Florida woman sues Omaha brokerage, alleging it failed to warn her, others of scam

Neb. brokerage sued over alleged negligence

OMAHA, Neb. — A Florida woman is suing an Omaha-area based brokerage and its parent company, alleging they failed to warn her and others about investing in what she says turned out to be a $2 billion Ponzi scheme.

The federal lawsuit filed Thursday in Omaha on behalf of Ilene Grossbard of Sarasota, Fla., alleges Securities America sold hundreds of millions of dollars worth of securities in notes for a medical receivables company.

The lawsuit says Securities America was negligent for failing to investigate accounting irregularities there.

Grossbard has sued Securities America’s Minneapolis-based parent company, Ameriprise Financial.

Phone messages left by The Associated Press for Securities America and Ameriprise representatives were not immediately returned Friday.

On the Net:

Ameriprise: www.ameriprise.com/

(This version CORRECTS APNewsNow. corrects alleged amount of Ponzi scheme in lede. WILL be led.)