Christopher Thomas Hildebrandt, of Cape May Court House, New Jersey, a stockbroker formerly registered with Principal Securities Inc., is referenced in a customer initiated investment related written complaint on April 5, 2021, where the customer sought compensatory damages founded on allegations of Hildebrandt’s unsuitable recommendations of real estate investment trusts during the time that he was associated with Principal Securities.
Hildebrandt has been identified in four more customer initiated investment related disputes containing accusations of his improper activities while he was associated with Principal Securities and Princor Financial Services Corp. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that a customer filed an investment related complaint concerning Hildebrandt’s activities in which the customer requested $10,400.00 in damages based upon allegations of a variable annuity being misrepresented by Hildebrandt at Princor Financial Services Corp.
Another customer filed an investment related complaint involving Hildebrandt’s conduct where the customer sought compensatory damages supported by accusations of Hildebrandt failing to advise them about tax consequences when he was employed by Princor Financial Services Corporation.
On April 20, 2018, a different customer initiated investment related complaint regarding Hildebrandt’s activities was settled for $7,414.23 in damages founded on allegations of Hildebrandt misrepresenting the mutual fund options available to the customer following the transfer of the customer’s 401(k) into an individual retirement account at Principal Securities.
Hildebrandt is also identified in a customer initiated investment related written complaint which was resolved for $15,094.64 on December 10, 2019, based upon accusations of unauthorized stock trades and annuity transactions by Hildebrandt during the time that he was associated with Principal Securities. The complaint alleges that the customer’s trust funds had been misappropriated.
Hildebrandt has been fined $5,000.00 and suspended for four months from associating with any FINRA member in any capacity supported by findings of Hildebrandt falsifying documents through reusing customer signatures and altering information on documents at Principal Securities. Letter of Acceptance, Waiver, and Consent No. 2018060237801 (August 21, 2020). He violated FINRA Rule 2010.
Hildebrandt was registered with Principal Securities between March 18, 2003, and November 1, 2018.