DID STEPHEN MARTIN ROEDER CAUSE YOU INVESTMENT LOSSES?
Stephen Roeder Formerly With Principal Securities, Inc. Has 1 Customer Complaint For Alleged Broker Misconduct
About Stephen Roeder formerly with Principal Securities, Inc.?
Stephen Roeder (CRD #1635329) , presents a troubling record with a history of moving between multiple firms and possessing only a basic level of qualifications in the securities industry. Roeder is no longer registered as a broker, having previously been associated with several firms including Principal Securities, Inc. and First Independent Financial Services, Inc. in Columbus, Ohio. He has passed three general industry/product exams and one state securities law exam but holds no principal/supervisory qualifications. His career span across several firms from 1987 to 2023 suggests a lack of stability and possible dissatisfaction among employers or clients.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Stephen Roeder Customer Complaints and Reviews
Stephen M. Roeder’s professional record is marred by a customer dispute:
- Customer Dispute (December 2022): A client alleged that Roeder failed to adequately explain the potential for increasing premiums in a variable insurance policy sold in 1989. The firm reviewed the complaint and found no basis for the claim, leading to the complaint being denied in January 2023. The lack of specified damages and the firm’s dismissal of the complaint could leave potential clients wary of Roeder’s transparency and thoroughness.
Allegations Against Stephen Roeder
The core accusation against Stephen M. Roeder involves:
- Failure to Disclose Information: Roeder was accused of not fully disclosing the terms related to potential increases in premiums for a variable life insurance policy he sold. This type of allegation raises serious concerns about his integrity and reliability as a financial advisor, pointing to possible negligence in informing clients about critical policy details that could affect their financial decisions and security.
Stephen Roeder Red Flags & Your Rights As An Investor
Of course, Stephen Roeder 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 Stephen Roeder at Principal Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether Stephen Roeder has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Principal Securities, Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Principal Securities, Inc. Due To Stephen Roeder
If you have questions about Principal Securities, Inc. and/or Stephen Roeder 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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