SCOTT VERNON PAYDEN

SCOTT VERNON PAYDEN is currently employed as a Broker and/or Investment Adviser at AMERITAS INVESTMENT CORP. located at 4816 BRECKSVILLE RD., SUITE 18, RICHFIELD, OH, 44286.

SCOTT VERNON PAYDEN has worked at AMERITAS INVESTMENT CORP. since June 30, 2006

Disclosure History

SCOTT VERNON PAYDEN has 3 Disclosure Event(s).

Date: November 21, 2006
Category: Customer Dispute
Allegations: CLIENT IS UNHAPPY WITH THE PERFORMANCE OF HER ACCOUNTS.
Damage Amount Requested: $75,000.00
Settlement Amount: $28,000.00
Broker Comment: CLIENT OWNED MUTUAL FUNDS, WAS EMPLOYED, AND WITHDREW MONIES ON A REGULAR BASIS FOR MANY YEARS. CLIENT'S MUTUAL FUNDS NAV DECREASED IN VIEW OF SEPT. 11, ENRON/WORLDCOM FAILURE, AS WELL AS THE KATRINA STORM DISASTER. BROKER STAYED IN TOUCH WITH THE CLIENT EVERY YEAR.

Date: November 20, 2003
Category: Customer Dispute
Allegations: CLIENT ALLEDGES UNSUITABLE INVESTMENTS
Damage Amount Requested: $150,000.00 Damages Granted: $11,000.00

Date: September 27, 2001
Category: Customer Dispute
Allegations: CLIENT ALLEDGES UNSUITABLE INVESTMENTS AND FAILURE TO MANAGE ACCOUNTS, LEADING TO LOSSES IN MUTUAL FUND ACCOUNTS
Damage Amount Requested: $70,000.00

More Information

All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.

A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.

BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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