Law360, New York (April 05, 2010, 5:19 PM ET) -- The U.S. Supreme Court has kicked a lawsuit against Ameriprise Financial Inc. over alleged overcharging for mutual fund fees back to the U.S. Court of Appeals for the Eighth Circuit, finding that a decades-old fee dispute standard that was recently upheld in a similar matter also applies to the Ameriprise case.
The high court issued a summary order on Monday in the proposed class action brought by investors vacating the ruling by the Eighth Circuit in which the appeals court revived the case after it was...
Gartenberg Ruling Knocks Out Ameriprise Fee Case
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