Hagin Gifford Richeson of Clearwater, Florida, a stockbroker registered with Corinthian Partners LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $9,000,000.00 in damages based upon allegations that Richeson failed to perform adequate due diligence in connection with the sale of preferred stocks and corporate bonds during the time that Richeson was associated with Corinthian Partners LLC. The investments allegedly became problematic when the issuer filed for bankruptcy in 2022, stopping distributions to investors. FINRA Arbitration No. 23-02495 (October 2, 2023).
This is not the first time that Richeson has been accused of sales practice violations by a customer of a securities broker dealer. FINRA Public Disclosure shows that Richeson is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $100,000.00 to $500,000.00 in damages based upon allegations that Richeson unsuitable recommendations in corporate bonds during the time that Richeson was associated with Corinthian Partners LLC. FINRA Arbitration No. 23-00467 (March 10, 2023).
Richeson is also referenced in a customer initiated investment related arbitration claim filed on May 2, 2023, in which the customer requested damages based on allegations that Richeson made misrepresentations and omissions, violated Florida securities law, and violated FINRA rules in connection with the sale of corporate bonds. The customer withdrew this claim.
Richeson has been associated with Corinthian Partners LLC in Clearwater, Florida since July 4, 2016. Additionally, Richeson has been registered with Corinthian Partners Asset Management LLC in Tampa, Florida since December 16, 2022.
