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NYGAARD PREVAILS AGAINST AMERIPRISE AND RECOVERS $776,000 FOR HER CLIENT

NYGAARD PREVAILS AGAINST AMERIPRISE AND RECOVERS $776,000 FOR HER CLIENT

In October, 2013, Mrs. Nygaard won an arbitration against Ameriprise in which the Panel held for the reimbursement of $650,000 for REITs, variable life insurance and annuities sold to her elderly client. Ameriprise was also ordered to pay an additional $126,000 for the fees, commissions and payments made to Ameriprise for “financial plans” and expenses of the arbitration. The award involved CPA, KBS, Inland American Reits, and River Source annuities. Click to read more.

November 4, 2015