Halling & Cayo, S.C. is evaluating legal claims involving this financial advisor's conduct. We encourage customers who believe they may have a cause of action related to these investment recommendations to reach out to our securities lawyers.
If a customer makes a complaint regarding a broker, it must be reported to the appropriate regulatory bodies, ensuring that a record of the dispute is available to the public.
Claim(s) Made Against Michael Archimede:
Claim Date: 8/4/2026
“Customers allege representative sold securities not offered by the firm”
This claim, as of this posting, is currently Pending with a claim amount of $2,230,000.00 .
Claim Date: 4/28/2025
“Michael Archimede allegedly borrowed money from [REDACTED] in November and December, 2023.”
This claim, as of this posting, is currently Settled with a claim amount of $80,000.00 .
The investor was paid $60,000.00 by the brokers’ firm.