Securities Lawyers Blog
The attorneys at Gana Weinstein LLP are investigating BrokerCheck records reports that Broker Jeffery Wimer (Wimer), previously employed by Citigroup Global Markets INC. has been subject to at least one disclosable event. These events include one customer complaint. According to records kept by The Financial Industry Regulatory Authority (FINRA), Wimer’s most recent customer complaint alleges that Wimer recommended unsuitable investments in structured products and makes allegations concerning misconduct relating to the handling of the customer’s accounts.
FINRA BrokerCheck shows a pending customer complaint on April 24, 2024.
Claimant alleges that Jeffrey Wimer, a former Financial Advisor, conducted unauthorized trades in structured products in claimant’s non-discretionary account, resulting in unspecified losses. Claimant had previously claimed in separate correspondence that the alleged unauthorized trades occurred from November 2023 through January 2024 and resulted in $250,000 in losses. Claimant’s complaint alleges the following causes of action: negligence, violation of the Florida Securities and Investor Protection Act, breach of common law fiduciary duty, and breach of the Investment Advisors Act of 1940.