Ameriprise Financial Ordered to Pay Elderly Couple $1.17 Million

By Tom Costello of Costello Law Group A FINRA arbitration panel ordered Ameriprise Financial Services Inc. to pay $1.17 million to an elderly couple after advising them to invest their retirement savings in speculative real estate investments. According to the award, Ameriprise had advised the couple to invest over $1 million of their […]