Advisor Alert: Our Attorneys Are Investigating Michael Young Hamilton For Investment Fraud
Did You Lose Money Because of Mike Hamilton?
Filed: February 15, 2024
Michael Hamilton (also known as Mike Hamilton) currently has one (1) pending regulatory event. Overall, he has been the subject of one (1) customer complaint and one (1) regulatory 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 Michael Young Hamilton.
Who Is Michael Young Hamilton of Centaurus Financial, Inc.?
- Advisor Name: Michael Young Hamilton
- Aliases: Michael Hamilton, Mike Hamilton
- CRD: 2038138
- Location: Fort Myers, Florida
- Current Employer: Centaurus Financial, Inc.
- Previous Firms: JP Turner & Company Capital Management, LLC, JP Turner & Company LLC, and Gunnallen Financial, Inc.
- Number of Known Customer Complaints: 1
- Number of Known Regulatory Events: 1
- Can Michael Hamilton Be Sued: Yes, in Private Arbitration
- Can Michael Hamilton’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $15,000
- Highest Settlement: $5,000
If you have suffered investment losses by Michael Hamilton, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud 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 Mike Hamilton For Broker Misconduct
As of this publication date, Michael Hamilton has been the subject of 1 customer dispute and 1 regulatory event. Let’s review them below.
In August 2023, United States Securities and Exchange Commission initiated a regulatory action against or in reference to Michael Hamilton for potentially recommending investment(s) that were not in his client(s) best interest and as such, may have violated Rule 151-1(a) of the Securities Exchange Act of 1934, known as Regulation Best Interest, by failing to comply with the Care Obligation found in Rule 151-1(a)(2)(ii).
In August 2006, a FINRA arbitration was filed against or in reference to Michael Hamilton by a customer of Raymond James & Associates, Inc. alleging breach of contract, breach of fiduciary responsibility, misrepresentation, negligence, and suitability. The granddaughter of the grantor of the trust, questions the suitability of investments and loss of principal in the account. Per the customer, he/she lost over $15,000 because of Mr. Hamilton’s actions. On March 6, 2007, Mr. Hamilton settled the claim for $5,000, and some or all of this amount may have been paid by Mr. Hamilton’s employer and/or insurance carrier.
How To File A Claim Against Mike Hamilton of Centaurus Financial, Inc. (previously with JP Turner & Company Capital Management, LLC, JP Turner & Company LLC, and Gunnallen Financial, Inc.) To Get Your Money Back
If you have questions about Michael Hamilton, Centaurus Financial, Inc., JP Turner & Company Capital Management, LLC, JP Turner & Company LLC, Gunnallen Financial, 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.