Investors apparently complained about securities broker Jeffery Alan Wimer (also known as Jeffrey Alan Wimer) [CRD: 2985293, Fort Lee, New Jersey], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Wimer worked for Citigroup Global Markets Inc. from March 13, 2012, to March 21, 2024. Investors should review the information below to discover more about Wimer’s disclosures.
Citigroup Investor Accused Wimer Of Breach Of Fiduciary Duty, Negligence
Evidently, a Citigroup client filed FINRA Arbitration No. 24-00899 about Jeffrey Wimer. Primarily, the client alleged that Wimer engaged in unauthorized trading in structured products and was negligent, breached his fiduciary duty, violated state securities laws, and violated federal securities laws. For this reason, the client allegedly sustained damages associated with derivatives. As a result, on May 22, 2025, Citigroup settled this matter by paying the client $75,000 in damages.
Jeffrey Wimer Disclosed Omissions Allegations By E*TRADE Client
Specifically, a client of E*TRADE contested Jeffrey Wimer’s sales practices, according to a complaint dated October 23, 2008. Allegedly, Wimer made omissions regarding the purchase of revenue bonds. It appears that Wimer allegedly caused the client to sustain damages. Therefore, the client sought compensation from E*TRADE or Wimer in the amount of more than $5,000 in this matter. However, the firm denied this complaint.
Were You Impacted By Financial Advisor / Securities Broker Wimer?
Did you experience losses because of Jeffrey Alan Wimer? Get in touch with Soreide Law Group online or at (888) 760-6552 and speak with a securities lawyer concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for clients throughout the country. Also, our securities lawyers work on a contingency fee basis and advance all costs. Wimer and brokerage firms Wimer worked for deny allegations of sales practice violations.
