Christopher Hildebrandt In Principal Investors’ Disputes

Securities Broker Christopher Hildebrandt Involved In Investor Disputes, Sanctioned By FINRA

Soreide Law Group has new information to share with you in regard to securities broker Christopher Thomas Hildebrandt (CRD#: 1318476, Cape May Court House, New Jersey). Namely, the securities broker, who worked for securities firm Principal Securities Inc. from March 2003 to November 2018, reports five investor disputes alleging sales practice violations. Not only that, but Principal Securities purportedly disaffiliated with Hildebrandt for misconduct. Here’s what shows on BrokerCheck as it relates to this securities broker.

Principal Securities Client Alleges Christopher Hildebrandt Made Unsuitable Investment Recommendations

Evidently, a client of Principal Securities took issue with Christopher Hildebrandt’s real estate security advice. In the April 5, 2021 complaint, the securities broker is accused of recommending these investments to the client and this resulted in damages. However, Principal Securities denied this client’s dispute in April 2021.

FINRA Sanctions Hildebrandt For Altering, Falsifying Documents

Specifically, on August 21, 2020, FINRA issued Christopher Hildebrandt sanctions including a four-month suspension as securities broker and a $5,000 fine. This is to settle the regulator’s allegations of Hildebrandt altering documents and falsifying them through reusing client signatures. It appears that transactions were authorized by clients but that did not justify his reuse of their signatures. Evidently, the securities broker satisfied this suspension between September 7, 2020 and January 6, 2021. Principal Securities disaffiliated with Hildebrandt in October 2018. According to the securities firm, he made unauthorized transactions.

Principal Securities Client Alleges Unauthorized Transactions

Evidently, a trustee filed a dispute about Christopher Hildebrandt’s actions at Principal Securities. Allegedly, the securities broker misused funds and made unauthorized transactions. The client purportedly incurred damages through transactions involving stock and a variable annuity. For this reason, Principal Securities opted to pay the client $15,094 in a December 2019 settlement.

Client Of Principal Securities Alleges Misrepresentation In Dispute About Christopher Hildebrandt

Additionally, Christopher Hildebrandt’s sales practices are the focus of a December 2017 dispute from a Principal Securities client. Namely, the client alleged that the securities broker misrepresented investments in the client’s IRA. It appears that this client’s dispute settled through Principal Securities making a $7,414 payment to them.

Princor Financial Services Client Alleges Misrepresentation

A client of Princor Financial Services Corp disputed Christopher Hildebrandt’s actions. Specifically, Hildebrandt is accused of misrepresenting a variable annuity and 529 futures. The client’s complaint has been denied by the securities firm though.

Did You Lose Money By Investing Through Christopher Hildebrandt?

Did Christopher Hildebrandt cause you to experience investment losses or damages? If so, call Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about a possible recovery. Soreide Law Group represents clients on a contingency fee basis and advances all costs. The firm has recovered compensation for many investors throughout the United States who incurred damages because of their financial advisors or securities brokers. Please note: Hildebrandt denies all allegations of his sales practice violations.
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