Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
LPL Financial ( (LPLA) ) has shared an announcement.
LPL Financial Holdings Inc. has reached a settlement with former CEO Dan H. Arnold, allowing him to retain 47,994 stock options valued at $12 million, following his termination for cause. This settlement includes non-competition and non-solicitation clauses, effective until September 30, 2025, and represents 15% of the potential severance benefits he could have received if terminated without cause.
For detailed information about LPLA stock, go to TipRanks’ Stock Analysis page.
