Broker James Thaddeus Walesa Charged With Selling Away

James Thaddeus Walesa (CRD# 1061209), a financial broker with 39 years of industry experience, has been sued by FINRA, for selling away.

At the time of the alleged misconduct, James Walesa was registered with Arkadios Capital in Park Ridge, Illinois. His BrokerCheck history shows 18 disclosures. One was in 2013 and the remaining 17 between 2020-2025. These allegations include recommending unsuitable investments, often in companies where he held ownership, operational, or management roles. Complaints raise concerns about breach of contract, fiduciary duty violations, negligence, failures in due diligence, and misrepresentations or omissions related to alternative investments.

Walesa failed to produce documents and information requested by FINRA as part of its investigation into the circumstances surrounding allegations made in a statement of claim against Walesa and his member firm including whether Walesa committed sales practice violations and participated in undisclosed private securities transactions while he was registered with the firm. Allegedly, Walesa recommended that an elderly client invest $200,000 in a highly speculative private placement tied to a company where he served as chairman. The client passed away three weeks after the investment. He later recommended that the client’s daughter invest another $100,000 in the same company. The investment ultimately became worthless. Walesa failed to appear for two scheduled on-the-record testimonies as part of the FINRA inquiry, which remains ongoing.

Allegations include approximately $5 Million invested by 68 clients in companies where Walesa had ownership, operational or management roles. Another disclosure involves $34 Million in alleged unsuitable investments linked to similar conflicts of interest.

If you made investments with James Thaddeus Walesa you may have concerns about how your accounts were handled. It is important to review your records carefully and explore your legal options. Investors may wish to consult with a securities attorney to understand potential remedies available.

Silver Law Group represents investors in securities and investment fraud cases. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases are handled on a contingent fee basis, meaning that you won’t owe us until we recover your money for you. Contact us today at (800) 975-4345 and let us know how we can help.