Ameriprise Gets Suit Over $20M In 401(k) Losses Trimmed

By Kat Greene (March 20, 2014, 6:36 PM EDT) -- A Minnesota federal judge on Thursday trimmed a lawsuit brought by a group of Ameriprise Financial Inc. employees who say the company invested their retirement money in dud funds that benefited their managers while losing $20 million, finding that the statute of limitations had run out on some of the claims....

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