Karen Walters-Hairston Allegedly Engaged in Negligence

Karen Walters-Hairston (CRD #: 6466314), a broker registered with PFS investments, was the subject of an investor dispute, according to her BrokerCheck record, accessed on September 1, 2025. Keep reading if you want to know more about her alleged conduct as a broker.

Investor Dispute

On June 23, 2025, the custodian of an account alleged that Karen Walters-Hairston negligently allowed UTMA account information to fall into the hands of another individual, who allegedly removed her as the custodian of the account. This dispute sought $150,000 in damages but was denied by the firm.

However, investors should be aware that firms can deny disputes without an external review. Investors can still recover damages following a denial by pursuing FINRA arbitration.

FINRA Rule 2010

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

What is broker negligence?

Many types of broker misconduct may qualify as negligence, including unsuitable investment recommendations, misrepresentations or omissions of material fact, and failure to follow instructions.

Investors who believe their losses are the result of broker negligence may be able to recover their funds through FINRA arbitration.

Background Information

Karen Walters-Hairston has passed the following exams:

• Securities Industry Essentials Examination – SIE
• Investment Company Products/Variable Contracts Representative Examination – Series 6
• Uniform Securities Agent State Law Examination – Series 63

Karen Walters-Hairston is a registered broker in Georgia, Maryland, New York, Oregon, and Virginia.

Kurta Law Can Help

If you worked with Karen Walters-Hairston 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 that 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.