Key facts
- Aldina Barry, a former LPL Financial employee, has filed a lawsuit alleging age discrimination and retaliation.
- Barry claims she was fired after over 25 years with the firm due to new performance metrics.
- She alleges LPL favors hiring younger male workers and that she was the oldest employee on her team.
- Barry is seeking damages, including punitive damages, and a jury trial.
- The lawsuit was filed in California state court.
Aldina Barry, a former LPL Financial employee, has filed a lawsuit in California state court alleging that the firm terminated her employment after more than 25 years of service due to age discrimination and retaliation. Barry, who joined LPL in August 2000 and held various roles including receptionist and in advisor onboarding, was promoted to "Premium Service Associate" in October 2024. In this role, she assisted financial advisors with account-related inquiries and researched carrier and licensing information. Barry claims she had no disciplinary write-ups and had received recognition for her work.
According to the complaint, LPL introduced new performance metrics early in 2026, which were reportedly changed multiple times. In March, Barry was informed by her supervisor and an LPL Human Resources representative that she would be placed on a three-month probationary period for failing to meet these metrics. Barry alleges she did not receive adequate coaching during this period and that she and a co-worker were confused as to why she was being singled out. She raised concerns about the metrics with LPL in June. Approximately one week later, she was terminated, effective immediately, for not meeting the performance standards. Barry claims her work systems access was cut off within minutes of being informed of her dismissal.
The lawsuit states that Barry was the only team member fired due to the metrics as of July 7. She asserts she was the oldest employee on her team and that LPL has shown a preference for hiring younger male workers, citing its internship program. Barry also noted that at least one other employee in their 60s with decades of service was fired around the same time. The complaint alleges that LPL discarded Barry's long service and experience in favor of younger workers, using the new, inconsistently applied grading system as justification. Barry is seeking damages for alleged financial losses, including lost wages and benefits, and requests a jury trial.