Stockbroker Fraud Attorneys

John Patrick Priebe of Waseca Minnesota a stockbroker currently registered with Principal Securities Inc. (also known as Princor Financial Services Corporation) is the subject of a customer initiated investment related arbitration claim where the customer sought $900,000.00 in damages based upon accusations that (1) Priebe executed mutual fund and options transactions in the customer’s account that were not suitable for the customer and (2) Priebe neglected to place the customer in the appropriate investment allocation. Financial Industry Regulatory Authority (FINRA) Arbitration No. 17-01531 (July 6, 2017).

FINRA Public Disclosure confirms that Priebe is referenced in two additional customer initiated investment related disputes containing allegations of his transgressions while employed with Principal Securities, Inc. Specifically, on March 17, 2011, a customer filed an investment related complaint regarding Priebe’s conduct in which the customer requested unspecified damages supported by accusations that the customer was placed into unsuitable mutual fund and insurance products, and the customer’s account transactions were not supervised by Principal Securities Inc.

Then, on April 4, 2011, a customer filed an investment related complaint involving Priebe’s activities where the customer sought $7,000.00 in damages founded on allegations that a variable annuity purchased with the customer’s individual retirement account funds was not suitable for the customer.

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Guiliano Law Group

Our practice is limited to the representation of investors. Over the last three decades, we have recovered more than a hundred million dollars for more than 1,000 injured investors from all over the United States and several foreign countries. We accept representation purely on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a confidential consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.

For more information concerning common claims against stockbrokers and investment professionals, please visit us at securitiesarbitrations.com

To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com

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