On July 21, 2025, a judge in the Ameriprise/LPL Financial lawsuit ruled that a search for client data must move forward. This order pertains to a group of financial advisors who transitioned from Ameriprise to LPL and may have taken client information.
The judge's order mandates that these advisors must cooperate with a third-party "forensic examiner" to assess whether the information should be deleted. This step is a critical procedural development in the ongoing legal dispute.
This development indicates that the legal process is actively addressing the allegations of improper data transfer. While not a final resolution, it signifies progress in determining the facts of the case and potential remedies.
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