Violation Tracker Individual Record
Company:Principal Financial Group
Date:November 14, 2007
Offense Group:competition-related offenses
Primary Offense:kickbacks and bribery
The Principal Financial Group agreed to pay $5 million in settlement of allegations it secretly paid compensation to brokers to ensure access to pension plan insurance contracts.
Level of Government:state
Action Type:agency action
Agency:Connecticut Attorney General
Civil or Criminal Case:civil
HQ Country of Parent:USA
HQ State of Parent:Iowa
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:insurance
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