Et tu, Principal?
Maybe there’s a good reason the stock of Des Moines stalwart Principal Financial Group has skidded from over $70 to $14.31. Des Moines’ largest employer is now taking its place in the federal bailout...
View ArticlePrincipal freezes withdrawals from one fund
If you are a 401(k) investor in the U.S. Property Separate Account, you might as well make yourself comfortable, because you aren’t going anywhere: Investors in the Principal U.S. Property Separate...
View ArticlePrincipal Financial Group loses $400 million $100 million motion
Des Moines-based insurance giant Principal Financial Group last week lost a motion for summary judgment on a $444* million tax dispute with the IRS. The U.S. Court of Federal Claims turned down PFG’s...
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