JOHN F SCHLAGHECK

JOHN FRANCIS SCHLAGHECK (JOHN F SCHLAGHECK), according to FINRA’s BrokerCheck, available to the public on FINRA’s website, has been in the securities industry for 39 years and has been listed with 13 firms.  Schlagheck has 13 disclosures on his FINRA CRD report, with 10 of the disclosures “Customer Disputes.” The significance of JOHN F SCHLAGHECK’s FINRA Customer Complaints is underscored in FINRA NOTICE to MEMBERS 03-49. FINRA conducted a review of the CRD’s of all registered representatives, only .41% had been the subject of 3 or more customer complaints. In other words Schlagheck’s customer complaints rank him in the top one-hundredth percent of all registered representatives for customer complaints. 

JOHN F SCHLAGHECK is currently not registered as a broker with a FINRA firm.  He was previously registered with Cape Securities Inc., McDonough, Georgia, from 10/18/2022 - 03/06/2023, Intervest International Equities Corporation, Ottawa Lake, Michigan, from 08/17/2017 - 10/05/2022, and Southeast Investments, N.C., Inc. of Charlotte, North Carolina, from 02/05/2007 - 08/18/2017.

According to FINRA’s BrokerCheck, several of the 10 “Customer Disputes,” allegedly involve the sale of GWG L Bonds. There is a settled complaint against JOHN F SCHLAGHECK, dated 6/1/2022 that settled for $15,000.00, with allegations of, “Client claims negligence, breach of fiduciary duty, breach of contract, violation of Michigan securities law, and unjust enrichment with the sale of GWG L-Bonds that were sold to the claimant in March of 2021.”

On 3/1/2023 a dispute against JOHN F SCHLAGHECK was settled with $122,401.77 in damages granted. The allegations were, “Claimant [REDACTED] alleges violations of federal & State securities laws, breach of fiduciary duties and negligence, breach of contract, common law fraud, failure to supervise, misrepresentation and omissions, unsuitable investments and failure to act in the best interest of the client.”

Another dispute against Schlagheck, dated 3/7/2024, settled for $107,500.00.  The allegations were, “Claimant alleges violations of law, breach of fiduciary duties and negligence, breach of contract, failure to supervise, omissions, unsuitable investments and Breach of Securities rules and regulations.”

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