PFS Investments Inc.

Broker Scott Dutton in PFS Investments INC. Firm Has Customer Complaint

June 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Scott Dutton (Dutton), currently associated with PFS Investments INC., has at least one disclosable event. These events include one customer complaint, alleging that Dutton recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $6,000.00 on November 14, 2023.

The customer alleged that market risks and volatility were not adequately disclosed and recommendations were not suited to a short-term time horizon.

Broker Maneesh Gupta in PFS Investments INC. Firm Has Customer Complaint

June 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Maneesh Gupta (Gupta), previously associated with PFS Investments INC., has at least one disclosable event. These events include one customer complaint, alleging that Gupta recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $17,869.55 on February 26, 2024.

Customer alleged I misrepresented the features of his fixed annuity contracts.

Broker Jeffrey Feldhusen in PFS Investments INC. Firm Has Customer Complaint

June 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Feldhusen (Feldhusen), currently associated with PFS Investments INC., has at least one disclosable event. These events include one customer complaint, alleging that Feldhusen recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on January 04, 2024.

Customers alleged that they were not aware of the contract fees and were concerned about the market losses and performance of the contracts.

There are Recent Customer Complaints with Broker Juan Barrios in Firm PFS Investments INC.

May 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Juan Barrios (Barrios), currently associated with PFS Investments INC., has at least one disclosable event. These events include one customer complaint, alleging that Barrios recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on March 20, 2025.

Client alleged I misrepresented the features of her variable annuity contract.

Broker Michael Wroten in PFS Investments INC. Firm Has Customer Complaint

May 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Wroten (Wroten), currently associated with PFS Investments INC., has at least one disclosable event. These events include one customer complaint, alleging that Wroten recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $18,018.87 on March 18, 2025.

Customer alleges trade instructions were not timely submitted, resulting in decreased account value due to market fluctuation.

Broker Kevin Hobbs in PFS Investments INC. Firm Has Customer Complaint

May 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin Hobbs (Hobbs), previously associated with PFS Investments INC., has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Hobbs recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on April 10, 2024.

Respondent Hobbs failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.

Broker Brian Nelson in PFS Investments INC. Firm Has Customer Complaint

April 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Nelson (Nelson), currently associated with PFS Investments INC., has at least one disclosable event. These events include one customer complaint, alleging that Nelson recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on June 14, 2024.

The customer alleged that the RR added his own bank account to and withdrew funds from the customer’s mutual fund account without the customer’s knowledge/consent.

Broker Michael Archimede in PFS Investments INC. Firm Has Customer Complaint

April 27, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Archimede (Archimede), previously associated with PFS Investments INC., has at least 3 disclosable events. These events include 2 customer complaints, one regulatory event, alleging that Archimede recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $173,000.00 on June 20, 2024.

Michael archimede allegedly borrowed money from [redacted] on or around December 12, 2023.

There are Recent Customer Complaints with Broker Janete Rivera Michel in Firm PFS Investments INC.

April 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Janete Rivera Michel (Rivera Michel), currently associated with PFS Investments INC., has at least one disclosable event. These events include one customer complaint, alleging that Rivera Michel recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,900,000.00 on August 23, 2024.

Claimant alleges that the investment recommendation made in 2015 was unsuitable because it underperformed the market and seeks well managed portfolio damages.

Broker Charles Riccomini in PFS Investments Inc. Firm Has Customer Complaint

April 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Charles Riccomini (Riccomini), previously associated with PFS Investments Inc., has at least one disclosable event. These events include one regulatory event, alleging that Riccomini recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on August 06, 2024.

Without admitting or denying the findings, Riccomini consented to the sanctions and to the entry of findings that he engaged in an OBA without providing prior written notice to his member firm. The findings stated that Riccomini worked as a marketing affiliate for a company that was owned and operated by three other firm registered representatives. In his capacity as a marketing affiliate, Riccomini referred potential customers to the company and received a commission if the customers purchased e-commerce storefront services or digital real estate. In total, Riccomini received $45,040 in commissions for successfully referring multiple customers, including at least one firm customer.