Advisor Alert: Our Attorneys Are Investigating Thomas Burgess Hamlin For Investment Fraud
Did You Lose Money Because of Thomas Hamlin?
Filed: February 9, 2024
Thomas Hamlin currently has six (6) pending customer complaints. Overall, he has been the subject of six (6) customer complaints and one (1) termination event. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Thomas Burgess Hamlin.
Who Is Thomas Burgess Hamlin of Somerset Securities, Inc. and Somerset Wealth Management, LLC?
- Advisor Name: Thomas Burgess Hamlin
- Aliases: Thomas Hamlin
- CRD: 2208505
- Location: Portland, Oregon
- Current Employer: Somerset Securities, Inc. and Somerset Wealth Management, LLC
- Previous Firms: Raymond James Financial Services Advisors, Inc. and Raymond James Financial Services, Inc.
- Number of Known Customer Complaints: 6
- Number of Known Termination Events: 1
- Can Thomas Hamlin Be Sued: Yes, in Private Arbitration
- Can Thomas Hamlin’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $504,476
- Highest Settlement: Unknown
If you have suffered investment losses by Thomas Hamlin, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stock market losses lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Thomas Hamlin For Broker Misconduct
As of this publication date, Thomas Hamlin has been the subject of 6 customer disputes and 1 termination event. Let’s review it below.
In January 2024, a FINRA arbitration was filed against or in reference to Thomas Hamlin by a customer of Somerset Securities, Inc. alleging unsuitable recommendation to purchase iCap Equity private placement. iCap Equities filed for bankruptcy on 9/12/2023. Per the customer, he/she lost over $108,000 because of Mr. Hamlin’s actions. As of this publication date, this claim remains pending.
In December 2023, a FINRA arbitration was filed against or in reference to Thomas Hamlin by a customer of Somerset Securities, Inc. alleging unsuitable recommendation to purchase iCap Equities private placement. iCap Equities filed for bankruptcy on 9/12/2023. Per the customer, he/she lost over $168,000 because of Mr. Hamlin’s actions. As of this publication date, this claim remains pending.
In December 2023, a FINRA arbitration was filed against or in reference to Thomas Hamlin by a customer of Somerset Securities, Inc. alleging unsuitable recommendations to purchase iCap Equity private placement. iCap Equities filed for bankruptcy on 9/12/2023. Per the customer, he/she lost over $504,476 because of Mr. Hamlin’s actions. As of this publication date, this claim remains pending.
In November 2023, a FINRA arbitration was filed against or in reference to Thomas Hamlin by a customer of Somerset Securities, Inc. alleging unsuitable recommendation to purchase iCap Equity private placement. iCap Equity filed for bankruptcy on 9/12/2023. Per the customer, he/she lost over $500,000 because of Mr. Hamlin’s actions. As of this publication date, this claim remains pending.
In October 2023, a FINRA arbitration was filed against or in reference to Thomas Hamlin by a customer of Somerset Securities, Inc. alleging unsuitable recommendation to purchase iCap Equities private placement. iCap Equities filed for bankruptcy on 9/12/2023. Per the customer, he/she lost over $285,000 because of Mr. Hamlin’s actions. As of this publication date, this claim remains pending.
In September 2023, a FINRA arbitration was filed against or in reference to Thomas Hamlin by a customer of Somerset Securities, Inc. alleging unsuitable recommendation to purchase iCap Equities private placement. iCap Equities filed for bankruptcy on 9/12/2023. Per the customer, he/she lost over $355,000 because of Mr. Hamlin’s actions. As of this publication date, this claim remains pending.
In November 2012, Raymond James Financial Services Inc. terminated Thomas Hamlin for failure to disclose outside business activity.
How To File A Claim Against Thomas Hamlin of Somerset Securities, Inc. and Somerset Wealth Management, LLC (previously with Raymond James Financial Services Advisors, Inc. and Raymond James Financial Services, Inc.) To Get Your Money Back
If you have questions about Thomas Hamlin, Somerset Securities, Inc., Somerset Wealth Management, LLC, Raymond James Financial Services Advisors, Inc., Raymond James Financial Services, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.