Thomas Burgess Hamlin of Portland, Oregon, a stockbroker registered with Somerset Securities Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $108,000.00 in damages based upon allegations that Hamlin made unsuitable investment recommendations of iCap Equities private placements when Hamlin was associated with Somerset Securities Inc. FINRA Arbitration No. 24-00193 (January 29, 2024).
FINRA Public Disclosure shows that Hamlin is referenced in five other customer initiated investment related disputes concerning Hamlin’s conduct while associated with securities broker dealers. On September 21, 2023, a customer filed an investment related FINRA securities arbitration claim involving Hamlin’s conduct in which the customer requested $355,000.00 in damages based upon allegations that Hamlin made unsuitable investment recommendations of private placements during the time that Hamlin was associated with Somerset Securities Inc. FINRA Arbitration No. 23-02565.
On October 9, 2023, a different customer filed an investment related FINRA securities arbitration claim involving Hamlin’s conduct in which the customer requested $285,000.00 in damages based upon alleged unsuitable advice by Hamlin. FINRA Arbitration No. 23-02782.
Hamlin is also referenced in a securities arbitration claim in which the customer requested $500,000.00 in damages based upon allegations that Hamlin recommended unsuitable alternative investments to the customer. FINRA Arbitration No. 23-03379 (November 27, 2023).
On December 5, 2023, an additional customer filed a securities arbitration claim involving Hamlin’s conduct in which the customer requested $504,476.00 in damages based upon allegations that Hamlin provided unsuitable advice to the customer about private placements. FINRA Arbitration No. 23-03441.
Hamlin is also referenced in a securities arbitration claim in which the customer requested $168,000.00 in damages based upon allegations that Hamlin made unsuitable recommendations in private placements when Hamlin was associated with Somerset Securities Inc. FINRA Arbitration No. 23-03533 (December 14, 2023).
Hamlin has been associated with Somerset Securities Inc. in Portland, Oregon since March 11, 2013, as a stockbroker, and with Somerset Wealth Management LLC in Portland, Oregon since May 14, 2014, as an investment advisor representative.
