LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC announces a class action lawsuit has been filed against LPL Financial Holdings Inc. (“LPL Financial” or the “Company”) (Nasdaq: LPLA) concerning possible violations of federal securities laws between December 8, 2015 and February 11, 2016. Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm in advance of the May 23, 2016, lead plaintiff motion deadline.
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
According to the complaint, the Company made misleading statements and/or failed to disclose that LPL Financial’s revenue and earnings had been undergoing a significant decline.
Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles.
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