Soreide Law Group is investigating potential investor claims of sales practice violations possibly committed by securities broker John D. Cimino [CRD: 4757028, Naples, Florida], given the disclosures on FINRA BrokerCheck. Evidently, Cimino joined American Global Wealth Management Inc. on September 11, 2023, and Imprint Wealth LLC on July 17, 2023, in Naples, Florida. Before then, he worked for Wells Fargo Advisors Financial Network LLC from 2009 to 2022. Continue reading to learn more about John Cimino's disclosures.
Specifically, on September 13, 2023, a Wells Fargo Advisors Financial Network LLC client filed FINRA Arbitration: 23-02456 about John Cimino. Namely, Cimino is accused of unsuitable trading with regard to her Wells Fargo accounts. Because of this, the investor apparently incurred damages on variable annuities. For this reason, the client requested $648,745 in compensation from Wells Fargo Advisors Financial Network LLC or Cimino. It appears that this arbitration is pending a resolution.
Particularly, a client of Morgan Keegan Company Inc. contested John Cimino's sales practices, according to a complaint dated March 24, 2009. Allegedly, Cimino made misrepresentations with regard to the investment of a trust account. It appears that Cimino allegedly caused the client to sustain damages on mutual funds. As a result, the client sought compensatory relief from Morgan Keegan Company Inc. or Cimino in the amount of $27,054 in this matter. However, this matter closed without further action taken by the client.
Did you experience losses because of John Cimino? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk to a securities lawyer about a possible recovery of your investment losses. Soreide Law Group has assisted hundreds of clients throughout the country, works on a contingency fee basis, and advances all costs. Cimino and brokerage firms he worked for deny accusations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
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