Advisor Alert: Our Attorneys Are Investigating Lawrence Allen Krause For Investment Fraud
Did You Lose Money Because of Lawrence Krause?
Filed: March 11, 2024
Lawrence Krause has been the subject of six (6) regulatory events, one (1) termination event, and 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 Lawrence Allen Krause.
Who Is Lawrence Allen Krause of KW Securities Corporation?
- Advisor Name: Lawrence Allen Krause
- Aliases: Lawrence Krause
- CRD: 275153
- Location: Larkspur, California
- Current Employer: KW Securities Corporation
- Previous Firms: B.B. Graham & Company, Inc. and Tessara Financial Advisors, Inc.
- Number of Known Customer Complaints: 1
- Number of Known Regulatory Events: 9
- Number of Known Termination Events: 1
- Can Lawrence Krause Be Sued: Yes, in Private Arbitration
- Can Lawrence Krause’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $125,000
- Highest Settlement: $125,000
If you have suffered investment losses by Lawrence Krause, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a margin call liquidations 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 Lawrence Krause For Broker Misconduct
As of this publication date, Lawrence Krause has been the subject of 9 regulatory events, 1 termination event, and 1 customer dispute. Let’s review them below.
In June 2023, B.B. Graham & Company, Inc. terminated Lawrence Krause for knowingly violating Firm’s Written Supervisory Procedures.
In March 2023, a complaint was filed against or in reference to Lawrence Krause by a customer of B.B. Graham & Company, Inc. alleging that Mr. Krause purchased too many shares resulting in a loss which the representative was responsible for. Per the customer, he/she lost over $125,000 because of Mr. Krause’s actions. On March 22, 2023, Mr. Krause settled the claim for $125,000.
In September 2000, National Association of Security Dealers, Inc. initiated a regulatory action against or in reference to Lawrence Krause for Sec Rule 10b-9(a)(2) and NASD rules 2110 – a member firm, acting by and through respondent Krause, offered limited partnership interests which constituted securities.
In December 1998, Illinois Securities Department initiated a regulatory action against or in reference to Lawrence Krause for after his registration has been a subject to denial based upon an Sec Order, Administrative Proceeding File No. 3-9477.
In January 1998, Illinois Securities Department initiated a regulatory action against or in reference to Lawrence Krause for after his registration as a salesperson in the state of Illinois is subject to revocation based upon an order issued by the sec.
In October 1997, Securities and Exchange Commission initiated a regulatory action against or in reference to Lawrence Krause for allegedly selling partnership interests in three limited partnerships based on offering materials that misrepresented and omitted facts concerning the use of investors’ proceeds, in violation of the anti-fraud provisions of the Federal Securities Laws.
In June 1992, National Association of Securities Dealers, Inc. initiated a regulatory action against or in reference to Lawrence Krause for failure to record and develop an Escrow account.
In August 1979, National Association of Securities Dealers, Inc. initiated a regulatory action against or in reference to Lawrence Krause for violation of section 1 of article III of NASD rules of fair practice.
How To File A Claim Against Lawrence Krause of KW Securities Corporation (previously with B.B. Graham & Company, Inc. and Tessara Financial Advisors, Inc.) To Get Your Money Back
If you have questions about Lawrence Krause, KW Securities Corporation, B.B. Graham & Company, Inc., Tessara Financial Advisors, Inc., 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.