Nicholas Schlagheck Tied To Cape Securities Investor Complaints About Unsuitable Advice

Investors possibly experienced sales practice violations by securities broker Nicholas John Schlagheck [CRD: 6950609, McDonough, Georgia], according to publicly available information on FINRA BrokerCheck. Evidently, Schlagheck worked for Cape Securities Inc. from August 29, 2022, to July 15, 2025; Lincoln Investment from June 26, 2020, to January 11, 2022; and Intervest International Equities Corporation from June 21, 2018, to June 29, 2020. Keep reading for details about this broker’s disclosures.

Cape Securities Investor Accused Schlagheck Of Unsuitable Recommendations

Particularly, a client filed a complaint about Nicholas Schlagheck. The client alleged that Schlagheck made unsuitable recommendations and overconcentrated accounts involving mutual funds. Because of this, the client allegedly sustained damages associated with those investments. Consequently, on September 5, 2025, Cape Securities Inc. settled this matter by paying the client $30,000 in damages.

Nicholas Schlagheck Disclosed Misrepresentation Allegations By Cape Securities Client

Specifically, a client of Cape Securities Inc. contested Nicholas Schlagheck’s sales practices, according to a complaint dated May 15, 2025. Allegedly, Schlagheck made misrepresentations of material fact and unsuitable recommendations regarding direct investments. It appears that Schlagheck allegedly caused the client to sustain damages connected to those products. Therefore, the client sought compensation from Cape Securities Inc. or Schlagheck in the amount of $15,696.80 in this matter. However, the firm denied this complaint.

Were You Impacted By Financial Advisor / Securities Broker Schlagheck?

Are you concerned regarding investments you made with Nicholas Schlagheck? You should contact Soreide Law Group online or at (888) 760-6552 and talk to a securities lawyer concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States. Also, the firm takes cases on a contingency fee arrangement and advances all costs. Schlagheck and brokerage firms Schlagheck worked for deny accusations of sales practice violations.