Ameriprise Can't Escape Suit Over $20M In 401(K) Losses

By Django Gold (November 21, 2012, 5:29 PM EST) -- Ameriprise Financial Inc. failed Tuesday to shake class allegations it channeled employee benefits investments to poorly-performing funds that lost more than $20 million while generating profits for Ameriprise itself, after a Minnesota federal judge found that plan participants had properly stated their case....

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