Michael Gisonda May Have Recommended Unsuitable Investments in Variable Annuity

Michael Gisonda

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on May 3, 2018 indicate that Florida-based NYLife Securities broker/adviser Michael Gisonda has received a customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Gisonda (CRD# 2730740).

Michael Gisonda has spent 20 years in the securities industry and has been registered with NYLife Securities in Boca Raton, Florida since 2000. Previous registrations include Argus Securities in Hallandale, Florida (2000); First Colonial Securities Group in Boca Raton, Florida (1998-1999); WJ Nolan & Company in New York, New York (1998); EC Capital in Mineola, New York (1997-1998); the Hamilton-Shea Group in Pompano Beach, Florida (1997); Josephthal Lyon & Ross in New York, New York (1997); the Boston Group in Los Angeles, California (1996-1997); Robert M. Cohen & Company in Great Neck, New York (1996); and Royce Investment Group in Woodbury, New York (1996). He has passed three securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on October 29, 2001; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on April 24, 1996; and Series 7 (General Securities Representative Examination), which he obtained on April 18, 1996. He is a registered broker and investment adviser with 20 US states and territories: Alabama, Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Minnesota, Nevada, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, South Carolina, Tennessee, Texas, and Washington.

According to his BrokerCheck report, he has received one customer complaint.

In May 2017 a customer alleged Michael Gisonda, while employed at NYLife Securities, recommended unsuitable investments in mutual fund, variable annuity, and other products. The complaint settled in January 2018 for $630,000.

If you or someone you know has complaints regarding Michael Gisonda, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on a contingency basis: we only receive payment if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.

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