InvestmentNews Discusses Ameriprise $27.5 Million Settlement

Financial firm Ameriprise Financial Inc. has agreed to settle a four year old lawsuit for $27.5 Million. The lawsuit - filed in the U.S. District Court in Minnesota and pursued by Schlichter, Bogard & Denton - was scheduled to head to trial on April 13, 2015 however, the agreement between Ameriprise and the plaintiffs was reached and filed with the court.

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