Advisor Alert: Our Attorneys Are Investigating Lawrence William Waller II For Investment Fraud
Did You Lose Money Because of Lawrence Waller?
Filed: February 2, 2024
Lawrence Waller currently has one (1) pending customer complaint and three (3) pending judgment/lien events. Overall, he has been the subject of one (1) termination event, three (3) customer complaints, and three (3) judgment/lien events. 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 William Waller II.
Who Is Lawrence William Waller II of Stonex Securities Inc. and SA Stone Investment Advisors Inc.?
- Advisor Name: Lawrence William Waller II
- Aliases: Lawrence Waller
- CRD: 3232644
- Location: Atlanta, Georgia
- Current Employer: Stonex Securities Inc. and SA Stone Investment Advisors Inc.
- Previous Firms: Sterne Agee Investment Advisor Services, Inc., WRP Investments, Inc., and Securities America Advisors, Inc.
- Number of Known Customer Complaints: 3
- Number of Known Judgment/Lien Events: 3
- Number of Known Termination Events: 1
- Can Lawrence Waller Be Sued: Yes, in Private Arbitration
- Can Lawrence Waller’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $135,000
- Highest Settlement: Unknown
If you have suffered investment losses by Lawrence Waller, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a breach of fiduciary duty 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 Waller For Broker Misconduct
As of this publication date, Lawrence Waller has been the subject of 1 regulatory event, 1 termination event, and 1 customer dispute. Let’s review them below.
In November 2023, a FINRA arbitration was filed against or in reference to Lawrence Waller by a customer of SA Stone Investment Advisors Inc. alleging breach of fiduciary duty caused by failure to properly asset allocate and diversify assets. Per the customer he lost over $135,000 because of Mr. Waller’s actions. As of this publication date, this claim remains pending.
In February 2021, Lawrence Waller was the subject of a civil judgment or lien in the amount of $185.66. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.
In February 2021, Lawrence Waller was the subject of a civil judgment or lien in the amount of $39.90. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.
In April 2007, a complaint was filed against or in reference to Lawrence Waller by a customer of Securities America, Inc. alleging that account documents contain forgeries of the client’s signature. Per the customer he lost over $5,238.28 because of Mr. Waller’s actions.
In February 2007, a complaint was filed against or in reference to Lawrence Waller by a customer of Securities America, Inc. alleging that Mr. Waller mistakenly deposited a non qualified brokerage account in January 2006. Per the customer he lost over $5,000 because of Mr. Waller’s actions.
In December 2005, HD Vest terminated Lawrence Waller for discretionary trading within a fee based account. Mr. Waller was told by a Vest representative their fee based program provided discretionary trading of stocks.
In March 2005, Lawrence Waller was the subject of a civil judgment or lien in the amount of $9,965. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.
How To File A Claim Against Lawrence Waller of Stonex Securities Inc. and SA Stone Investment Advisors Inc. (previously with Sterne Agee Investment Advisor Services, Inc., WRP Investments, Inc., and Securities America Advisors, Inc.) To Get Your Money Back
If you have questions about Lawrence Waller, Stonex Securities Inc., SA Stone Investment Advisors Inc., Sterne Agee Investment Advisor Services, Inc., WRP Investments, Inc., Securities America 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.