Christopher Thomas Hildebrandt of Cape May Court House New Jersey a stockbroker formerly registered with Principal Securities Inc. has been discharged by the firm on October 30, 2018 based upon accusations that (1) Hildebrandt effected unauthorized transactions in a customer’s account and (2) Hildebrandt misappropriated funds from a trust account.
Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Hildebrandt is referenced in four customer initiated investment related disputes containing allegations of Hildebrandt’s misconduct during the time that he was associated with Principal Securities, Inc. Specifically, on March 4, 2013, a customer filed an investment related complaint concerning Hildebrandt’s conduct in which the customer sought $10,400.00 in damages supported by accusations that Hildebrandt made misrepresentations to the customer concerning mutual funds, futures and variable annuity products.
Subsequently, on April 11, 2015, a customer filed an investment related complaint involving Hildebrandt’s activities where the customer requested unspecified damages founded on allegations that Hildebrandt failed to inform the customer about the tax liability pertaining to a transaction placed in the customer’s investment account. On April 20, 2018, a customer initiated investment related complaint regarding Hildebrandt’s activities was settled for $7,414.23 in damages based upon accusations that Hildebrandt made false or misleading statements regarding the customer’s individual retirement account by telling the customer that the same mutual funds would be available for the customer to invest in upon effecting a rollover from the customer’s individual retirement account.
On September 23, 2018, another customer filed an investment related complaint concerning Hildebrandt’s conduct in which the customer sought damages estimated to exceed $5,000.00 supported by allegations against Hildebrandt of misappropriation and unauthorized trading.
