Last Updated: November 2023 (New York, NY)
Stephen Hamilton Investigation Summary
Here’s what you need to know about New York, NY, stockbroker Stephen Hamilton:
- Name: Mr. Stephen Carey Hamilton
- Current Employer: Revere Securities
- Previous Firms: Laidlaw & Company, Safdie Investment Services, Ladenburg Thalmann
- Function: Stock Broker/ Financial Advisor
- Aliases: Stephen Hamilton
- Primary Location: New York, NY
- CRD 2165516
- Can Stephen Hamilton be sued in FINRA arbitration: Yes
- Sanctioned by FINRA (NASD): Yes
- Highest Settlement or Award: $890,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Stephen Hamilton As Your Stockbroker?
Stephen Hamilton reports 4 customer settlements on his CRD, including:
- In 1999 a customer of Ladenburg Thalmann was paid $890,000 (half of which was funded by Stephen Hamilton) to resolve New York Stock Exchange case in which the customer alleged unsuitability , churning, misrepresentation and violation of British Law.
- In 2018 a customer of Laidlaw & Company was paid $29,995 to resolve allegations that Stephen Hamilton did not follow his instructions.
Early in his career, the NASD (predessesor to FINRA) censured and fined Stephen Hamilton for attempting to settle a customer complaint by placing an envelope with $1,000 in cash inside of it, into the home mailbox of his former customer.
Allegations of Broker Misconduct Against Stephen Hamilton
Customers of Stephen Hamilton have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation
- Did not follow instructions
- Failure to execute order
- Churning
- Misrepresentation
- Violation of British Law
- Unsuitable Option Trading
What is Excessive Trading (Churning)?
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
See this for information on our investigations of Revere Securities brokers
If you have suffered investment losses in an account handled by Stephen Hamilton, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.