LPL Financial is alleging that Amerprise sent unwarranted alerts of a "data breach" to thousands of LPL clients over past transfers of account information from Ameriprise. Processing Content Of its ...

LPL failed to follow its own anti-money-laundering procedures when it opened a customer account and processed wire transfers for Eugenio Garcia Jimenez, Jr., an unregistered investment advisor who ...

LPL Financial is suing Ameriprise for alleged defamation, accusing the firm of sending "data breach" notices to thousands of LPL customers that falsely claimed their personal information was ...

There is a new twist in the multifaceted legal war between wealth management companies LPL Financial and Ameriprise. LPL this week sued its rival for allegedly sending misleading data breach notices ...

The court order came after LPL agreed to drop its lawsuit that sought a temporary restraining order against its competitor last Thursday, according to a court filing. But that doesn’t mean the ...

Such data breach notices are among the most sensitive communications firms can have with clients, as customers are deathly afraid of losing control of their accounts to outside compute hackers.