DID MICHAEL T PERSINSKI CAUSE YOU INVESTMENT LOSSES?
Michael Persinski Of Merrill Lynch, Pierce, Fenner & Smith Incorporated And Formerly With Citi Private Advisory, LLC, Has A Customer Complaint For Alleged Broker Misconduct
Michael Persinski Customer Complaint
Michael Persinski has been the subject of at least one customer complaint that we know about seeking to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses were for breach of fiduciary duty, negligence, fraud, breach of contract, violation of Regulation BI and negligent supervision related to the alleged failure to provide advice on a concentrated position and alleged recommendation to use a line of credit to further concentrate their assets. The FINRA arbitration proceeding filed against Citigroup Global Markets for the advisor’s alleged misconduct and damages of $56 million is still pending.