Principal Securities

Broker William Schumaker in Principal Securities, INC. Firm Has Customer Complaint

November 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Schumaker (Schumaker), currently associated with Principal Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Schumaker recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $7,447.50 on April 13, 2022.

Client alleges the representative recommended a VUL policy that was unsuitable, and she has asked for the surrender charges on the policy to be waived.

There are Recent Customer Complaints with Broker John Noey in Firm Principal Securities, INC.

October 31, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Noey (Noey), currently associated with Principal Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Noey recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on September 09, 2025.

The Trustee alleges the representative ceased providing advice and services, and his failure to act in the best interests of the Trust resulted in damages.

Broker Judson Miller in Principal Securities, INC. Firm Has Customer Complaint

October 18, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Judson Miller (Miller), currently associated with Principal Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Miller recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on April 19, 2023.

The client alleges the recommendation of the variable annuity was unsuitable, and the product was misrepresented by the financial professional.

There are Recent Customer Complaints with Broker John Priebe in Firm Principal Securities, INC.

October 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Priebe (Priebe), previously associated with Principal Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Priebe recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a award / judgment customer complaint with a damage request of $22,924,541.00 on November 30, 2022.

John Priebe was a subject of the customer’s complaint against his member firm that asserted the following causes of action: violation of federal regulations; violation of the Securities and Exchange Act of 1934; violation of Minn. Stat. \\u00a7 45.026; violation of Minn. Stat. \\u00a780A.68; violation of FINRA rules; fraud; breach of fiduciary duty; negligence; breach of contract; respondeat superior; and negligent supervision.

There are Recent Customer Complaints with Broker James Bardin in Firm Principal Securities, INC.

September 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Bardin (Bardin), previously associated with Principal Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Bardin recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on April 10, 2023.

The client alleges the financial professional misrepresented the variable life insurance product sold to him, which he now believes was unsuitable, resulting in a loss of return on his investment and unknown tax consequences.

Broker Matthew Clark in Principal Securities, INC. Firm Has Customer Complaint

August 27, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Clark (Clark), currently associated with Principal Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Clark recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $68,000.00 on July 07, 2023.

The client alleged the financial professional’s lack of due diligence resulted in an unauthorized distribution from his account to a third party without his knowledge or consent.

Broker Robert Markle in Principal Securities, INC. Firm Has Customer Complaint

August 23, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Markle (Markle), currently associated with Principal Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Markle recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on July 02, 2025.

The client alleges that as a result of the misinformation provided by his registered representative regarding an indirect rollover transaction for his variable annuity contract, he suffered damages related to loss of gains and new surrender charges.

Broker Kimberly Carson in Principal Securities, INC. Firm Has Customer Complaint

August 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kimberly Carson (Carson), previously associated with Principal Securities, INC., has at least 2 disclosable events. These events include 2 regulatory events, alleging that Carson recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on July 09, 2024.

Respondent Carson failed to pay fines of $5,000 in FINRA Case #2022074541501.

Broker Thomas Pearson in Principal Securities, INC. Firm Has Customer Complaint

June 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Pearson (Pearson), previously associated with Principal Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Pearson recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $5,001.00 on February 29, 2024.

The complainant alleges negligence, breach of fiduciary duty, conversion, forgery and fraud, beginning on/or about September 2003, relative to an IRA account, Variable and Fixed Annuities.

Broker John Kendall in Principal Securities, INC. Firm Has Customer Complaint

June 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Kendall (Kendall), previously associated with Principal Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Kendall recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $5,001.00 on February 29, 2024.

The complainant alleges negligence, breach of fiduciary duty, conversion, forgery and fraud, beginning on/or about September 2003, relative to an IRA account, Variable and Fixed Annuities.