John Cimino is the Subject of a Six-Figure Investor Dispute

John Cimino (CRD #: 4757028), a broker registered with American Global Wealth Management, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on December 7, 2023. Keep reading if you have questions about his alleged conduct. 

On September 13, 2023, a beneficiary alleged that John Cimino made unsuitable investments with their mother’s Wells Fargo accounts. The investor is seeking $648,745. 

FINRA Rule 2111 – Unsuitable Investments 

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s age, risk tolerance, tax status, investing experience, and financial goals. Investments that do not take these factors into account may be unsuitable. This rule also prohibits overconcentration, as placing too much of a portfolio in a single sector exposes the investor to unnecessary risk. 

Background Information 

John Cimino has passed the following exams: 

• Series 66 Uniform Combined State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination 
• Series 6 Investment Company Products/ Variable Contracts Representative Examination

He is a registered investment adviser and broker in Florida. 

John Cimino has registered with the following firms: 

• American Global Wealth Management (CRD #: 7388) 
• Imprint Wealth (CRD #: 3222130) 
• Laidlaw Wealth Management (CRD #: 150040) 
• Laidlaw & Company (UK) LTD. (CRD #: 119037) 
• Wells Fargo Advisors Financial Network (CRD #: 11025) 
• Morgan Keegan & Company (CRD #: 4161) 
• Northwestern Mutual Investment Services (CRD #: 2881) 

Kurta Law Can Help 

If you have worked with John Cimino and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that 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. Do not let securities fraud go unchecked. Start your recovery process today.