UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 15, 2006
AMERIPRISE FINANCIAL, INC.
(Exact name of registrant as specified in its charter)
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Delaware |
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001-32525 |
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13-3180631 |
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(State or other jurisdiction |
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(Commission File Number) |
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(IRS Employer |
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55 Ameriprise Financial Center Minneapolis, Minnesota |
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55474 |
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(Address of principal executive offices) |
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(Zip Code) |
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Registrant’s telephone number, including area code: (612) 671-3131
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01 Other Events.
On May 15, 2006, a NADS panel issued a decision in a securities industry arbitration proceeding captioned Wayland Adams et al vs. David McFadden and Securities American, Inc. Securities America, Inc. is a wholly owned subsidiary of Ameriprise Financial, Inc. The arbitrators ruled against Securities America, Inc., and awarded the plaintiffs approximately $19.6 million.
Securities America disagrees with the arbitration panel’s decision and intends to file a motion to vacate the award.
If the award is sustained, we believe its impact, net of applicable reserves, would not be material to Ameriprise Financial’s earnings.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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AMERIPRISE FINANCIAL, INC. |
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(REGISTRANT) |
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DATE: May 16, 2006 |
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/s/ John C. Junek |
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Name: |
John C. Junek |
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Title: |
Executive Vice President and General Counsel |
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