Riggan, who managed $500 million for Edward Jones in Texas, also reportedly locked the rest of the office’s staff out and took all of its furniture. Edward Jones sough and was granted a temporary restraining order.
The Edwards Jones office is located in a building owned by Riggan, under the name RhettKyn LLC/Riggan. The settlement does not apply to claims by Edward Jones against RhettKyn.
Both Edward Jones and Raymond James, which is not involved in the lawsuit, declined comment for the article.