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Mismanagement of 401KSubmitted 2009-02-19Defendant: Principal Financial Group, Inc. (ERISA Stock Fraud) PFG failed to inform me of the rollover options when I was separated from my employer in January 2008. They only mailed this notice 1 year later. During this year they showed wrong over-optimistic numbers on my statements, which hid the losses, then removed the losses from page 1 of the statement. Due to mismanagement I lost 50% of my 401K. -- Florida * The views printed here do not necessarily represent the views of LawyersandSettlements.com but are solely the views of the author. READ MORE [ LEGAL NEWS ]
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This work is licensed under a Creative Commons Attribution-NoDerivs 3.0 Unported License © 2001-2012 Online Legal Media. All rights reserved.
This work is licensed under a Creative Commons Attribution-NoDerivs 3.0 Unported License © 2001-2012 Online Legal Media. All rights reserved.