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Walter Less Allegedly Approved Unauthorized Transactions

Walter Less (CRD #: 5191948), a broker registered with LPL Financial, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on July 29, 2024. Details concerning this dispute are provided below. 

Investor Allegations 

On May 13, 2024, an investor alleged that Walter Less approved transactions that were not authorized by the Power of Attorney agreement on file. The investor is seeking $254,048. 

High Standards of Commercial Honor

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

Background Information 

Walter Less has passed the following exams: 

  • Series 66 – Uniform Combined State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination 

He is a registered broker in 14 states and is a registered investment adviser in Florida, Georgia, South Carolina, and Texas. 

During his 17 years of experience, Walter Less has registered with six firms: 

  • LPL Financial (CRD #: 6413) 
  • Wells Fargo Clearing Services (CRD #: 19616) 
  • First Southeast Investor Services (CRD #: 45555) 
  • Sorrento Pacific Financial (CRD #: 127787) 
  • UVest Financial Services Group (CRD #: 13787) 
  • Edward Jones (CRD #: 250) 

Kurta Law Can Help 

If you have worked with Walter Less and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors 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. Do not let securities fraud go unchecked. Start your recovery process today.

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