M. Payne (Respondent) Case Number: 03-01413 Hearing Site: Buffalo, New York Nature of the Dispute: Associated Person and Member vs. Associated Person. REPRESENTATION OF PARTIES Claimants F. Philip Kessler, Jr., d/b/a F.P. Kessler, Jr. & Associates ("Kessler") a

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: rinimftiitg fW Niimher- 03-01404 Michael R. Deutschman , Michael R. Deutschman IRA Lynn S. Deutschnian, Lynn S. Deutschman IRA Lynn S. Deutschman, cust. for Emily Deutschman, UGMA Lynn S. Deutschman, cust. for Christopher Deutschman, UGMA Max Basen Irrevocable Trust f.b.o. Barry H. Deutschman Max Basen Irrevocable Trust £b.o. Michael Deutschman Arthur Wasserraan

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: First Union Securities, Inc. f/k/a Everen Securities, Inc. and Bradley E. Wheeler, Claimants v. U.S. Bancorp Piper Jaffray, Inc., Respondent Case Number: 00-04461 Hearing Site: Seattle, WA REPRESENTATION OF PARTIES For Claimants: Christopher B. Wells, Esq. Lane Powell Spears Lubersky, LLP Seattle, WA For Respondent: Steven Phillips, Esq. Fruth & Anthony 3750 ID