This blog has been started to bring together everyone who has been adversely affected by David Wallace either through Dave’s current position at TriStar or through Dave’s past ownership of ADI. It is my hope that by sharing information we will be able to better understand what happened when TriStar acquired the assets of ADI sometime around February 2007 and why so many people have been left with invoices unpaid by ADI while Dave Wallace continues to carry on with much of the same business as before just under the TriStar name.
ADI was a PTC reseller specializing in sales, services and training in PTC’s product line including Pro|ENGINEER and Windchill.
Around February 2007, Dave Wallace wound down the business of ADI, and gave most of his contractors the impression that it was a simple case of bankruptcy. He began by saying that the money was in the hands of the banks and that it would take a few weeks to determine if there would be any money left to pay all of the remaining debts.
In the weeks and months that followed, many of us would continue to phone Dave asking for updates, but he would rarely respond. Eventually, he told many of us by phone that there was no money left to pay the debts owed to us. However, he has refused to send out anything in writing, which confirms that he does not have the legal right to walk away from his debts.
Dave Wallace is now employed by TriStar to run TriStar’s Canadian operations. Many of ADI’s former clients have had their contracts for sales and service of Pro|ENGINEER and Windchill products transferred over to TriStar. It is not clear whether they were given any choice in this matter.
Since TriStar is now carrying on with much of ADI’s former business, it has been suggested that TriStar might now be responsible for paying off ADI’s outstanding debts. TriStar’s president Patrick Maderia has thus far refused to address inquiries relating to this matter.
If anyone has any experiences with Dave Wallace, ADI or TriStar, please feel free to post your story in the comments section of this web site.
