Kevin F. Hamilton Accused of Defrauding Three Investors

New Orleans investment fraud attorneyKevin F. Hamilton, an investment professional in Philadelphia, PA, was charged with converting and/or misusing approximately $522,000 of investor funds as well as making fraudulent misrepresentation and omissions of material facts to investors, as per a FINRA report.

The Peiffer Rosca law firm’s securities practice attorneys Alan Rosca and Joe Peiffer are investigating the matter on behalf of investors.

Kevin F. Hamilton Is a Financial Industry Veteran

Hamilton has been a part of the securities industry since January 1983, when he became registered as a General Securities Representative with FINRA-registered firm, Philadelphia Brokerage Corporation, as specified in a FINRA report. In February of 2001, Hamilton became registered as a General Securities Principal and owner of Philadelphia Brokerage Corporation. Hamilton does not have any previous disciplinary history with investment fraud allegations.

Hamilton Allegedly Defrauds Investors

In 2002, Hamilton formed 1041 Partners L.P., a limited partnership marketed by him as an “investment fund,” as stated in a FINRA report. Despite 1041‘s revenue lack and questionable asset value, Hamilton allegedly solicited investments in 1041 by describing it as a “special opportunity” for investors. Hamilton gave prospective investors with a Private Placement Memorandum, informing them their funds would be utilized to actively trade securities, and a PowerPoint describing 1041 as an “Event Driven” private investment fund that presented a “special opportunity.” These resources did not describe 1041‘s assets or financial condition, also failing to state that it had no income or revenues.

Between December 2010 and July 2013, three investors invested $591,000 in 1041 through Hamilton, as per a FINRA report. Hamilton in turn supposedly used these funds to personal uses and expenses such as the payment of his daughter’s wedding and college tuition for his children. He also misused part of the funds to redeem the partnership units of three previous investors in 1041.

Hamilton also allegedly distorted and excluded material facts regarding the sale of 1041 securities to at least three investors, as specified in a FINRA report. Among other things, he did not reveal that he would utilize funds for personal uses, that 1041 did not have any revenues or income, and that 1041‘s two assets had not been professionally appraised or valued by a third party. All of these supposed actions violated FINRA rules, as per a FINRA report

Investor Right Attorneys Investigating Hamilton’s Misconduct

The Peiffer Rosca attorneys often represent investors who lose money as a result of Ponzi schemes, investment fraud, or stockbroker misconduct. They are currently investigating the possibility of assisting investors with the recovery of any losses they may have suffered in connection with Kevin F. Hamilton. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of investment fraud or misconduct may contact the securities lawyers at Peiffer Rosca, Alan Rosca or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 888-998-0520.

Broker: Kevin F. Hamilton

Status: INVESTIGATED by Peiffer Rosca.

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Alan Rosca (1168 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.