Former Customers of Barred Broker James Walesa Report Significant Losses

Published on: October 27, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Our Trusted Broker Fraud Lawyers Are Here To Help

Former clients of barred broker James Walesa have recovered over $26M in settlements related to unsuitable private placement recommendations and undisclosed conflicts of interest involving Clearday (formerly AIU). Investors who suffered losses can still seek recovery by filing a FINRA arbitration claim against the brokerage firms that previously employed him.

Customers who suffered serious losses while working with ex-financial advisor James Thadeus Walesa already have received more than $26M in settlements. However, more investor lawsuits remain pending and even more claims could be filed. Shepherd Smith Edwards and Kantas (investorlawyers.com) is here to help you explore your legal options.

Chicago Financial Product Failure Law Firm

Published on: October 27, 2026 | by Shepherd Smith Edwards & Kantas, LLP

We Represent Illinois Investors Whose Brokers Unsuitably Recommended Investments That Collapsed

When a financial product collapses due to broker misconduct, misrepresentation, or lack of due diligence, affected investors may have grounds to recover their losses through FINRA arbitration. Shepherd Smith Edwards and Kantas is a Chicago financial product failure law firm offering experienced legal representation to help Illinois investors hold negligent broker-dealers accountable and seek financial recovery.

For more than 35 years, Shepherd Smith Edwards and Kantas (investorlawyers.com) has been fighting for investors throughout The Windy City and the rest of the Prairie State in pursuing their losses caused by a financial product that failed. While there is never a guarantee of how any investment will perform, there may be grounds for pursuing losses if broker misconduct or negligence was involved.

Northstar (Bermuda) Investor from Taiwan Sues Cetera for Up to $5,000,000

Published on: October 27, 2026 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas Is Representing This Elderly Investor

Shepherd Smith Edwards and Kantas has filed a FINRA arbitration claim seeking up to $5 million from Cetera Investment Services on behalf of a 75-year-old Taiwanese investor alleging unsuitability and overconcentration in Northstar Financial Services (Bermuda). Because recovering funds directly from the defunct offshore entity is unlikely, the firm is helping international and U.S. investors pursue financial recovery by holding the brokerage firms that sold these unsafe products accountable.

Once again, our Northstar Financial Services (Bermuda) loss attorneys have filed a claim on behalf of an non-US citizen against Cetera Investment Services. This time, the Claimant is a 75-year-old who lives in Taiwan. His US broker was Hui “Celia” Zhang, who he is accusing of making unsuitable investment recommendations and overconcentrating a large portion of his assets in this now defunct offshore entity.

Investor Fraud Loss Law Firm

Published on: September 25, 2023 | by Shepherd Smith Edwards & Kantas, LLP

How Can I Sue My US-Based Broker Over My Beechwood Bermuda Losses?

Our Investor Fraud Loss Law Firm Represent Foreign Nationals In Suing Their Broker-Dealers

If you are an investor who suffered losses in Beechwood Bermuda (formerly PB Life and Old Mutual (Bermuda) and now Beechwood (Omnia)), Shepherd Smith Edwards and Kantas (investorlawyers.com) can help you explore your legal options. To date, our broker fraud law firm has filed over 100 broker misconduct lawsuits against the many US-based brokerage firms that allegedly unsuitably marketed and sold annuities in Northstar Financial Services (Bermuda), PB Investment Holdings, PB Life and Annuity, Colorado Bankers Life Insurance, and the other insurers owned by beleaguered billionaire Greg Lindberg to customers. Beechwood Bermuda is a Northstar (Bermuda) division.

Non-traded REIT Attorneys

Published on: September 25, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Did Your Broker Fail To Fully Apprise You of the Risks Involving American Healthcare REIT?

Our Non-traded REIT Attorneys Are Looking Into Investor Losses

If your broker-dealer marketed and sold you American Healthcare REIT (previously known as Griffin-American Healthcare REIT IV), please contact Shepherd Smith Edwards and Kantas (investorlawyers.com) today. The non-traded real estate investment trust (Non-traded REIT) recently came under scrutiny in the wake of an unsolicited tender offer from CMG Partners and its affiliates to buy 250,000 Class T and Class I common stock shares for $8.50/share. That’s equal to $2.13/share before the company’s one-for-four reverse stock split in 2022 and 73% of their current estimated net asset value (NAV).

Elderly Annuity Investor Attorney

Published on: September 25, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Are You An Elderly Investor Who Suffered Losses in Colorado Bankers Life Insurance?

Our Annuity Investment Loss Attorneys Can Help You Explore Your Legal Options

Shepherd Smith Edwards and Kantas (investorlawyers.com) are continuing to investigate investor claims of losses involving Colorado Bankers Life Insurance and Bankers Life Insurance, which are two of the insurers owned by billionaire Greg Lindberg. On September 4, The North Carolina Commissioner of Insurance and the now defunct insurers filed a brief with the state’s appeals court claiming that Lindberg was purposely engaging in tactics to prevent billions of dollars in payouts to annuity holders.

Western Colorado Investment Loss Recovery Attorneys

Published on: September 25, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Western Colorado Investment Loss Recovery Attorneys

From Our Ridgway, CO Securities Law Offices, We Represent Investors Against US Broker-Dealers and Investment Advisers

Our Colorado Western Slope investment fraud attorneys work with inexperienced investors, retirees, elderly investors, high-net-worth investors, sophisticated investors, and institutional investors in pursuing the damages they are owed because their broker or investment adviser was negligent or engaged in some type of financial advisor misconduct. We have law offices conveniently located in both Ridgway and Denver.

Failure to Supervise Attorneys

Published on: September 18, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards and Kantas Continue to Investigate Oppenheimer Over Horizon Private Equity III Losses

Broker-Dealer Allegedly Neglected To Stop Multimillion-Dollar Ponzi Scam By Former Financial Advisor

For the past two years, Shepherd Smith Edwards and Kantas (investorlawyers.com) have been investigating claims of losses by investors who were defrauded in the alleged $120M Horizon Private Equity III Ponzi scam. While Oppenheimer does not appear to have been directly involved in the fraud, run by its ex-broker John Woods in Georgia, there appear to be grounds for suing the broker-dealer for its purported gross negligence and failure to properly supervise this financial advisor.

Non-traded REIT Loss Attorneys

Published on: September 18, 2023 | by Shepherd Smith Edwards & Kantas, LLP

How Do I Sue My Broker For My Non-Traded REIT Losses?

SEC Fines Legendary Real Estate Investment Trust Advisers Over Alleged Misuse of Investors’ Funds

Investing in a non-traded real estate investment trust can be risky, which is why most non-traded REITs are typically unsuitable for many retail investors, conservative investors, and older seniors. If you suffered significant losses in this type of investment, and you suspect financial advisor misconduct, including investment recommendations that may have been inappropriate given your age or risk tolerance level, it is important that you explore your legal options right away.

Oregon Investment Loss Recovery Law Firm

Published on: September 18, 2023 | by Shepherd Smith Edwards & Kantas, LLP

Oregon Investment Loss Recovery Law Firm

Skilled Portland, Oregon Investment Loss Recovery Law Firm Focused on Fighting For Investors

If you sustained investment losses to your portfolio, it can be hard to know for sure who, if anyone, should be held liable. For example, did you lose money in your account because of the result of the normal ups and downs of the market? What responsibility, if any, does your financial advisor have in all of this? Should you sue the issuer of a financial product that is now suspected of being part of a mass Ponzi scam?