Soreide Law Group is currently conducting an investigation on behalf of investors who have suffered financial losses involving securities broker James Thaddeus Walesa (also known as Jim Walesa) [CRD#: 1061209, Park Ridge, Illinois]. Evidently, Walesa worked for Arkadios Capital (September 2019 to December 2021) and Triad Advisors LLC (November 2000 to September 2019). Notably, he has been the subject of multiple client disputes alleging misconduct, including unsuitable investment recommendations and breaches of fiduciary duty.
Specifically, on April 27, 2023, a client of Triad Advisors LLC filed FINRA Arbitration: 23-01100 concerning James Walesa. The investor alleged violation of securities statutes, breach of contract, negligence, and a breach of fiduciary duty related to a series of alternative investments. It appears that Walesa's actions resulted in the client incurring damages on direct investments and real estate securities. Consequently, the client is seeking compensatory relief from Triad Advisors LLC or Walesa in the amount of $500,000 in this ongoing matter.
Namely, on April 27, 2023, an Arkadios Capital client filed FINRA Arbitration: 2301100 about James Walesa. Evidently, the client alleged that Walesa recommended unsuitable products during 2010. Because of this, the client purportedly sustained damages. Therefore, the client has requested $500,000 in compensation from Arkadios Capital or Walesa. However, this arbitration is not resolved.
Particularly, a client of Arkadios Capital contested James Walesa's sales practices by filing FINRA Arbitration: 23-00648 on March 21, 2023. Supposedly, Walesa recommended unsuitable REITs. It appears that Walesa's recommendations led to the client experiencing damages. As a result, the client seeks compensatory relief from Arkadios Capital or Walesa in the amount of $500,000 in this ongoing matter.
Moreover, on March 16, 2023, a Triad Advisors LLC client filed a complaint about James Walesa. Evidently, the client alleged that Walesa was involved in unsuitable recommendations for investment in businesses for which he also served in positions of management or ownership. Because of this, the client allegedly sustained damages on DPPs or LPs. Therefore, the client requested $5,000,000 in compensation from Triad Advisors LLC or Walesa.
Additionally, a client of Triad Advisors LLC contested James Walesa's sales practices by filing FINRA Arbitration: 22-00762 on April 6, 2022. Supposedly, Walesa failed to conduct due diligence, made unsuitable recommendations, and misrepresented and omitted facts with regard to the sale of alternative investments. It appears that Walesa caused the client to sustain damages on direct investments. Therefore, the client seeks compensatory relief from Triad Advisors LLC or Walesa in the amount of $790,000 in this ongoing matter.
Also, a Triad Advisors LLC client filed FINRA Arbitration: 21-01734 about James Walesa. Evidently, the client alleged that Walesa recommended an equity fund that was unsuitable. Because of this, the client allegedly sustained damages. Therefore, on August 20, 2021, Triad Advisors LLC settled this matter by paying the client $20,000 in damages.
Did you experience losses because of James Walesa? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States, works on a contingency fee basis, and advances all costs. Walesa and brokerage firms he worked for deny accusations of sales practice violations.
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