LPL Financial LLC broker Patrick Louise (CRD# 5810428) is accused of unsuitable investment recommendations. He has been registered with LPL Financial LLC in Woodstock, Illinois, since 2017.
Patrick Louise Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
March 2024. “Claimant alleges that during the time period 2011-2023, representative recommended unsuitable investments in variable annuities.” The customer is seeking $2,000,000 in damages, and the case is currently pending. The complaint was regarding variable annuity investment losses, and it took place while he was registered with LPL Financial LLC.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, LPL Financial LLC may be liable for investment or other losses suffered by Patrick Louise’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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