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Son of Jack Pierce and Midge Cullens. Tommy "Peach" Cullens, Midge's brother, tried to force Jack into working for his family. Jack refused and joined the Navy becoming a Navy S.E.A.L.. When he returned he fell in love with another woman, and was then killed by Midge and Peach. Jimmy Pierce would only find this out later on in life.
Peach tried to force Jimmy into becoming the new Punisher when Frank Castle was believed to be dead. Peach wanted to other crime familes to think the Punisher was working for them. To force him to do it, he told him that they had his mother hostage. His costume was exactly like Frank Castle's except that he also wore a mask with a skull on it.
The Cullens would send him after rival crime families, but Jimmy would soon turn on them. Jimmy and his sister Lori found out that their mother and uncle had actually killed their father.
Eventually Jimmy found Frank Castle, the real Punisher, but they were ambushed by the Cullens. During the shoot out, Jimmy went to confront his mother (Midge) and uncle (Peach). He wanted them to call off this war, and put an end to the blood shed. They agreed, but Lori wouldn't except this. She shot both of them and called out to the Punisher that Jimmy had killed them. Jimmy fled into the night. His wereabouts are currently unknown.
He uses a pair of colt M1911 pistols.