NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 02-04900 Raymond James & Associates, Inc., claimant vs. Randall Barlow, respondent. ATTORNEYS: For Claimant in-house counsel, Robert C. Stokes, III, Esq., St. Petersburg, FL. Respondent appeared pro se, Jupiter, FL. DATE FILED: August 20, 2002 CASE SUMMARY: Claimant alleged that respondent failed to repay monies owed pursuant to the terms of the Advanced Compensation Agreement. Claim Da

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION CASE: 02-04899 Patricia A. Clancy, claimant vs. Morgan Stanley DW, Inc., respondent. ATTORNEYS: For Claimant appeared Edward M. Dolson, Esq., of the firm Swanson= Midgley, LLC, Kansas City, MO. For Respondent appeared in-house counsel, Keith Guilfoyle, Esq., New York, NY. DATE FILED: August 20, 2002 CASE SUMMARY: Claimant alleged that respondent failed to liquidate her account in a timely man

Stipulated Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Maria Sagarnaga Names of the Respondents Morgan Stanley Dean Witter & Co. Sean Monahan Case Number: 02-04897 Hearing Site: Boca Raton, Florida Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES For Maria Sagarnaga, hereinafter referred to as "Claimant": William J. Brown, Esq., Miami, Florida

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Names of the Claimants Isaac C. Thomas Azalea Insurance Agency, Inc. Names of the Respondents UBS PaineWebber, Inc. f/k/a J.C. Bradford & Company Mike Lewis Case Number: 02-04895 Hearing Site: New Orleans, Louisiana Nature of the Dispute: Customer vs. Member and Associated Person. REPRESENTATION OF PARTIES For Isaac C. Thomas and Azalea Insurance Agency, Inc.

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimant Case Number Dean Witter Reynolds, Inc. 00-03930 Name of the Respondents Hearing Site Jonathan M. Leifer Los Angeles, California REPRESENTATION OF PARTIES \ For Claimant: Rene J. Kern, Jr. Kern & Gonzalez Los Angeles, California For Respondent, Jonathan M. Leifer H. Thomas Fehn Fields, Fehn & Sherwin Los Angeles, California CASE INFORM

Award NASD Dispute Resolution In the Matter of the Arbitration Between: ) ) Name of the Claimants ) Case Number: 02-04886 Diana Lerman and Martin L. Hipschman, ) as Co-Trustees for the ) Sam Hipschman Trust and Clara Hipschman Trust ) Name of the Respondent^ ) Hearing Site- St. Louis, Missouri Stifel, Nicolaus & Co., Inc., ) Bernard H. Feinstein and David M. Hoqan ) NATURF OF PiflPUTF Customers vs. Member Firm and Associated Persons

AWARD NASD Dispute Resolution In the Matter of the Arbitration Between Name of Claimant Lance Wise and Nancy Wise and 02-04883 Chicago, Illinois Name of Respondents Wachovia Securities, Inc. Nature of the Dispute: Customers vs. Member. REPRESENTATION OF PARTIES Lance Wise and Nancy Wise ("Claimants") were represented by Kenneth Ditkowky, Esq., of Law Offices of Ditkowsky & Contorer, located in Chicago, Illinois. Wachovia Securities,

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Charles and Chad Hartman (Claimants) v. Merrill Lynch, Pierce, Fenner & Smith, Inc. and Jeffrey C. Gonyo (Respondents) Case Number: 02-04875 Hearing Site: Albany, New York Nature of the Dispute: Customers v. Member and Associated Person. REPRESENTATION OF PARTIES Claimants Charles and Chad Hartman ("the Hartmans") hereinafter collectively referred to as "Claimants": Timothy J. D

Award NASD Dispute Resolution In the Matter of the Arbitration Between: nf Thp Claimant Pagp Nnmhprr 02-04872 Robert Krejci n ^ th p T?**gprmHpnfg Hearing Site: Milwaukee, Wisconsin LH Ross & Company, Inc., and Michael J. Assenza T1F.EPF.SF.MT A TTON OF Claimant Robert Krejci hereinafter referred to as "Claimant": Catherine R. Grogan, Esq. of Meissner, Teirmey, Fisher & Nichols S.C. located in Milwaukee, Wisconsin. Respondents LH

Award NASD Dispute Resolution In the Matter of the Arbitration Between: Name of the Claimants Joseph Sirico Maria Sirico Name nf the Respondents Citigroup Global Markets, Inc. f/k/a Salomon Smith Barney, Inc. Marc D. Karstaedt Number- 02-04868 Site- Charlotte, North Carolina REPRESENTATION OF PARTIES Claimants, Joseph Sirico and Maria Sirico, hereinafter collectively referred to as "Claimants", were represented by James D. Calmes