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Stock Market & Financial Investment News

News Breaks
February 22, 2012
16:11 EDTPFGPrincipal Financial initiated with an Outperform at Macquarie
Target $31.
News For PFG From The Last 14 Days
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December 1, 2015
16:33 EDTPFGPrincipal Financial says chairman Zimpleman to retire
Principal Financial announced that chairman Larry Zimpleman will retire on January 4, 2016. Zimpleman will continue to serve on the board of directors as non-executive chairman, the company noted.
November 27, 2015
13:22 EDTPFGPrincipal Financial to hold a conference call
President & CEO Houston and EVP & CFO Lillis provide company outlook for 2016 and an update on capital management on a conference call to be held on December 3 at 10 am. Webcast Link
November 24, 2015
11:51 EDTPFGLaw firm says judge approves settlement with Principal Financial
Law firm Bailey & Glasser announced that a U.S. District Judge granted final approval to a settlement negotiated with Principal Financial, which it says had been accused of violating its fiduciary obligations by charging excessive administrative fees to employees investing their retirement plans in Principal funds in violation of the Employee Retirement Income Security Act. The settlement involves a payout of $3M into a settlement fund and an agreement by Principal to redyce such fees going forward by at least $8.1M.

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