Tag: Ameriprise

Ameriprise Financial: Court approves class action settlement

September 7, 2011 by

Ameriprise Financial, Inc. obtained final court approval of a class action settlement.  In July 2009, two issuers of private placement interests (Medical Capital Holdings, Inc./Medical Capital Corporation and affiliated corporations, and Provident Shale Royalties, LLC and affiliated corporations) sold by Ameriprise’s subsidiary, Securities America, Inc., were the subject of SEC actions (brought against those entities