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Article from bizjournals.com: RBC Dain suspects client information theft

RBC Dain Rauscher Corp. has launched an investigation into claims that personal client information has been stolen from the company.

The Minneapolis-based securities firm said several of its clients have received anonymous letters stating that their personal information was stolen. The letter were sent by someone claiming to be a former employee.

RBC Dain Rauscher said it is working with local and federal authorities to investigate the claims, and the company has hired an outside firm specializing in identity theft.

"This suspected criminal activity is something we're taking very seriously," RBC Dain Rauscher CEO John Taft said in a statement. No evidence has been found to support the claims, he said.

RBC Dain Rauscher is asking any clients who have received a suspicious letter to contact the company immediately.

RBC Dain Rauscher is a wholly owned subsidiary of Royal Bank of Canada in Toronto.

Copyright(c) American City Business Journals Inc. All rights reserved.

You can view this article on the web at:
http://twincities.bizjournals.com/twincities/stories/2005/09/26/daily22.html

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