Advisor Alert: Our Attorneys Are Investigating Patrick Brian Devlin For Investment Fraud
Did You Lose Money Because of Patrick Devlin?
Filed: November 2, 2023
Patrick Devlin has been the subject of one (1) customer complaint. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Patrick Brian Devlin.
Who Is Patrick Brian Devlin of LPL Financial LLC?
- Advisor Name: Patrick Brian Devlin
- Aliases: Patrick Devlin
- CRD: 4851412
- Location: Seven Fields, Pennsylvania
- Current Employer: LPL Financial LLC
- Previous Firms: Waddell & Reed
- Number of Known Customer Complaints: 1
- Can Patrick Devlin Be Sued: Yes, in Private Arbitration
- Can Patrick Devlin’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $1,500,000
- Highest Settlement: $200,000
If you have suffered investment losses by Patrick Devlin, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Patrick Devlin For Broker Misconduct
As of this publication date, Patrick Devlin has been the subject of 1 customer dispute. Let’s review it below.
In October 2019, a FINRA arbitration was filed against or in reference to Patrick Devlin by multiple customers of LPL Financial LLC alleging that the death benefit feature of a variable annuity was misrepresented at the time of purchase in 2014. Per the customers, they lost over $1,500,000 because of Mr. Devlin’s actions. On May 13, 2021, Mr. Devlin settled the claim for $200,000, and some or all of this amount may have been paid by Mr. Devlin’s employer and/or insurance carrier.
How To File A Claim Against Patrick Devlin of LPL Financial LLC (previously with Waddell & Reed) To Get Your Money Back.
If you have questions about Patrick Devlin, LPL Financial LLC, Waddell & Reed, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.