Claire Cofer Friedrichs (also known as Claire Cofer Richmond and Claire Friedrichs Taylor), of Mandeville, Louisiana, a stockbroker registered with Raymond James Associates Inc., has been discharged by the securities broker dealer on August 11, 2021, based upon allegations that Friedrichs attempted to allocate a trade error involving market losses to customer accounts.
Public Disclosure also shows that Friedrichs is also referenced in a customer initiated investment related NASD securities arbitration claim more than 20 years ago that was settled for $42,000.00 in damages based upon allegations that Friedrichs was negligent, made misrepresentations, violated state securities laws, violated NASD rules, breached a contract, and made the unsuitable investment recommendation of mutual funds when Friedrichs was associated with Salomon Smith Barney. NASD Arbitration No. 01-05310 (January 20, 2003).
On August 16, 2013, a customer initiated investment related civil action involving Friedrichs’s conduct was settled for $75,000.00 in damages based upon allegations that Friedrichs made unsuitable investment recommendations in variable annuities when Friedrichs was associated with Merrill Lynch Pierce Fenner Smith Incorporated. Civil Action No. 12-02069.
Her public disclosure records also reveal that she was previously associated with Howard, Weil, Labouisse, Friedrichs Inc., one of the oldest and most prestigous investment firm in New Orleans’ history. Since August 19, 2021, Friedrichs has been associated with Coker Palmer in New Orleans, Louisiana. Coker Palmer is located at 400 Poydras Street, Suite 2100, New Orleans, LA 70130, which is near or across the street from Mother’s Restaurant at 400 Poydras Street.
