Investor Alleges Lawrence Krause’s Stock Purchases Led to Loss

Lawrence Krause (CRD #: 275153), a broker registered with B.B. Graham & Company, was recently involved in an investor dispute, according to his BrokerCheck record, accessed on May 26, 2023. Investors may have also engaged his services through KW Securities Corporation. Keep reading if you have questions about his alleged conduct as a broker.

Investor Dispute

On March 22, 2023, an investor alleged that Lawrence Krause purchased too many shares of Shopify (SHOP), resulting in a loss. The client received a settlement of $125,000.

FINRA Rule 5310

FINRA Rule 5310 requires brokers to execute clients’ transactions according to their instructions and in a timely manner.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

Lawrence Krause has passed the following exams:

• Series 65 – Uniform Investment Adviser Law Examination
• Series 63 – Uniform Securities Agent State Law Examination
• Series 52TO – Municipal Securities Representative Examination
• Series 7TO – General Securities Representative Examination
• SIE – Securities Industry Essentials Examination
• Series 1 – Registered Representative Examination
• Series 53 – Municipal Securities Principal Examination
• Series 24 – General Securities Principal Examination

Lawrence Krause is a registered broker and a registered investment adviser in nine states.

He has also worked for the following firms:

• Tessara Financial Advisors (CRD#:113010)
• Casey Foss Securities Corporation (CRD#:7709)     
• Sutro & Company (CRD#:801)
• Reynolds Securities (CRD#:712)

Kurta Law Can Help

If you worked with Lawrence Krause and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.