Investors potentially incurred losses because of securities broker Richard Calabrese [CRD: 1549013, New York, New York], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Calabrese has worked for Corinthian Partners LLC in New York, New York, since July 2, 1996. See the following information to discover more about disclosures involving this securities broker.
Evidently, a Corinthian Partners LLC client filed FINRA Arbitration No. 24-01183 about Richard Calabrese. Mainly, the client alleged that Calabrese breached a contract, was negligent, breached his fiduciary duty, and violated federal securities laws in connection with corporate bonds. Consequently, on May 19, 2025, Corinthian Partners LLC settled this matter by paying the client $10,000 in damages.
Particularly, a client of Corinthian Partners LLC contested Calabrese’s sales practices by filing FINRA Arbitration No. 23-02495. Allegedly, Calabrese failed to supervise certain representatives. It appears that Calabrese allegedly caused the client to sustain damages related to corporate bonds. As a result, Corinthian Partners LLC opted to settle the matter on August 14, 2024, by compensating the client in the amount of $23,500.
Specifically, on March 18, 2019, FINRA issued Case No. 2016047621801 sanctioning Richard Calabrese for infractions, imposing a 30-business-day suspension in all principal capacities and a $10,000 fine. FINRA alleged that Calabrese failed to establish and enforce a reasonably designed supervisory system regarding the sale of non-traditional exchange traded products and failed to reasonably supervise a securities broker.
According to FINRA’s findings, Calabrese, as chief compliance officer, shared responsibility for overseeing recommendations involving leveraged and inverse exchange traded products. FINRA determined that the firm lacked adequate written supervisory procedures and monitoring systems to address the risks of these products, including extended holding periods and large transactions. FINRA concluded that this conduct violated NASD Rule 3010 and FINRA Rules 3110 and 2010.
Do you have concerns or questions regarding investments you made with Richard Calabrese? If so, reach out to Soreide Law Group at (888) 760-6552 or online and talk to a securities lawyer concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, our securities lawyers work on a contingency fee basis and advance all costs. Calabrese and brokerage firms Calabrese worked for deny accusations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our client (Claimant) against: TEXAKOMA FINANCIAL, INC. and their registered representative, SHEA PETER KENNEDY (SHEA P KENNEDY) (Repondents). The Claimant resides in Nevada, and according to the lawsuit, around August of 2023, SHEA P KENNEDY contacted the Claimant unsolicited, apparently after the Claimant had […]
Pending customer claims on BrokerCheck name Michael Graham (CRD 3263494) and list LPL Financial as the firm. Each claim is pending and unproven, and no arbitrator has ruled on any of them. The customers allege that Graham misrepresented guaranteed principal and returns on a secured loan related to a real estate deal.
An SEC decision involving Titan Securities (CRD 131392) of Plano, Texas became final on August 7, 2026, according to FINRA's October 2026 Disciplinary and Other FINRA Actions report. The decision fined the firm $50,000. The record lists the firm as JTA Securities Management, Inc. dba Titan Securities.
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