DID JEFFREY ALAN WIMER CAUSE YOU INVESTMENT LOSSES?
Jeffrey Wimer Formerly With Citigroup Global Markets Inc. Has 2 Customer Complaints For Alleged Broker Misconduct.
About Jeffrey Wimer formerly with Citigroup Global Markets Inc.?
Jeffrey Wimer (CRD #2985293) , located in Fort Lee, New Jersey, is a former securities broker with over 25 years of industry experience. Wimer’s employment history includes his role as an Investment Advisor with Citigroup Global Markets Inc. and his recent activity as an Investment Adviser Representative with Wimer Investment Management LLC. He was registered with several firms including Citigroup Global Markets Inc. (2012–2024), E*Trade Securities LLC (2007–2012), and TD Ameritrade Inc. (1999–2007). Over his career, he passed eight industry examinations, including three principal/supervisory exams, two general industry/product exams, and three multi-state securities law exams. His most recent registration ended in March 2024 following his tenure with Citigroup. He is no longer actively registered as a broker.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Jeffrey Wimer Customer Complaints and Reviews
Wimer’s record includes two disclosure events involving customer disputes:
- Customer Dispute 1 (2008):
- Firm: E*TRADE Securities LLC
- Complaint: The customer claimed insufficient information was provided about the purchase of revenue bonds.
- Alleged Damages: Over $5,000 (unspecified)
- Status: The dispute was denied.
- Customer Dispute 2 (2024):
- Firm: Citigroup Global Markets Inc.
- Complaint: Claims of unauthorized trades in structured products in a non-discretionary account resulting in $250,000 in alleged losses.
- Alleged Damages: Unspecified
- Status: currently pending under FINRA arbitration #24-00899).
Allegations Against Jeffrey Wimer
- Dispute 2024 – Unauthorized Trades (2023–2024):
- Allegations that unauthorized transactions in structured products caused significant financial losses ($250,000). The client cited breaches of fiduciary duty and violations of the Investment Advisors Act of 1940. This case is under FINRA arbitration.
- Dispute 2008: Lack of Transparency in Bond Purchase (2008):
- The customer alleged insufficient details were provided about revenue bond purchases. This dispute was dismissed with no action taken.
Jeffrey Wimer Red Flags & Your Rights As An Investor
Of course, Jeffrey Wimer did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Jeffrey Wimer at Citigroup Global Markets Inc. on alert to review carefully the activity and performance of their accounts and question whether Jeffrey Wimer has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Citigroup Global Markets Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Citigroup Global Markets Inc. Due To Jeffrey Wimer
If you have questions about Citigroup Global Markets Inc. and/or Jeffrey Wimer and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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