Ameriprise ‘Chasing Headlines’ in Client Data Dispute, LPL Argues
February 25, 2025 by Melanie Waddell
In the latest salvo in the ongoing legal dispute between Ameriprise and LPL Financial over advisors’ alleged breaches of contractual agreements, LPL states in a new response that Ameriprise is “chasing headlines” and has filed seven other actions over the past year “without making any attempt to address them with LPL before suing.”
On Feb. 11, Ameriprise filed its latest action in the U.S. District Court for the District of Arizona calling for a temporary restraining order and a preliminary injunction against three advisors — Jared Roskelley, Kyle Robertson and Matthew Tinyo — who resigned from Ameriprise on Jan. 27 and immediately commenced employment with LPL Financial Services.