Securities Fraud Lawyer – Here to Recover Your Losses!

Since 1968, Princor Financial Services Corporation has been the registered broker-dealer company of the Principal Financial Group. Headquartered in Des Moines, IA, Princor Financial Services is licensed to conduct business in all 50 states. The company offers products such as retirement plans, mutual funds, securities trading, variable annuities, managed accounts, and fee-based brokerage accounts and services.

A securities brokerage firm licensed by FINRA, Princor Financial Services Corporation has a legal duty to supervise its brokers and its brokers' recommendations to clients to ensure compliance with and prevent violations of the rules of the security industry. When an individual broker is negligent or acts in an unlawful manner against the interests of the client and that client suffers damages as a result of such wrongdoing, the firm may be held liable for the investor's losses.

Princor Financial Services Investment & Broker Misconduct

Did you invest your money with Princor Financial Services Corp.? If you lost a significant amount of money doing this, then you may have an investor claim against Princor or one of its registered brokers. Listed below are some of the most common types of investment fraud and misconduct claims:

Failure to Supervise
Your stockbroker has a duty to uphold. As a broker entrusted with your money, he or she is required to provide adequate supervision over your assets. Failed supervision could be the result of untrained brokers, inadequate supervision of individual brokers or false information. When brokers fail to supervise properly, you could lose your money.

Misrepresentation & Omissions
Without all the necessary, correct information, you won't have what you need to make a suitable investment, which could lead to thousands of dollars in losses. Your broker is required to represent all proposed and current investments accurately, without concealing or skewing the information.

Your broker's job is to have an accurate grasp on your investment portfolio. This includes your goals as an investor and what you expect to make on return. Sometimes, brokers recommend investments that are not suitable for their client's current financial status. When this happens, investors often lose thousands of dollars.

Other Breach of Fiduciary Duty Claims
Breach of fiduciary duty explains certain activity on behalf of your broker that is sufficient to breach the agreement you had with them. This encompasses all types of fraud and misconduct, such as the ones detailed above and others such as overconcentration, churning and some private placements.

Contact Meyer Wilson for Princor Financial Services Investment Loss Claims

Meyer Wilson has what you need if you've suffered significant financial losses due to Princor Financial Services misconduct or the misconduct of one of its registered brokers. Our expertise is in the representation of clients with investor claims against securities brokerage firms such as Princor Financial Services Corporation.

Our firm handles investor claims in federal and state courts, and in arbitration through The Financial Industry Regulatory Authority (FINRA), the American Arbitration Association (AAA) and private arbitration. We also represent international clients with claims against brokerage firms in the United States through FINRA.

To determine whether you have a case against Princor Financial Services Corporation for your losses, call us toll-free or complete our online form to request a free case evaluation.

The Meyer Wilson Way

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  • More than $350,000,000 Recovered
  • Voted Best Lawyers in America┬« for over Ten Years Running
  • David Meyer is the Immediate Past-President of Public Investors Advocate Bar Association (PIABA)
  • Over a Thousand Investor Claim Cases Since 1999
  • Exclusive Focus on Investor Claims & Class/Mass Action Lawsuits
  • Deep Bench of Skilled Attorneys and Staff Members

We Recover Investment Losses

Helping You Take Back What Is Yours
  • Jury Verdict Won Against Prudential Securities $262 Million
  • Recovered for 100-Year Old Widow $30 Million
  • Recovered in Retirement Losses $10 Million
  • Recovered for a Large Group of Individual Investors $6.5 Million
  • Recovered for Elderly Victim in Ponzi Scheme Case $3.8 Million
  • Recovered for Elderly Ponzi Scheme Victim $3.2 Million
  • Recovered for More Than 50 Families of Ponzi Scheme in California $3.2 Million
  • Recovered for 35 Families in Northeast Ohio $3.1 Million
  • Losses Recovered for 20 Retirees $3 Million
  • Recovered for Retired Physician Against Major Wall Street Firm Prior to Filing FINRA Arbitration $2.5 Million

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