Arbitration Details

PEREGRINE FINANCIAL GROUP INC NFA ID: 0232217 An NFA Arbitration claim is a futures or forex related dispute involving a customer and an NFA Member (or employee) or Associate. It is not a regulatory action. NFA only discloses information concerning arbitration cases that have been decided by an arbitration panel. NFA does not release the names of parties who have settled their parts in the cases. Furthermore, NFA does not report or release information on cases that closed before January 1, 1990, cases that are still pending, or cases that were settled, withdrawn or rejected. Therefore, the number of NFA Arbitration Decisions reflects the total number of claims filed in NFA Arbitration that were decided by an arbitration panel. These decisions may have been decided in favor of the Claimant or Respondent. Effective January 1, 2000, NFA discloses the names of persons who represent parties in NFA customer arbitration proceedings if the matters were decided by an arbitration panel. As of the same date, customers may no longer ask NFA to keep their identities confidential. Case Summary  Case No. Filed Decision Date Product  02ARB00091 07/18/2002 05/12/2003 Options (Domestic Exchange) Summary of Parties  Customers Members Representatives • JOHN COCHRAN • HERNAN PATRICK MONTESDEOCA • SUSAN MARY OMEARA •  PEREGRINE FINANCIAL GROUP INC • REBECCA WING Proceeding Details  Panel Type Number of Arbitrators Proceeding Type Location (State)  MEMBER 1 SUMMARY OK Summary of Awards and Claims  Type  Claim Amount  Counter Claim  3rd Party Claim  Cross Claim   Compensatory Punitive Treble Interest Attorney Fees Costs  Claim  Award $9,977.82 $3,551.41 $0.00 $0.00 $0.00 $0.00 NA $0.00 NA $0.00 NA $0.00  Claim  Award $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 NA $0.00 NA $0.00 NA $0.00  Claim  Award $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 NA $0.00 NA $0.00 NA $0.00  Claim  Award $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 NA $0.00 NA $0.00 NA $0.00 Summary of Issues Unauthorized trading, misrepresentation, breach of fiduciary duty, and failure to supervise. The claims against Respondent Susan O'Meara are dismissed. Respondents Peregrine Financial Group, Inc. and Patrick Montes are jointly and severally liable for this Award. Each party shall bear its own fees and costs.