AWARD NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between Name of Claimant Morgan Stanley Dean Witter Online, Inc. and 00-04080 Scottsdale, Arizona Name of Respondents Barry Oringer Paul Ciliis Da Silva Consulting REPRESENTATION OF PARTIES Morgan Stanley Dean Witter Online, Inc. ("Claimant") was represented by Robert T. Sullwold, Esq., Sullwold & Hughes, San Francisco, California. Barry Oringer ("Respondent Ori

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 02-06111 Edward James Phillips, claimant vs. E*Trade Securities, Inc., respondent. ATTORNEYS: Claimant appeared pro se, Pompano Beach, FL. For Respondent appeared in-house counsel John Bersin, Esq., Rancho Cordova, CA. DATE FILED: October 11, 2002 CASE SUMMARY: Claimant alleged that respondent was negligent and tardy in handling his account. ARBITRATOR'S REPORT: See attached Exhibit A.

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 02-06110 Robert Keith Honaker, claimant vs. Joseph Stevens & Co., Inc., Scott Levine and Douglas Costabile, respondents. ATTORNEYS: Claimant appeared pro se, Pelham, AL. For Respondents appeared in-house counsel, James E. Siegel, Esq., New York, NY. DATE FILED: October 11, 2002 CASE SUMMARY: Claimant alleged that respondents purchased shares of Sirius Radio Stock with no covered call op

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Phyllis Silver and Phyllis Silver IRA (Claimants) v. Adolph Komorsky Investments, Peter W. Adolph, and Marc E. Komorsky (Respondents) Case Number: 02-06106 Hearing Site: New York, New York Nature of the Dispute: Customers v. Member and Associated Persons. REPRESENTATION OF PARTIES Claimants Phyllis Silver ("Silver") and Phyllis Silver IRA ("Silver IRA") hereinafter collectively

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Rosemarie D. Schenck (Claimant) v. Kirlin Securities, Inc., First Union Securities, Inc. (n/k/a Wachovia Securities, Inc.), Gruntal & Co., L.L.C. and Stephen J. Cohen (Respondents) Case Number: 02-06105 Hearing Site: New York, New York Nature of the Dispute: Customer v. Members, Terminated Member, and Associated Person REPRESENTATION OF PARTIES Claimant, Rosemarie D. Schenck

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Edward J. Hunt, individually, and as Trustee of the Hunt Family Trust u/a/d December 2, 1993, Susan Hunt, individually and as Trustee of the Hunt Family Trust u/a/d December 2, 1993, Jerry R. Blackburn, Carol Blackburn, and Brian R. Bahnsen, individually, and as Custodian for Cameran M. Bahnsen, Claimants v. A.G. Edwards & Sons, Inc., Raymond F. Vadeboncoeur, and Robert R. Heinze, Respo

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Kelsey R. Tyson, The Spectre Group, The Spectre Group MPP Plan, and The Spectre Group PS Plan, Claimants v. Glen A. Ishoy, Barrel L. Trost, and Prudential Securities, Inc., Respondents Case Number: 02-06100 Hearing Site: Salt Lake City, Utah Nature of Dispute: Customer v. Member Firm and Associated Persons REPRESENTATION OF PARTIES For Claimants: Randall R. Heiner, Esq.

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Theresa M. Major TTEE, U/A DTD 11/16/92, Claimant v. Merrill Lynch, Pierce, Fenner & Smith, Inc. and Ronald A. Lavo, Respondents Case Number: 02-06099 Hearing Site: Los Angeles, California Nature of Dispute: Customer v. Member Firm and Associated Person REPRESENTATION OF PARTIES For Claimant: William S. Bonnheim, Esq. Law Offices of William S. Bonnheim, PLC Pa

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name ofthp ("lai'mant John J. Woytowitz Pare Number 02-06095 nf the Site; Baltimore, Maryland Merrill Lynch, Pierce, Fenner & Smith, Inc. David P. Marshall Nature of the Dispute: Customer vs. Member and Associated Person REPRESENTATION OF PARTIES Claimant, John J. Woytowitz,"Claimant", was represented by John H. West, III, Esq. and James H. V/est, Esq., West

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 02-06092 Malvin Gordon Johnson, Jr. and Dana Johnson, claimants vs. Trautman Wasserman & Company, Inc., respondent. ATTORNEYS: Claimants appeared pro se, Cedar Hill, TX. For Respondent appeared Faun M. Phillipson, Esq., of the firm Winget, Spadafora & Swartzberg, LLP, New York, NY. DATE FILED: October 11, 2002 CASE SUMMARY: Claimants alleged that respondent purchased and sold stock with