TODD MICHAEL BANDUCCI

TODD MICHAEL BANDUCCI is currently employed as a Broker and/or Investment Adviser at AMERITAS INVESTMENT CORP. located at 1311 W Northwood Center Ct, Coeur d'Alene, ID, 83814.

TODD MICHAEL BANDUCCI has worked at AMERITAS INVESTMENT CORP. since January 02, 2018

Disclosure History

TODD MICHAEL BANDUCCI has 1 Disclosure Event(s).

Date: April 11, 2016
Category: Customer Dispute
Allegations: Violation of Idaho and NASD Securities Law and Negligence.
Damage Amount Requested: $250,000.00
Settlement Amount: $42,500.00
Broker Comment: Mr. Banducci sincerely denies all allegations made by the Customer, which is the first and only customer complaint made during Mr. Banducci's otherwise spotless, 23-year career in the financial industry. All material terms of each investment made were accurately and fully disclosed to the Customer and each satisfied his intended investment objectives, risk profile, and time horizon and thus were suitable. This matter was settled, without any admission of liability, for no reason other than to avoid the time, cost, and expense of completing a FINRA arbitration hearing. Despite the cost analysis that prompted the settlement, Mr. Banducci concedes no merit to the Customer's baseless claims and he maintains he proceeded in compliance with all rules, regulations, and laws.

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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