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        <title><![CDATA[Michael Archimede complaints PFS Investments - Israels & Neuman, PLC]]></title>
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                <title><![CDATA[MICHAEL ARCHIMEDE of PFS Investments is BARRED]]></title>
                <link>https://www.israelsneuman.com/blog/michael-archimede-pfs-investments-barred/</link>
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                <dc:creator><![CDATA[Israels & Neuman, PLC]]></dc:creator>
                <pubDate>Mon, 22 Jan 2024 17:10:21 GMT</pubDate>
                
                    <category><![CDATA[Investment Fraud]]></category>
                
                    <category><![CDATA[Israels & Neuman,PLC]]></category>
                
                
                    <category><![CDATA[borrow]]></category>
                
                    <category><![CDATA[FINRA investigation Michael Archimede]]></category>
                
                    <category><![CDATA[investment fraud securities attorney]]></category>
                
                    <category><![CDATA[Michael Archimede complaints PFS Investments]]></category>
                
                    <category><![CDATA[Michael Archimede of Waukesha WI]]></category>
                
                    <category><![CDATA[Primerica]]></category>
                
                
                
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                <description><![CDATA[<p>Michael Archimede Barred from Securities Industry WAUKESHA, WISCONSIN Did you invest with advisor Michael Archimede in Waukesha, Wisconsin? The securities and investment fraud law firm of Israels & Neuman is reviewing allegations against Michael Archimede, who previously worked with PFS Investments (Primerica). In January 2024, he was barred from the securities industry by FINRA. According&hellip;</p>
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<h1 class="wp-block-heading"><strong>Michael Archimede Barred from Securities Industry</strong></h1>


<p>
<strong><em>WAUKESHA, WISCONSIN</em></strong><strong> </strong>Did you invest with advisor Michael Archimede in Waukesha, Wisconsin? The securities and investment fraud law firm of Israels & Neuman is reviewing allegations against Michael Archimede, who previously worked with PFS Investments (Primerica).  In January 2024, he was barred from the securities industry by <strong><a href="http://www.finra.org" rel="noopener noreferrer" target="_blank">FINRA</a></strong>.</p>


<p>According to FINRA’s allegations, he was “permitted to resign” by PFS Investments in late 2023.  He allegedly admitted to <strong><a href="/practice-areas/breach-of-fiduciary/" rel="noopener" target="_blank">borrowing money from a customer</a></strong>.  Generally, financial advisors cannot borrow money from clients, with limited exceptions.</p>


<p>Michael Bob Archimede was registered with PFS Investments from January 2010 to December 2023.  He worked in Waukesha, Wisconsin.  He also was the subject of a customer complaint made in November 2023.</p>


<p>Our investment fraud law firm has recovered millions of dollars for investors in the past from numerous brokerage firms across the country.</p>


<p><strong>FINRA AWC can be found <a href="https://www.finra.org/sites/default/files/fda_documents/2023080714501%20Michael%20Archimede%20CRD%205701306%20AWC%20lp.pdf" rel="noopener noreferrer" target="_blank">HERE</a></strong>
<strong>BrokerCheck Report can be found <a href="https://brokercheck.finra.org/individual/summary/5701306" rel="noopener noreferrer" target="_blank">HERE</a></strong>
</p>


<h2 class="wp-block-heading"><strong>If you lost money with Michael Bob Archimede, or PFS Investments, contact the law firm of <a href="/contact-us/" rel="noopener" target="_blank">ISRAELS & NEUMAN</a> at (206) 795-5798 for a Free evaluation of your case.</strong></h2>


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