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LPL Financial Holdings RICO Class Action

Last verified September 29, 2026Source: courtlistener-litigationHow ClaimWatch verifies cases

This case was recently filed and is being litigated — the claims below are allegations, not proven facts, and there is no settlement, claim form, or payout yet. Watch the case (right) and we'll email you when it moves, including if it settles and a claim process opens.

Where this case stands

In litigation

The case has been filed and is being fought in court. There is no settlement, no claim form and no payout yet; many class actions are dismissed or never certified.

Pending in the District Court, S.D. New York (No. 1:25-cv-00708).

  1. January 23, 2025
    Case filed

What happened

A proposed class action has been filed against LPL Financial Holdings Inc. The docket indicates a civil RICO claim (Nature of Suit 470), but the specific conduct alleged is not described in the available entries. Plaintiff Gregory J. Baurnes appears to be pursuing claims on behalf of a class of affected individuals.

Do you qualify?

No settlement exists yet, so there is nothing to file and no class definition to check. If the case settles, the settlement will define exactly who qualifies — watch this case and we'll let you know.

How to file

There is no claim to file yet. If this case reaches a settlement, a claim process will open — usually with an official settlement website and a filing deadline.

Common questions

Can I file a claim in the LPL Financial Holdings RICO Class Action case?
No. This case has been filed and is still being litigated — there is no settlement, no claim form, and no payout. Many class actions are dismissed or never certified, so a case being filed does not mean anyone will be paid. If it settles and a claim process opens, that will be announced by a court-appointed settlement administrator.
Where is the LPL Financial Holdings RICO Class Action case being heard?
The case is before the District Court, S.D. New York, case number 1:25-cv-00708. Everything alleged in the complaint is an allegation, not a proven fact.

Who's involved

Plaintiffs

  • Gregory J. Baurnes

Defendants

  • LPL Financial LLC
  • LPL Financial Holdings Inc.

Counsel for plaintiffs

Other cases these firms appear in

Parties and counsel from the public court docket; contact details as filed with the court. Listing an attorney here isn't an endorsement, and ClaimWatch isn't affiliated with any of them.

New to class actions?

This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.

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