11 Feb Thomas Hampton, Hampton Capital Markets Investigated by Securities Lawyers
Thomas L. Hampton, a Scottsdale, Arizona investment professional, pled guilty to commodities fraud in connection with an investment scheme that defrauded investors out of millions of dollars between September, 2010 and September, 2011.
Hampton managed Hampton Capital Markets (HCM). HCM held over $4 million of investors’ money in highly volatile, leveraged investments known as E-minis. E-Minis are electronically traded futures contracts that correspond to a percentage of a standard futures contract.
Hampton invested in the E-mini S&P 500 and E-mini Dow futures contracts, among others. Hampton reportedly lost almost every dollar of his investors’ money.
While losing investors’ money by the millions, Hampton failed to disclose to the actual or prospective investors that he was incurring trading losses. He allegedly made false statements to investors that the investments were profitable. Due to these false statements, investors did not seek to withdraw their investments.
The securities lawyers at the Peiffer Wolf law firms are preparing to take action on behalf of victims of the Hampton scheme. They often represent investors who suffered losses as a result of stockbroker misconduct or fraud, including sales of unsuitable E-mini stock index futures.
They take most cases of this type on a contingency fee basis with no money down, advance all case expenses, and only get paid for their fees and case costs from any amounts recovered for their clients.
Hampton investors may contact securities attorneys Jason Kane or Joe Peiffer for a free, no-obligation evaluation of their legal options at 585-310-5140 or by using the contact form on this blog.
