Ameriprise Sued Over $20M Loss In 401(K) Investments
By Sindhu Sundar ( September 28, 2011, 10:28 PM EDT) -- Members of Ameriprise Financial Inc.'s 401(k) plan filed a proposed class action in Minnesota on Wednesday claiming they lost $20 million in investments because the financial services company favored its own underperforming subsidiary funds over investment plans with better performance records....
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