LPL and Fired CEO Reach Settlement 2 Months After Termination

LPL Financial reached a colony statement with fired CEO Dan Arnold that permits him to clasp banal options that person a worth of $12 million, according to a institution filing with the Securities and Exchange Commission.

The colony statement besides contains a wide merchandise of claims by Arnold against the company, arsenic good arsenic non-competition, non-disparagement, and non-solicitation provisions, according to the filing. The non-competition and non-solicitation provisions are successful effect until Sept. 30 of 2025.

The...

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