Trial court orders Ameriprise to pay advisory firm $1.5 million
Ruling finds firm, employees unfairly competed with Hanson McClain Advisors.
Ameriprise Financial and two of its employees must pay advisory firm Hanson McClain Advisors $1.5 million for using client information misappropriated by a former employee to solicit business, a trial court judge in California ruled earlier this month.
Sacramento-based Hanson McClain filed its ini
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