Arkadios Capital (“Arkadios”) (CRD# 282710) has many different complaints filed by investors. If you’ve suffered investment losses at Arkadios, you have legal options to recover your money. Even if you signed an arbitration agreement, you can still pursue claims through FINRA arbitration proceedings.
At the Law Offices of Robert Wayne Pearce, we have investigated Arkadios and its customer complaints. We represent investors with claims of fraud, negligence, and breach of fiduciary duty against this organization and its financial advisors. Don’t wait until it’s too late to file a claim – time limits apply to investment loss recovery cases.
Can I Sue Arkadios Capital?
Yes, you can sue Arkadios Capital, but most investors will pursue claims through FINRA arbitration rather than court because arbitration agreements are standard in brokerage contracts. The odds are you signed away your right to sue in court and agreed to resolve your dispute in a FINRA arbitration proceeding.
FINRA arbitration is the legal forum where investment disputes are resolved. It operates similarly to a trial but with streamlined procedures designed specifically for securities cases. The process allows you to present evidence, call witnesses, and recover damages from Arkadios for losses caused by their misconduct or negligence.
How to Sue Arkadios Capital for Investment Losses
What Can I Do If I Lost Money at Arkadios Capital?
If you’ve lost money at Arkadios Capital, you can file a FINRA arbitration claim to seek recovery. FINRA arbitration is a legal process where neutral arbitrators hear evidence and make binding decisions on investor disputes. Unlike court litigation, arbitration is specifically designed for investment cases and typically resolves faster.
The process begins by filing a Statement of Claim that outlines your losses and the misconduct that caused them. Given Arkadios’s documented regulatory problems – including multiple brokers facing over $44 million in pending claims, FINRA enforcement actions, and a pattern of selling unsuitable high-risk alternative investments – your case may involve similar violations. These documented issues strengthen your claim because they establish a pattern of supervisory failures and unsuitable recommendations.
Common claims against Arkadios involve unsuitable sales of private placements (like GWG L Bonds and GPB Capital), failure to supervise representatives, and selling illiquid alternative investments to conservative investors seeking safety. If your advisor recommended complex products that didn’t match your investment objectives or risk tolerance, you likely have grounds for recovery.
The arbitration agreement you signed doesn’t prevent you from pursuing justice – it simply determines the forum. You still have the right to present your case, recover damages, and hold Arkadios accountable. Acting promptly is critical because FINRA imposes strict time limits (typically six years from the misconduct or three years from when you discovered the losses).
Who Can Help Me Sue Arkadios Capital?
An experienced securities attorney who specializes in FINRA arbitration can help you sue Arkadios Capital. These cases require specific knowledge of securities regulations, arbitration procedures, and the tactics brokerage firms use to defend against claims. Generic litigation attorneys often lack this specialized expertise.
Look for an attorney with a proven track record in investor recovery cases, particularly involving independent broker-dealers and unsuitable alternative investments. The right attorney will investigate your case thoroughly, gather evidence of misconduct, and build a compelling claim that demonstrates how Arkadios’s failures caused your losses.
What is Arkadios Capital?
Arkadios (CRD# 282710) has been registered with the SEC and FINRA as a broker dealer since 2016. The company is controlled by Arkadios Holdings, Inc. and headquartered in Atlanta, Georgia with small branch offices located throughout the United States.
Its independent broker-dealer Business Model has grown through acquisition and organic development of primarily one and two person registered representative offices supervised remotely. Today there are over 18 Arkadios branch offices with over 65 registered representatives in every state. It is now one of the 50 largest independent broker-dealer and investment advisory firms in the United States.
Arkadios Capital In Trouble – Latest News
Yes, Arkadios Capital faces significant troubles with multiple brokers named in investor complaints totaling over $44 million in damages, FINRA enforcement actions, and a pattern of selling unsuitable high-risk alternative investments to retail investors. The Atlanta-based independent broker-dealer has become a magnet for customer complaints alleging misrepresentation, unsuitable recommendations, and supervisory failures.
The firm’s troubles center on representatives like James Walesa, who faces $34 million in pending claims. FINRA sued Walesa for failing to cooperate with investigations into unsuitable sales to elderly clients. Multiple brokers have investor complaints exceeding millions, with allegations of fraud, negligence, and breach of fiduciary duty related to complex products like GWG L Bonds, GPB Capital, and non-traded REITs.
Why Does Arkadios Capital Have So Many Bad Reviews and Customer Complaints?
Arkadios Capital has many customer complaints because independent broker-dealers operate with minimal oversight of their branch offices. Unlike traditional brokerage firms with on-site managers, independent firms like Arkadios supervise representatives remotely through a franchise-style model.
These brokers typically work alone or in small two-person offices. They operate as independent contractors, not employees, which means they control their own business practices with limited day-to-day supervision. The firm’s supervisory structure relies on remote managers who oversee multiple offices from different locations and often run their own separate businesses.
This setup creates gaps in investor protection. New accounts, securities transactions, and client communications often aren’t reviewed immediately. There’s rarely anyone on-site to catch forged signatures, misleading statements, or unsuitable investment recommendations. Many offices receive only one compliance audit per year, leaving months where problematic sales can go undetected.
The North American Securities Administrators Association (NASAA) has documented more instances of sales abuse and investor losses at independent broker-dealers than at traditional firms with on-site supervision. This pattern explains why Arkadios faces numerous complaints involving unsuitable high-commission products sold to conservative investors.
A BRIEF OVERVIEW OF SOME OF THE COMPLAINTS AND REGULATORY PROBLEMS ARKADIOS CAPITAL HAS FACED OVER THE YEARS
- James Walesa FINRA Action (2024): FINRA sued former Arkadios broker facing seven investor complaints totaling over $44 million for allegedly selling unsuitable illiquid alternative investments, including $200,000 Clearday investment to 85-year-old who died three weeks later.
- Multiple Million-Dollar Broker Complaints (2023-2024): Several representatives face massive claims including Marc Korsch ($2.8 million pending), Mike Lickiss ($2 million), Rick Lopez (ordered to pay $1.5 million arbitration award), and Debbie Biosca in multi-million dollar dispute.
- Pattern of Private Placement Violations (Ongoing): Multiple brokers accused of recommending unsuitable high-commission private placements including GWG L Bonds ($500,000 claim against Suzanne Wheeler), GPB Capital, and non-traded REITs to conservative investors.
- Systemic Supervision Failures (2020-2024): Investor complaints allege failure to supervise representatives selling complex alternative investments, with Mark Thompson alone facing three separate complaints including $138,000 settlement for misrepresentation.
- High-Risk Product Concentration (Ongoing): Firm specializes in Regulation D private placements, structured products, and alternative investments carrying higher risks, fees, and liquidity issues often unsuitable for retirement-focused investors seeking conservative strategies.
How to File an Official Complaint Against Arkadios Capital or One of Its Brokers with FINRA
If you’ve suffered investment losses due to Arkadios Capital or one of its financial advisors, you may be entitled to pursue justice through a FINRA complaint and arbitration proceeding. At The Law Offices of Robert Wayne Pearce, P.A., we have investigated Arkadios Capital extensively and represent investors nationwide who allege fraud, negligence, misrepresentation, and breach of fiduciary duty.
When financial advisor misconduct has caused you to lose substantial value to your investment accounts, you have the right to seek reimbursement from the responsible parties. Arkadios is responsible like any employer for its financial advisors acts and omissions.
In addition, it has an independent duty to supervise its stockbrokers and investment advisors. These cases can be extremely complex, and so having the support of a reputable attorney who is experienced in recovering investment losses for investors is key to your success. Many customers make the mistake of contacting Arkadios without representation about their complaints and have their complaints denied.
How The Law Offices of Robert Wayne Pearce, P.A. Can Help You Recover Losses at Arkadios Capital
The Law Offices of Robert Wayne Pearce, P.A. guides investors through every step of the FINRA arbitration process. We begin with a thorough investigation of your case, gathering account statements, correspondence, and evidence of unsuitable recommendations or supervisory failures. Our team prepares and files your Statement of Claim, navigates discovery, and presents compelling evidence at the arbitration hearing.
With over 45 years of specialized experience in FINRA arbitration, Attorney Robert Wayne Pearce knows the strategies brokerage firms use to defend against claims and how to counter them effectively. Our firm has recovered more than $175 million for investors, including numerous multi-million dollar awards in cases involving unsuitable alternative investments and supervisory failures similar to those at Arkadios.
We offer a free, confidential consultation to evaluate your case. During this consultation, we’ll review your investment history, explain your legal options, and provide honest guidance on the strength of your potential claim. There’s no obligation and no upfront cost to learn whether you have grounds for recovery.
Did Arkadios Capital Advisor Misconduct Cause You Investment Losses?
If your Arkadios Capital advisor recommended unsuitable investments that resulted in significant losses, you may have a valid claim for recovery. Common signs of misconduct include recommendations of high-commission private placements to conservative investors, concentration in illiquid alternative investments, misrepresentation of risks, or sales to elderly investors seeking safe income.
Given Arkadios’s documented pattern of supervisory failures and unsuitable recommendations, your losses may be part of a broader problem at the firm. The regulatory actions and investor complaints against Arkadios representatives demonstrate systemic issues that likely affected multiple clients.
Consult With An Attorney Who Recovers Investment Losses Caused By Arkadios Capital Today
The securities lawyers at The Law Offices of Robert Wayne Pearce, P.A., have helped countless investors over the last 45 years recover the losses from their investment accounts that were caused by broker negligence or misconduct. The firm has extensive experience with Arkadios Capital cases, and Attorney Pearce is committed to seeing that those responsible for the losses you have suffered are held fully accountable.
Give us a call at 800-732-2889. Let’s discuss your case and see what we can do to help you get the compensation you need and deserve.
