LPL’s Casady could be on the hot seat
Mark Casady
Activist investor Marcato could demand more of a say in how the company is run in effort to boost its stock price.
Now that activist hedge fund investor Marcato Capital Management has taken a 6.3% equity stake in LPL Financial Holdings Inc., chairman and chief executive Mark Casady is facing a challenge few executives would relish. Marcato could push for seats on LPL's nine-person board or try to show senior man
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