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Stock impact report

Cetera, Ameriprise Face Class Action Lawsuits Over Data Breaches [Yahoo! Finance]

Ameriprise Financial, Inc. (AMP) 
Last ameriprise financial, inc. earnings: 1/29 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.ameriprise.com
Company Research Source: Yahoo! Finance
Cetera Financial and Ameriprise are the latest financial services firms to face allegations of data breaches detailed in class action lawsuits brought by customers, calling them to task for allegedly failing to protect client information.  Meanwhile, the Financial Industry Regulatory Authority has launched a new portal for member firms to report cyber threats and coordinate responses. The Cetera class action suit was brought by Jennifer Collier, a California resident, on behalf of all affected clients. According to the suit, Cetera learned that an unauthorized person gained access to an unnamed employee's email account last summer.  In January, the firm's review found that some client information (including names, Social Security numbers and account information) may have been leaked. Collier alleged Cetera hadn't used “reasonable security procedures and practices appropriate to the nature of the sensitive information” about their customers. “(Collier) and class members now fa Show less Read more
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