Pruco Securities, LLC Restitution Information

This case is closed. You may review eligibility and related claims information for reference only.

Restitution Information for Investors

This page provides information about restitution for certain customers of Pruco Securities, LLC. FINRA ordered Pruco to pay more than $10.7 million in restitution, plus interest, to customers who placed mutual fund orders with Pruco via facsimile or mail (paper orders) from late 2003 to June 2011 and may have received an inferior price for their shares.

Who is eligible for restitution?
Approximately 34,000 customers for whom Pruco has already calculated the amount of restitution. Up to 3,240 additional customers will receive restitution upon the firm’s completion of the restitution calculations.

How will eligible individuals be notified?
Eligible customers will be notified and receive restitution from Pruco on or about July 29, 2013. Pruco will notify the customers if any additional steps are required.

What options are available to investors?
The remediation plan does not foreclose your ability to pursue arbitration or mediation if you believe you have suffered losses. You may consult an attorney as to your rights.