Advisor Alert: Our Attorneys Are Investigating Mike T Persinski For Investment Fraud

Did You Lose Money Because of Mike Persinski?

Filed: February 15, 2024

Mike Persinski (also known as Michael Thomas Persinski) currently has one (1) pending customer complaint. Overall, he has been the subject of one (1) customer complaint. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Mike T Persinski.

Who Is Mike T Persinski of Merrill Lynch, Pierce, Fenner & Smith Incorporated?

  • Advisor Name: Mike T Persinski
  • Aliases: Michael Thomas Persinski, Mike Persinski
  • CRD: 1478332
  • Location: Coral Gables, Florida
  • Current Employer: Merrill Lynch, Pierce, Fenner & Smith Incorporated
  • Previous Firms: Citi Private Advisory, LLC and Citigroup Global Markets Inc.
  • Number of Known Customer Complaints: 1
  • Can Mike Persinski Be Sued: Yes, in Private Arbitration
  • Can Mike Persinski’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
  • Highest Damages Allegation: $56,000,000
  • Highest Settlement: Unknown

If you have suffered investment losses by Mike Persinski, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a breach of fiduciary duty lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.

Customer Complaints Filed Against Mike Persinski For Broker Misconduct

As of this publication date, Mike Persinski has been the subject of 1 customer dispute. Let’s review it below.

In August 2023, a complaint was filed against or in reference to Mike Persinski by a customer of Citigroup Global Markets Inc. alleging breach of fiduciary duty, negligence, fraud, breach of contract, third party beneficiary breach of contract, violation of Regulation BI, and negligent supervision related to alleged failure to provide advice on a concentrated position and alleged recommendation to use a line of credit to further concentrate their assets. Per the customer, he/she lost over $56,000,000 because of Mr. Persinski’s actions. As of this publication date, this claim remains pending.

How To File A Claim Against Mike Persinski of Merrill Lynch, Pierce, Fenner & Smith Incorporated (previously with Citi Private Advisory, LLC and Citigroup Global Markets Inc.) To Get Your Money Back

If you have questions about Mike Persinski, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citi Private Advisory, LLC, Citigroup Global Markets Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.