Victim of Financial Fraud? Call Now
Home » Broker Blog » Blaine Hamlett Fired from Equitable Advisors

Blaine Hamlett Fired from Equitable Advisors

Blaine Hamlett (CRD #: 6972748) was fired from his firm, according to his BrokerCheck record, accessed on August 13, 2022. Read on if you have questions about his conduct as a broker.

Discharge from Equitable Advisors

On June 22, 2022, Blaine Hamlett was fired from Equitable Advisors after allegedly failing to promptly disclose criminal charges and a reportable financial matter.

Pending Criminal Charges

On April 28, 2022, Blaine Hamlett was charged with forgery and unauthorized use of an access device in Pennsylvania. (A debit card is an example of an access device.) These charges are currently pending. 

Forgery and unauthorized use of an access device charges could be statutory disqualifications, meaning he would no longer be qualified to register as a broker. 

FINRA Rule 2010

FINRA Rule 2010 requires brokers to uphold high standards of commercial honor and just and equitable principles of trade.

Civil Lien

In 2011, Blaine Hamlett was the subject of a $12,577.21 civil lien.

Background Information

Blaine Hamlett has passed the following exams:

  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

He previously worked for Equitable Advisors (CRD#:6627).

Kurta Law Can Help

If you worked with Blaine Hamlett and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

 

Recent Results

$16.75M

Million

Recovery for ARC NYC REIT Investors
Learn More
Kurta Law recovered millions of dollars for investors who purchased the speculative and unsuitable ARC NYC REIT. The arbitration settled for substantially more than the investor losses.

Recent Results

$9.3M

Million

Investors Receive Award for More than their Losses
Learn More
Jonathan Kurta was able to recover over $9.3 million for a group of defrauded investors. The claims were based upon the brokerage firm’s failure to supervise a stockbroker who stole client funds and then prepared and disseminated fake account statements for decades.

Recent Results

$7.1M

Million

Elderly Victims Recover After a Decade of Fraud
Learn More
Jonathan Kurta represented a group of elderly women who were the victims of a financial crime perpetrated by a rogue broker. The broker utilized forged documents to steal funds from the clients’ accounts over a decade.

Recent Results

$4.2M

Million

Investor vs. Royal Alliance
Learn More
Jonathan Kurta represented an investor who alleged that Royal Alliance Associates had not fulfilled their supervisory duties. This allegedly allowed brokers to engage in conversion and RICO violations. Read a copy of the award here.

Recent Results

$1M

Million

Utah Firm Executed Unnecessary Transaction
Learn More
A FINRA panel sided with Kurta Law and found that a Utah brokerage firm executed unnecessary transactions in order to generate more commissions. Read a copy of the award here.

Recent Results

$2M

Million

Arizona Investors Options Trading Scam
Learn More
Kurta Law negotiated a $2 million settlement on behalf of Arizona investors who were defrauded in an options trading scam.

Categories