Investors have reportedly disputed the sales practices of securities broker Lawrence Allen Krause [CRD: 275153, Larkspur, California], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. It appears that Krause worked for KW Securities Corporation from June 24, 1980, to April 2, 2024, and for B.B. Graham Company Inc. from December 1, 2021, to June 5, 2023. Read on for details about Krause’s reported disclosures.
B.B. Graham Company Inc. Investor Accused Krause Of Unsuitable Trading
Notably, a client filed a complaint about Lawrence Krause. Mainly, the client alleged that Krause purchased too many shares, resulting in a loss. Because of this, the client allegedly incurred damages associated with stocks. Therefore, on March 22, 2023, B.B. Graham Company Inc. settled this matter by paying the client $125,000 in damages.
Lawrence Krause Discharged For Violation Of Firm Procedures
Also, B.B. Graham Company Inc. disaffiliated with Krause on June 5, 2023. Allegedly, Krause violated the firm’s written supervisory procedures.
Have You Made Investments Through Financial Advisor / Securities Broker Krause?
Did you experience losses because of Lawrence Krause? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities lawyer about a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, the firm takes cases on a contingency fee basis and advances all costs. Krause and brokerage firms Krause worked for deny accusations of sales practice violations.
