WARNING! Investigation: PRINCIPAL SECURITIES, INC.
Principal Securities, Inc. and Consolidated Reports
We are currently investigating allegations made against Principal Securities, Inc., a Des Moines, Iowa-based securities brokerage firm. FINRA (the Financial Industry Regulatory Authority) brought a regulatory action against Principal Securities, Inc. (formerly known as Princor Financial Services Corp.), making allegations regarding its failure to supervise consolidated reports from July 2013 and February 2015. To settle these allegations, Principal Securities, Inc. agreed to pay a fine of $125,000.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Chicago; Ann Arbor Michigan; Denver, Colorado; and the Seattle area. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout Iowa and the Midwest. We recently represented a number of investors who lost money with former Clive, Iowa-based DeWaay Financial Network. Our attorneys have represented over one thousand investors against many brokerage firms in the past.
Click to view: Principal Securities FINRA AWC
HAVE YOU LOST MONEY WITH PRINCIPAL SECURITIES OR PRINCOR FINANCIAL?
Aaron Israels: (720) 599-3505
David Neuman: (206) 795-5798
Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.