Close Menu
Free Consultation: 888-976-6111

Ex-Intervest Advisor John Schlagheck: GWG L Bond Complaints

Recent investor complaints against McDonough, Georgia financial advisor John Schlagheck (CRD# 1040673) allege that investments in GWG L bonds resulted in damages exceeding half a million dollars. Financial Industry Regulatory Authority records show that he is a broker with Cape Securities, having previously been registered with Intervest International Equities Corporation.

Mr. Schlagheck’s BrokerCheck report discloses two investor complaints. The most recent, filed in August 2022, alleges that as a representative of Intervest International Equities, he breached his fiduciary duty, acted negligently, committed fraud, and breached contract in connection with an investment in GWG L bonds. The pending complaint alleges damages of $565,000. 

A second investor complaint, filed in May 2022, similarly alleges that he breached contract, violated Michigan securities law, engaged in negligence and unjust enrichment, and breached his fiduciary duty in relation with the sale of GWG L bonds in March 2021. The pending complaint alleges damages of $100,000.

According to the Financial Industry Regulatory Authority, John Schlagheck holds 38 years of securities industry experience. Based in McDonough, Georgia, he has been a broker with Cape Securities since 2022. His registration history includes Intervest International Equities (Ottowa Lake, Michigan; 2017-2022), Southeast Investments (Charlotte, North Carolina; 2007-2017), Sammons Securities Company (Ann Arbor, Michigan; 2002-2005), Granite Investment Services (St. Cloud, Minnesota; 2001-2002), Washington Square Securities (Windsor, Connecticut; 2001-2002), Primevest Financial Services (St. Cloud, Minnesota; 2001), IFG Network Securities, Vestax Securities, Locust Street Securities, and FSC Securities. His credentials include the passage of six securities industry qualifying exams: the General Securities Principal Examination, or Series 24; the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Direct Participation Programs Representative Examination, or Series 22; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; and the Uniform Securities Agent State Law Examination, or Series 63. He is licensed in Michigan and Ohio. (Information current as of December 13, 2022.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • John Davenport: $150K Complaint Against J. Davenport Advisor

    Norwalk, Connecticut financial advisor John Davenport (CRD# 1448999) recently received an investor complaint alleging that his investment advice resulted in...

    Read More
  • Cissy Hutchinson: Synovus Securities Fires Athens Advisor

    Former Athens, Georgia broker Cissy Hutchinson (CRD# 2067670) was recently fired from Synovus Securities in connection with alleged rule violations....

    Read More
  • Betty Friant: FNEX Capital Advisor Private Placement Complaint

    Indianapolis financial advisor Betty Friant (CRD# 2122446) allegedly recommended unsuitable investments, according to a recent investor complaint. Financial Industry Regulatory...

    Read More
  • Joe Mauceli: GLM Financial Advisor Faces $300K Complaint

    A recent investor complaint against Hackensack financial advisor Joe Mauceli (CRD# 2818956) alleges that he recommended unsuitable investments. Financial Industry...

    Read More
  • Previous
  • Next