Advisor Alert: Our Attorneys Are Investigating John William Wolf For Investment Fraud
Did You Lose Money Because of John Wolf?
Filed: March 21, 2024
John Wolf currently has three (3) pending customer complaints. Overall, he has been the subject of nine (9) customer complaints and one (1) termination event. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on John William Wolf.
Who Is John William Wolf of Cornerstone Financial Planning, Inc.?
- Advisor Name: John William Wolf
- Aliases: John Wolf
- CRD: 1846080
- Location: Appleton, Wisconsin
- Current Employer: Cornerstone Financial Planning, Inc.
- Previous Firms: Purshe Kaplan Sterling Investments, Raymond James Financial Services Advisors, Inc., and Raymond James Financial Services, Inc.
- Number of Known Customer Complaints: 9
- Number of Known Termination Events: 1
- Can John Wolf Be Sued: Yes, in Private Arbitration
- Can John Wolf’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $175,000
- Highest Settlement: $52,415.76
If you have suffered investment losses by John Wolf, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a breach of fiduciary duty lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against John Wolf For Broker Misconduct
As of this publication date, John Wolf has been the subject of 9 customer disputes and 1 termination event. Let’s review them below.
In May 2023, a complaint was filed against or in reference to John Wolf by a customer of Cornerstone Financial Planning, Inc. alleging breach of fiduciary duty, misrepresentation, negligence, and violation of securities law in the sale of GWG L bonds in February of 2021. As of this publication date, this claim remains pending.
In March 2023, a complaint was filed against or in reference to John Wolf by a customer of Cornerstone Financial Planning, Inc. As of this publication date, this claim remains pending.
In September 2022, a complaint was filed against or in reference to John Wolf by a customer of Cornerstone Financial Planning, Inc. alleging misrepresentation, negligence, recklessness, and fraud in the sale of GWG L bonds in March and December of 2021. As of this publication date, this claim remains pending.
In September 2012, a complaint was filed against or in reference to John Wolf by a customer of Purshe Kaplan Sterling Investments alleging unsuitable investments and unauthorized transactions. Per the customer, he/she lost over $7,400 because of Mr. Wolf’s actions.
In January 2011, a FINRA arbitration was filed against or in reference to John Wolf by a customer of Raymond James Financial Services Inc. alleging suitability, negligence, breach of fiduciary duty, misrepresentation, failure to supervise, and violations of industry rules. Per the customer, he/she lost over $100,000 because of Mr. Wolf’s actions. On October 6, 2011, Mr. Wolf settled the claim for $30,000, and some or all of this amount may have been paid by Mr. Wolf’s employer and/or insurance carrier.
In September 2009, Raymond James Financial Services Inc. terminated John Wolf as a result of various variable annuity complaints and failure to disclose outside fixed annuity business.
In September 2009, a complaint was filed against or in reference to John Wolf by multiple customers of Raymond James Financial Services Inc. alleging that they requested their accounts be liquidated in November 2007 and that representative ignored their request. Per the customers, they lost over $175,000 because of Mr. Wolf’s actions.
In August 2009, a complaint was filed against or in reference to John Wolf by a customer of Raymond James Financial Services Inc. alleging that the client was told his Prudential/Skandia Annuity had a living benefit rider when in fact it did not. Per the customer, he lost over $52,415.76 because of Mr. Wolf’s actions. On October 1, 2009, Mr. Wolf settled the claim for $52,415.76.
In June 2009, a complaint was filed against or in reference to John Wolf by a customer of Raymond James Financial Services Inc. alleging that the client was told her principal would be safe and guaranteed when she retired. The client states that Mr. Wolf did not tell her that the principal would be guaranteed only when she died. The client claims the annuity she transferred into was something other than what she was told. Per the customer, she lost over $11,634 because of Mr. Wolf’s actions. On August 4, 2009, Mr. Wolf settled the claim for $8,652.96, and some or all of this amount may have been paid by Mr. Wolf’s employer and/or insurance carrier.
In February 2007, a complaint was filed against or in reference to John Wolf by a customer of Raymond James Financial Services Inc. alleging that Mr. Wolf removed $60,000 of profit from an annuity without their permission. The client wants to be reimbursed for tax issues for selling profitable holdings. Per the customer, he/she lost over $5,400 because of Mr. Wolf’s actions.
How To File A Claim Against John Wolf of Cornerstone Financial Planning, Inc. (previously with Purshe Kaplan Sterling Investments, Raymond James Financial Services Advisors, Inc., and Raymond James Financial Services, Inc.) To Get Your Money Back
If you have questions about John Wolf, Cornerstone Financial Planning, Inc., Purshe Kaplan Sterling Investments, Raymond James Financial Services Advisors, Inc., Raymond James Financial Services, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.