Last Updated: April 2025 | New York, NY
Michael Gimeli Investigation Summary
Here’s what you need to know about New York, NY, stockbroker Michael R. Gimeli:
- Name: Michael Raymond Gimeli
- Current Employer: Aegis Capital Corp.
- Function: Stockbroker / Financial Advisor
- CRD Number: 2197242
- Primary Location: New York, NY
- Can Michael Gimeli be sued in FINRA arbitration? Yes
- Sanctioned by FINRA? No
- Past Customer Settlements: $100,000
If you’ve sustained damages from Mr. Gimeli, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Michael Gimeli As Your Stockbroker?
Gimeli was the subject of a FINRA arbitration case (13-02497) involving allegations of excessive trading, excessive markups, no downside protection and fraud. The case, brought by a customer of former employer First Midwest Securities, was settled for $100,000 in February 2016.
Allegations of Broker Misconduct Against Michael Gimeli
Customers of Michael Gimeli have made the following allegations in connection with his handling of brokerage accounts:
- Unauthorized Trading
- Excessive Trading and Markups (Churning)
- Misrepresentation and Fraud
Recover Your Investment Losses Now With Rex Securities Law
See this for information on other investigations of Aegis Capital brokers.
If you have suffered investment losses in an account handled by Michael R. Gimeli, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.