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Judge OKs $80M Ameriprise Deal Over Bad Securities

By Pete Brush (August 5, 2011, 1:36 PM EDT) -- A Texas federal judge on Thursday preliminarily approved an $80 million settlement between Ameriprise Financial Inc. and classes of more than 2,000 investors who bought into the Provident Royalties LLC and Medical Capital Holdings Inc. Ponzi schemes through Ameriprise's offerings....

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