(PRWEB) February 13, 2014
Thomas Hampton and Hampton Capital Markets are being investigated by the securities lawyers at the Peiffer Rosca law firm as a result of the investment fraud program perpetrated by Hampton.
Hampton was charged with commodities fraud in connection with an investment scheme that raised millions of dollars from scores of investors nationwide, in the case of USA v. Hampton, case no. 1:12-cr-00301, in the Southern District of New York.
In court documents filed in his case, Hampton was accused of making risky investments and misrepresenting to his investors the vast losses he incurred while investing their money.
Investigation by the Peiffer Rosca securities lawyers is focused on the role played by certain promoters, one from Texas and one from Arizona, in recruiting investors to the Hampton Capital Markets pool.
Hampton allegedly put his investors’ money into 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 allegedly lost almost every dollar of the investors’ money.
Not only did Hampton fail to disclose the losses to investors, he informed investors that their investments were making money, according to allegations in court documents filed in the above case. Hampton allegedly provided false, monthly statements to investors that showed Hampton Capital was earning a profit. The statements gave investors a false sense of security, according to the allegations. Hampton pled guilty to the commodities fraud charges in the above case.
The Peiffer Rosca securities lawyers, Alan Rosca and Joe Peiffer, are investigating this matter on behalf of Hampton investors. They often represent investors nationwide who lose money as a result of broker misconduct or fraud. They take most cases of this type on a contingency fee basis, advancing the case costs themselves and recovering their fees and costs only from amounts recovered on behalf of the investors.
Hampton investors may contact attorneys Alan Rosca or Joe Peiffer toll free at 888-998-0520 for a free, no-obligation evaluation of their legal options. To learn more about their practice visit http://www.securitieslitigators.com.
Attorney advertising. Visit http://www.securitieslitigators.com for important disclosures about the attorneys' admissions to practice and the Peiffer Rosca law firm.