Linda Jill Wimsatt (CRD#1401802) and AMERICAN TRUST INVESTMENT SERVICES, INC.

The Securities Lawyers at Halling & Cayo, S.C. are looking into potential claims against Linda Jill Wimsatt (CRD#1401802) regarding allegations made regarding the following:

Claim(s) Made Against Linda Jill Wimsatt:

Claim Date: 1/29/2024

“Breach of Fiduciary Duty, Negligence, Breach of Contract, Failure to Supervise, Violation of Best Interest,”

This claim, as of this posting, is currently Pending with a claim amount of $5,000.00 .

Claim Date: 11/1/2023

“Failure to conduct reasonable due diligence, misrepresentation and overconcentration.”

This claim, as of this posting, is currently Pending with a claim amount of $625,000.00 .

Claim Date: 9/21/2023

“Breach of Fiduciary Duty, Negligence, Negligent Misrepresentation, Breach of Contract, Failure to Supervise, and Violation of Reg BI”

This claim, as of this posting, is currently Pending with a claim amount of $40,000.00 .

Claim Date: 6/15/2023

“Breach of fiduciary duty, negligence, Breach of Contract, Failure to supervise, and Negligence – Violation of Regulation Best Interest.”

This claim, as of this posting, is currently Pending with a claim amount of $150,000.00 .

Claim Date: 6/28/2023

“Breach of Fiduciary Duty, Negligence, Negligent Misrepresentation, Breach of Contract, Failure to Supervise, and Violation of Reg BI”

This claim, as of this posting, is currently Pending with a claim amount of $30,000.00 .

Claim Date: 1/18/2023

“Wimsatt, recommended that [REDACTED] invest in a high-risk, high-commission, unsuitable and illiquid alternative investment, namely GWG.”

This claim is currently Pending with a claim amount of $25,000.00 .

Claim Date: 10/12/2022

“Wimsatt, recommended that [REDACTED] invest in a high-risk, high-commission, unsuitable and illiquid alternative investment, namely GWG.”

This claim is currently Pending with a claim amount of $25,000.00 .

Claim Date: 10/4/2022

“Complaint alleges Wimsatt misrepresented GWG L Bonds/unsuitable.”

This claim is currently Pending with a claim amount of $100,001.00 .

As of 10/10/2023, this claim status is Settled.

See more information on FINRA’s BrokerCheck site for Linda Jill Wimsatt.

Have an issue with Linda Jill Wimsatt?

If you were a customer of Linda Jill Wimsatt and AMERICAN TRUST INVESTMENT SERVICES, INC. from Carlsbad, CA and had a similar issue or experience, we are interested in discussing a potential claim with you. Brokerage firms have a responsibility to supervise all representatives who are registered through their firm. (See our video “Warning signs of a bad financial advisor”). Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. The brokerage firm is not only legally responsible for the acts of its agents, like Linda Jill Wimsatt, the broker dealer may also be liable for investment losses sustained by customers for a failure to supervise. The Securities Lawyers at Halling & Cayo, S.C. have recovered millions of dollars for investors across the country.

The Securities Lawyers have recovered millions of dollars for investors across the country and are currently investigating the possibility of bringing claims on behalf of individual or group investors who have suffered losses. If you were a customer of Linda Jill Wimsatt and AMERICAN TRUST INVESTMENT SERVICES, INC. and experienced investment losses, please contact the Securities Lawyers. We only receive payment if we are able to recover your money, and you may be eligible for financial compensation. It is important to note that there may be time limits or statutes of limitations that apply to your claim, so it is crucial to speak with an attorney as soon as possible.


Contact The Securities Lawyers

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Sean M. Sweeney is a shareholder at Halling and Cayo, a full service law firm in Milwaukee, WI and the head of its Securities Litigation team.

He represents individual and institutional investors in FINRA arbitration and court nationwide. He recovers investment losses from fraud or breach of duty from their broker-dealer.

Contact him at (414) 755-5020 or via e-mail at SMS@hallingcayo.com to see if he can help recover your funds.