Former LPL adviser’s alleged discrimination highlights company culture issues

Aug 2021 // InvestmentNews

Eileen Cure was dropped from LPL Financial after viral videos surfaced of her allegedly telling employees she will not interview Black job applicants.

The messages, which were published in a series of TikTok videos, could be the subject of further investigation, said attorney Thomas Ajamie, managing partner for Ajamie LLP of Houston.

“What’s going to be most important to LPL’s liability, if there is any, is in regard to how she ran her practice,” Ajamie said. “Lawyers could go back and look at other job applications that came through where she was involved and will have to determine whether she was discriminatory in her hiring practices.”

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