Participants in two Principal Financial Group 401(k) plans have sued the Des Moines, Iowa-based plan provider, alleging it fraudulently convinced them to roll over their balances into a high-cost IRA.
A lawsuit by former 401(k) participants against the Principal Financial Group over allegations that the company duped participants into IRA rollovers into Principal’s proprietary mutual funds appears ...
DES MOINES, Iowa (AP) -- Two central Iowa women are suing retirement plan provider Principal Financial Group Inc. in federal court, claiming the company used a deceptive scheme to get them to roll ...
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