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Clint Hinderaker Of Principal Securities And Formerly With Park Avenue Securities Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Clint Hinderaker of Principal Securities?

Clint Hinderaker (CRD #4819652) who is currently registered with Principal Securities and located in Cedar Rapids, Iowa is a subject of one of our many securities industry sales practice abuse investigations. Prior to Principal Securities, Clint Hinderaker was associated with Park Avenue Securities and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Clint Hinderaker Customer Complaints

Clint Hinderaker has been the subject of 2 customer complaints that we know about. Both of Clint Hinderaker’s customer complaints were settled in favor of investors.

Allegations Against Clint Hinderaker

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Complainant alleged Clint Hinderaker misrepresented a variable annuity that she purchased when he told her that her principal was guaranteed. She wanted all the rider fees returned to her plus additional compensation.
  • The plaintiff alleged that Clint Hinderaker misrepresented how the Voya policy would perform and suffered damages as a result.

Clint Hinderaker Red Flags & Your Rights As An Investor

Of course, Clint Hinderaker did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Clint Hinderaker at Principal Securities and Park Avenue Securities on alert to review carefully the activity and performance of their accounts and question whether Clint Hinderaker has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Principal Securities and Park Avenue Securities also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At Principal Securities Due To Clint Hinderaker

If you have questions about Principal Securities, Park Avenue Securities, and/or Clint Hinderaker and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

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