If your broker hurt your retirement, you may be able to recover
The brokerage industry reports any customer complaints made against or involving a broker on their publicly available Brokercheck Report. These reports are essential for transparency in the financial industry.
Halling & Cayo, S.C. is evaluating legal claims involving this financial advisor's conduct. We encourage customers who believe they may have a cause of action related to these investment recommendations to reach out to our securities lawyers.
Claim(s) Made Against Patrick Jennings Latta:
Claim Date: 2/19/2026
“Claimant alleges improper distribution of half of IRA assets to beneficiary upon death of client in September of 2025. Assets were distributed to two named beneficiaries by the custodian in September of 2025. Claimant alleges client intended to update beneficiaries to a single trust beneficiary for claimant‘s benefit prior to death and submitted estate and trust documents evidencing that intent in 2022 and 2023, as well as made inquiries in 2025. Mr. Latta was the client‘s financial advisor during the period in question. Claimant was client‘s wife and was not a client of Mr. Latta‘s.”
This claim, as of this posting, is currently Pending with a claim amount of $443,582.65 .
Claim Date: 2/5/2026
“Claimant alleges claims of breach of fiduciary duty, negligence, failure to supervise, and violations of FINRA Rules 2111, 2010, 2020, 2210 and 3110, among others, against respondent LPL Financial, LLC in connection with the distribution of assets from an IRA to the named beneficiaries upon the death of the client in September of 2025. Claimant alleges that the assets were improperly distributed as they submitted documents evidencing an intent to change the designated beneficiaries in 2022 prior to the client‘s death. Mr. Latta was the client‘s financial advisor during the period in question. Claimant was client‘s wife and was not a client of Mr. Latta‘s.”
This claim, as of this posting, is currently Pending with a claim amount of $500,000.00 .
