Lawrence Krause: Complaint Against BB Graham Advisor Settles for $125K

A recent investor complaint against Larkspur, California financial advisor Lawrence Krause (CRD# 275153) reached a settlement of $125,000. Records provided by the Financial Industry Regulatory Authority indicate that he is currently registered as a broker and an investment advisor with BB Graham & Company. He is also a broker with KW Securities Corporation and was formerly a representative of Tessara Financial Advisors.

Mr. Krause’s BrokerCheck report discloses one investor complaint. Filed in March 2023, it alleged that as a representative of BB Graham & Company, he purchased too many shares of a certain stock, resulting in losses. The complaint reached a settlement of $125,000.

A “Broker Statement” included with the complaint’s disclosure provides additional information regarding the complaint. “Client offered the rep a private settlement vs. formal complaint process via the firm,” the statement reads. “Rep and client agreed to settle away from the firm. The representative’s failure to report the complaint to the firm was discovered by the firm in March 2023.”

According to the Financial Industry Regulatory Authority, Lawrence Krause holds 52 years of securities industry experience. Based in Larkspur, California, he has been a broker and an investment advisor with BB Graham & Company since 2021, and a broker with KW Securities Corporation since 1980. His registration history includes Tessara Advisors (Larkspur, California; 2002-2022), Casey Foss Securities Corporation (1979-1983), Sutro & Company (1975-1979), and Reynolds Securities (1970-1975). His credentials include the passage of eight securities industry qualifying exams: the General Securities Principal Examination, or Series 24; the Municipal Securities Principal Examination, or Series 53; the Registered Representative Examination, or Series 1; the Securities Industry Essentials Examination, or SIE; the General Securities Representative Examination, or Series 7TO; the Municipal Securities Representative Examination, or Series 52TO; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or Series 65. He is licensed in California, Florida, Hawaii, Illinois, Indiana, New Jersey, New Mexico, New York, Oregon, Pennsylvania, and Washington. (Information current as of April 22, 2023.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.