Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against:
ARKADIOS CAPITAL and their former registered representative, JAMES T WALESA (Respondents).
The Claimant is representing a trust and living in Nevada. The lawsuit alleges that ARKADIOS CAPITAL broker, JAMES T WALESA, recommended $200,000.00 to be invested into a speculative private placement, AIU Alternative Care, Inc., also known as “Clearday,” which allegedly sold senior care products and offered residential care and adult daily care services. Another $100,000.00 was added to the initial investment at a later date. According to the lawsuit, JAMES T WALESA presented it as a risk free investment. WALESA allegedly told the Claimant that the stock could not drop below $10 per share. This investment later proved to be worthless.
The lawsuit claims that the Respondents allegedly over-concentrated $300,000.00 of the Claimants life savings. The lawsuit is alleging; negligence, breach of fiduciary duty, and negligent supervision.
According to FINRA’s BrokerCheck, available to the public on FINRA’s website, JAMES T WALESA has been in the securities industry for 39 years and was listed as a broker with 8 firms. He is currently not registered. Walesa was with ARKADIOS CAPITAL from 09/04/2019 - 12/17/2021. Walesa has 8 disclosures on his FINRA CRD report, 7 are “Customer Disputes.” The significance of JAMES T WALESA's customer complaints is underscored in FINRA NOTICE to MEMBERS 03-49. FINRA conducted a review of the CRD’s of all registered representatives, only .41% had been the subject of three or more customer complaints. In other words WALESA’s customer complaints rank him in the top one-hundredth percent of all registered representatives for customer complaints.
If you’ve suffered investment losses due to the actions or recommendations of ARKADIOS CAPITAL and/or their former registered representative, JAMES T WALESA, contact Soreide Law Group and speak to an experienced securities lawyer at no cost regarding the possible recovery of your financial losses through a FINRA arbitration at: 888-760-6552.
Soreide Law Group represents our clients nationwide before FINRA on a contingency fee basis, no fee to you if no recovery.
Pending customer claims on BrokerCheck name Michael Graham (CRD 3263494) and list LPL Financial as the firm. Each claim is pending and unproven, and no arbitrator has ruled on any of them. The customers allege that Graham misrepresented guaranteed principal and returns on a secured loan related to a real estate deal.
An SEC decision involving Titan Securities (CRD 131392) of Plano, Texas became final on August 7, 2026, according to FINRA's October 2026 Disciplinary and Other FINRA Actions report. The decision fined the firm $50,000. The record lists the firm as JTA Securities Management, Inc. dba Titan Securities.
Every settled customer dispute on Peter Maller's BrokerCheck report names Lincoln Financial as the firm. Maller holds CRD number 2322403. The newest dispute, filed on March 5, 2024, settled on August 15, 2024 for $12,500 against alleged damages of $50,000. The claimants alleged that the representative represented an oil and gas investment as safe.
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