LPL Calls Ameriprise Data-Breach Notices ‘Defamatory’
April 16, 2025 by Melanie Waddell
LPL Financial is accusing Ameriprise Financial in a new lawsuit of sending thousands of LPL customers “false and defamatory” notices that their data has been stolen.
The suit, filed Monday in the U.S. District Court for the Southern District of California, asserts that a Notice of a Data Breach sent by Ameriprise is a “dangerous escalation” in a recruiting dispute between the two companies. At issue, according to the suit, is the departure between 2018 and 2021 of 30 advisors who left Ameriprise for LPL.
Originally Posted at Think Advisor on April 15, 2025 by Melanie Waddell.
Categories: Industry Articles
