William Andrew Wimberly (William Wimberly) – Financial Advisor/Broker William Wimberly Suspended from Securities Industry | Goodman & Nekvasil, P.A. May Recover Investor Losses
William Andrew Wimberly (William Wimberly) CRD #1157038
William Wimberly was a previously licensed financial advisor/broker with LPL Financial LLC. According to FINRA, William Wimberly was fined $5,000 and suspended from the securities industry for three months in April 2020.
According to FINRA Allegations:
William Wimberly consented to the sanctions and to the entry of findings that he engaged in an outside business activity without providing prior written noticed to his member firm. The findings stated that William Wimberly and a friend created a limited liability company (LLC) to invest in a technology company. Wimberly served as an officer and director of the LLC and contributed $50,000 to it. The findings also stated that William Wimberly participated in private securities transactions through the LLC without providing prior written notice to the firm when the LLC purchased a convertible promissory note from the technology company. Later, William Wimberly contributed an additional $20,000 to the LLC and thereafter purchased additional shares of the technology company on behalf of the LLC. In addition, William Wimberly signed and submitted to the firm annual compliance questionnaires in which he failed to disclose the LLC and the transactions.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost money on investments with William Wimberly and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning William Wimberly’ conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with William Wimberly and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
Some of the information in this blog post was obtained on 4/30/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.
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