Our firm is investigating Principal Securities, Inc. financial advisor and stockbroker Cassidy Layne Bearinger (CRD# 8137209) of Lincoln, Nebraska for potential investment-related misconduct.
Cassidy Layne Bearinger Financial Advisor’s Career History
Cassidy Layne Bearinger is currently registered with Principal Securities, Inc. (CRD# 1137), where she has been registered as a broker since September 2, 2025 and as an investment adviser representative since November 24, 2025. BrokerCheck lists her Principal Securities branch office at 1128 Lincoln Mall, Suite 200, Lincoln, Nebraska 68508.
BrokerCheck reports no prior securities firm registrations for Bearinger. Her employment history lists Principal Securities, Inc. as a registered representative employer since August 2025, Principal Life Insurance Company as an agent employer since August 2025, and Midlands Financial as a financial advisor employer since January 2026. Earlier employment entries include Cornerstone Bank, Bearinger Tax & Accounting LLC, and the Lincoln Children’s Zoo.
Bearinger is registered with FINRA and licensed in 13 U.S. states and territories. BrokerCheck also reports that she has passed the Series 7TO, Series 66, and Securities Industry Essentials examinations.
Cassidy Layne Bearinger Fraud Allegations and Investor Complaints Explained
FINRA BrokerCheck reports one disclosure event involving Cassidy Layne Bearinger: a settled customer dispute. The complaint alleged that, while Bearinger was associated with Principal Securities, Inc., the client claimed that the registered representative did not enter his trade orders as requested. BrokerCheck identifies the product type as a mutual fund.
Settled Customer Complaint Alleging Failure to Enter Trade Orders
The customer complaint was received on March 6, 2026. BrokerCheck lists alleged damages of $6,680. The matter was settled on March 18, 2026 for $1,005.60, with no individual contribution from Bearinger. The disclosure indicates that the complaint was written and was not an arbitration, CFTC reparation, or civil litigation.
For context, the FINRA BrokerCheck disclosure lists the following details:
- Disclosure type: Customer Dispute — Settled
- Reporting source: Broker
- Employing firm when alleged activity occurred: Principal Securities, Inc.
- Allegation: Client alleged that the registered representative did not enter his trade orders as requested
- Product type: Mutual Fund
- Alleged damages: $6,680
- Date complaint received: March 6, 2026
- Complaint pending: No
- Status: Settled
- Status date: March 18, 2026
- Settlement amount: $1,005.60
- Individual contribution amount: $0.00
- Arbitration/CFTC reparation/civil litigation: No
Bearinger’s BrokerCheck broker statement says neither the registered representative nor the firm received trade orders from the client in good order. The statement also says that, in the interest of customer service, the firm offered to backdate the trades as an accommodation. The settlement should not automatically be treated as a finding that Bearinger or Principal Securities violated securities laws or FINRA rules.
Robert Wayne Pearce Is Committed to Recovering Your Investment Losses
To obtain a copy of Cassidy Layne Bearinger’s FINRA BrokerCheck report, visit this link.
FINRA Rule 2010 requires brokers to observe high standards of commercial honor and just and equitable principles of trade. In the context of the settled complaint against Cassidy Layne Bearinger, Rule 2010 may be relevant because the allegation involved whether customer mutual fund trade instructions were properly received, handled, and entered. If proven, a failure to process a customer’s trade order as requested could raise fair-dealing concerns, although BrokerCheck states that the matter settled and Bearinger’s statement disputes that the orders were received in good order.
FINRA Rule 2090, the Know Your Customer rule, may also be relevant because trade-order disputes often depend on account instructions, customer authority, and the essential facts surrounding the customer’s account. In this context, an analysis could focus on whether the advisor and firm properly understood the customer’s instructions, confirmed the authority and details of the requested trades, and maintained sufficient account information to process the mutual fund transactions correctly.
FINRA Rule 3110 requires member firms to establish and maintain a supervisory system reasonably designed to achieve compliance with securities laws and FINRA rules. In the context of the complaint, a potential supervisory issue would be whether Principal Securities had reasonable procedures for receiving, documenting, reviewing, and executing customer mutual fund trade orders. The BrokerCheck disclosure reports a settlement, but it does not state that Bearinger personally contributed to the settlement or that any final finding of wrongdoing was made.
For over 45 years, Robert Wayne Pearce has helped investors recover losses caused by broker fraud, negligence, and unsuitable recommendations. His firm, The Law Offices of Robert Wayne Pearce, P.A., represents clients nationwide on a no-recovery, no-fee basis. Call (800) 732-2889 or email pearce@rwpearce.com for a free case review with an experienced securities attorney.