James Walesa of Arkadios Capital Subect of Numerous Complaints

Customer Complaints and Investigation by FINRA

FINRA began investigating James Walesa of Arkadios Capital in Park Ridge, Illinois, after a customer complaint was made in 2023. The customer filed a FINRA arbitration complaint and alleged that Walesa recommended a speculative private investment called AIU Alternative Care, Inc., (now known as Clearday, Inc.). AIU Alternative/Clearday was purported to be an investment in senior care products and adult daily care services. The investments in AIU Alternative or Clearday are now worthless.

FINRA started looking into Walesa’s involvement in AIU Alternative and asked Walesa to cooperate in an investigation. FINRA alleges that Walesa has refused to adequately cooperate with its investigation, in violation of FINRA Rule 8210. The most common penalty for such a violation is expulsion from the securities industry. If you lost money with this advisor, the securities law firm of Israels & Neuman may be able to help you file a claim to recover your losses.

Background on James Walesa

From September 2019 to December 2021, James Walesa had been a representative of Arkadios Capital. Previously he worked with Triad Advisors from 2000 to September 2019. He was assigned to a Park Ridge, Illinois office.

Walesa has been the subject of 14 customer complaints, most of which were made between 2021 and 2024. He also filed for bankruptcy in 2023.

Responsibility for Walesa’s Conduct

Arkadios Capital, as a FINRA member, has obligations to supervise the conduct of its financial advisors like James Walesa. If the firm fails to adequately do so, it could be responsible for any investor losses.

Israels & Neuman Represents Clients in Park Ridge, Illinois

Our securities arbitration law firm has offices in Chicago, Illinois and represents investors throughout the country, including in Park Ridge. Attorney David Neuman was born and raised in the suburbs of Chicago and maintains his license to practice law in Illinois. If you were a client of James Walesa and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

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