Last Updated: July 2025 – Los Angeles, CA
Here’s what you need to know about Los Angeles, CA, stockbroker Michael Frederick Ginestro:
- Name: Michael Frederick Ginestro
- CRD Number: 2468911
- Current Employer:Merrill Lynch, Pierce, Fenner & Smith Incorporated
- Function: Stockbroker / Financial Advisor
- Alias: Mike Ginestro
- Primary Location: Los Angeles, CA
- Prior Employers: MML Investors Services, Charles Schwab & Co., Inc., UBOC Investment Services, Dean Witter Reynolds, Oppenheimer & Co.
- Can Michael Ginestro be sued in FINRA arbitration? Yes
- Sanctioned by FINRA or other regulators? No
- Pending Customer Dispute Seeks Damages of:$2,400,000
If you’ve sustained damages from Mr. Ginestro, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Mike Ginestro As Your Stockbroker?
Michael Ginestro is the subject of a pending FINRA arbitration case (Case No. 25-00996) filed in May 2025. The complaint alleges that Ginestro made unsuitable recommendations, misrepresentations, omissions of material facts and failed to act in the best interest of the customer from 2019 to 2023. Damages of $2.4 million are sought in this currently pending matter.
The dispute centers on the purchase and handling of municipal debt securities, which are typically recommended for their tax advantages and relative stability.
Allegations of Broker Misconduct Against Mike Ginestro
- Unsuitable investment strategy
- Misrepresentation and omission of material facts
- Failure to act in the client’s best interest
- Unsuitable investment recommendations inmunicipal bond products
- Misrepresentation and omissionof key investment information
FINRA Rule 2111- suitability -Regulation Best Interest
Recover Your Investment Losses Now With Rex Securities Law
See this for our prior investigations of Merrill Lynch brokers.
Investigation of Merrill Lynch broker Reza Zafari
If you have suffered investment losses in an account handled by Michael Frederick Ginestro, 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.