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...

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Case Information

Case Title

Krueger et al v. Ameriprise Financial, Inc. et al

Case Number

0:11-cv-02781

Court

Minnesota

Nature of Suit

Labor: E.R.I.S.A.

Date Filed

September 28, 2011