Stephen Carey Hamilton of New York, New York, a stockbroker currently registered with Laidlaw & Company (UK) Ltd., is the subject of a customer initiated investment related arbitration claim, in which the customer sought $21,704.00 in damages based upon allegations that Hamilton made misrepresentations to the customer and failed to execute the customer’s investment orders in July of 2017 concerning an over-the-counter equity. Financial Industry Regulatory Authority (FINRA) Arbitration No. 17-02186 (Aug. 25, 2017).
FINRA Public Disclosure confirms that Hamilton has been referenced in five more customer initiated investment related disputes containing accusations of his misconduct while employed with PaineWebber Incorporated and Ladenburg Thalmann & Co. Inc. Specifically, on September 22, 1999, a customer initiated investment related written complaint regarding Hamilton’s activities was resolved for $94,000.00 in damages supported by allegations of the failure to execute the customer’s options order.
Then, a customer initiated investment related arbitration claim involving Hamilton’s conduct was settled for $890,000.00 in damages founded on accusations of breach of fiduciary duty, misrepresentation, unsuitability, and churning. New York Stock Exchange (NYSE) Arbitration No. 99-009817 (Mar. 23, 2000). The customer additionally alleged that Ladenburg, Thalmann & Co. Inc. failed to supervise Hamilton’s activities.
Moreover, on November 2, 2000, a customer filed an investment related written complaint regarding Hamilton’s activities, where the customer requested $59,000.00 in damages based upon allegations that Hamilton executed unauthorized over-the-counter equity transactions in the customer’s account. Subsequently, on December 17, 2003, a customer filed an investment related written complaint pertaining to Hamilton’s activities, wherein the customer sought $9,689.31 in damages supported by accusations of unauthorized margin use and misrepresentation relating to over-the-counter equities transactions.
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