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Charter Township of Clinton Police and Fire Retirement System v. LPL Financial Holdings Inc. et al
Case Number:
3:16-cv-00685
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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December 04, 2017
LPL Asks Calif. Judge To Nix Stock-Drop Suit For Good
The largest U.S. independent broker-dealer urged a California federal judge on Friday to toss a proposed class action accusing it of covering up "severely disappointing" financial results while a major private equity backer cashed out to the tune of $187 million, saying the investors behind the suit haven't fixed the problems that got their last complaint thrown out.
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August 21, 2017
LPL Stock-Drop Action Must Be Strengthened, Judge Holds
A San Diego federal judge on Friday dismissed a suit claiming that LPL Financial Holdings Inc. duped investors before a February 2016 stock swoon, but he gave aggrieved shareholders a chance to amend their complaint to detail fraudulent intent by executives at the private equity-linked brokerage.
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July 22, 2016
Robbins Geller Gets Lead In LPL Financial Suit
A California federal court on Thursday appointed Robbins Geller Rudman & Dowd LLP as lead counsel in a shareholder suit that accuses broker-dealer LPL Financial Holdings Inc. of falsely inflating its share price.