LPL and Fired CEO Reach Settlement

LPL Reaches $12M Settlement With Fired CEO
LPL Financial has reached a $12 million settlement agreement with former CEO Dan Arnold, whom the firm fired in October for violating its policies. The company on Sunday entered into a deal allowing Arnold to keep 47,
LPL Settles With Ex-CEO Arnold for $12M in Stock Options
The settlement, reached a little more than two months after he was fired, was about 15% of the total he was entitled to had he been terminated ‘without cause.’
Local financial firm reaches settlement with fired CEO
LPL Financial Holdings Inc. (NASDAQ: LPLA) has reached a settlement with its former president and CEO, Dan H. Arnold, who was fired Oct. 1 for workplace misconduct.
Fired LPL CEO Dan Arnold Settles for $12M In Stock Options
According to records filed with the SEC, Arnold will retain 47,994 non-forfeited options with a price per share of $327.56. This totals about 15% of what he could have received if he had been terminated without cause.
LPL Financial Settles with Former CEO Dan Arnold
LPL Financial ( ) 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 value
LPL and Fired CEO Reach Settlement 2 Months After Termination
Dan Arnold will be able to retain stock options that have a value of $12 million, according to a company filing with the Securities and Exchange Commission.
Ousted LPL CEO Arnold gets $12M settlement
Ex-CEO Dan Arnold's deal is estimated to be worth about 15% of what he would have received had he not been fired.
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