NASDAQ:LPLA Shareholder Notice Investigation of Possible Wrongdoing by Certain Directors of LPL Financial Holdings Inc

An investigation on behalf of investors in LPL Financial Holdings Inc (NASDAQ:LPLA) shares over potential wrongdoing at LPL Financial Holdings Inc was announced.

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San Diego, CA -- (SBWire) -- 06/18/2018 --An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at LPL Financial Holdings Inc (.

Investors who purchased shares of LPL Financial Holdings Inc (NASDAQ:LPLA) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain LPL Financial Holdings Inc directors breached their fiduciary duties and caused damage to the company and its shareholders.

LPL Financial Holdings Inc has reached a $26 million settlement with state securities regulators over claims that LPL Financial Holdings Inc allegedly failed to maintain adequate systems to supervise employees and prevent the sale of unregistered securities. Under the settlement, investors who were sold unregistered securities since October 2006 will be offered the full amount they paid plus 3 percent interest. LPL says it will pay a $499,000 fine to each of the 52 U.S. states and territories if they choose to participate in the deal.

Those who purchased shares of LPL Financial Holdings Inc (NASDAQ:LPLA), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/996104