What is Schlichter Bogard?
Schlichter Bogard LLP, based in St. Louis, operates as a national law firm dedicated to advocating for victims of financial abuse. The firm's core mission involves assisting employees and retirees in securing the retirement benefits they are entitled to, particularly when their plans are compromised by excessive fees or unsuitable investment choices. Their expertise lies in navigating complex financial litigation and ensuring accountability within retirement plan management.
How much funding has Schlichter Bogard raised?
Schlichter Bogard has raised a total of $1.3M across 2 funding rounds:
Debt
$350K
Debt
$955K
Debt (2020): $350K with participation from PPP
Debt (2021): $955K led by PPP
What's next for Schlichter Bogard?
The substantial enterprise-level funding, including the recent strategic investment, positions Schlichter Bogard for enhanced operational capacity and expanded reach. This capital infusion is expected to fuel the firm's ability to take on more complex cases, invest in advanced legal technologies, and potentially grow its team of dedicated attorneys. The strategic nature of the recent financing suggests a focus on strengthening its market position and furthering its mission to protect individuals from financial misconduct within retirement plans.
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