Robert C. Wiggins v. Southern Securities Group, LLC and Brandi Hoover

CourtMississippi Supreme Court
DecidedDecember 4, 2025
Docket2024-CA-00251-SCT
StatusPublished

This text of Robert C. Wiggins v. Southern Securities Group, LLC and Brandi Hoover (Robert C. Wiggins v. Southern Securities Group, LLC and Brandi Hoover) is published on Counsel Stack Legal Research, covering Mississippi Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Robert C. Wiggins v. Southern Securities Group, LLC and Brandi Hoover, (Mich. 2025).

Opinion

IN THE SUPREME COURT OF MISSISSIPPI

NO. 2024-CA-00251-SCT

ROBERT C. WIGGINS

v.

SOUTHERN SECURITIES GROUP, LLC AND BRANDI HOOVER

DATE OF JUDGMENT: 02/07/2024 TRIAL JUDGE: HON. ROBERT B. HELFRICH TRIAL COURT ATTORNEYS: L. GRANT BENNETT, SR. S. CHRISTOPHER FARRIS COURT FROM WHICH APPEALED: FORREST COUNTY CIRCUIT COURT ATTORNEY FOR APPELLANT: S. CHRISTOPHER FARRIS ATTORNEY FOR APPELLEES: L. GRANT BENNETT, SR. NATURE OF THE CASE: CIVIL - CONTRACT DISPOSITION: AFFIRMED - 12/04/2025 MOTION FOR REHEARING FILED:

BEFORE KING, P.J., GRIFFIS AND BRANNING, JJ.

GRIFFIS, JUSTICE, FOR THE COURT:

¶1. On April 1, 2018, Robert C. Wiggins and Brandi Hoover, both financial advisors,

executed two documents. The first document was an operating agreement that designated

them as members of Southern Securities Group, LLC (SSG). The operating agreement

included a noncompete provision as well as a mediation and an arbitration provision. The

second document was a purchase-and-sale contract under which Hoover purchased

Wiggins’s interest in SSG. Under the purchase-and-sale contract, Wiggins remained

employed at SSG after the buyout was complete and could only be terminated for cause.

¶2. In January 2024, SSG and Hoover filed a complaint in circuit court alleging that Wiggins had been terminated for cause and was in violation of the noncompete provision.

SSG and Hoover requested, among other things, a temporary restraining order, which the trial

court granted. SSG and Hoover then moved for a preliminary injunction against Wiggins to

enjoin against further violation of the noncompete provision. In response, Wiggins filed a

“motion to dissolve the temporary restraining order and deny the motion for preliminary

injunction” as well as a motion to compel mediation and/or arbitration and to stay the

proceedings. Wiggins claimed that once Hoover purchased his ownership interest in SSG,

he was no longer bound by the operating agreement, including the noncompete provision.

Wiggins further claimed he was wrongfully terminated.

¶3. After a hearing, the trial court granted SSG and Hoover’s motion for preliminary

injunction and “continue[d] injunctive relief until . . . the merits of this civil action and its

claims [we]re resolved[.]” The trial court denied Wiggins’s “motion to dissolve the

temporary restraining order and deny the motion for preliminary injunction” and his motion

to compel mediation and/or arbitration and to stay the proceedings.

¶4. Wiggins now appeals. Finding no error, we affirm.

FACTS AND PROCEDURAL HISTORY

¶5. Wiggins formed SSG, a wealth-management firm, in 2008. Hoover began her

employment with SSG in June 2017. On April 1, 2018, Wiggins sold his ownership interest

in SSG to Hoover.1 As part of the business transaction, Wiggins and Hoover executed two

documents, a limited-liability-company operating agreement and a purchase-and-sale

1 Wiggins owned 80 percent of the company, and Hoover owned 20 percent.

2 contract.

¶6. Under the purchase-and-sale contract, Hoover obtained an additional 20 percent

membership interest in SSG each year until Wiggins’s entire membership interest was

purchased.2 Hoover agreed that after the completion of the buyout, Wiggins would continue

to be employed at SSG at “a salary consistent with his past W-2 earnings . . . and may only

be terminated for cause.” The operating agreement, which noted Hoover’s buyout of

Wiggins’s interest in SSG, included a noncompete provision as well as a mediation and an

arbitration provision.

¶7. Hoover’s purchase of Wiggins’s interest in SSG was completed on June 1, 2022.

Wiggins remained employed at SSG until January 3, 2024, when he was terminated for

cause, specifically gross insubordination.

¶8. The day after his termination from SSG, Wiggins started working at another wealth-

management firm that performs the same type of services as SSG. As a result, on January

25, 2024, SSG and Hoover filed a complaint against Wiggins in the Circuit Court of Forrest

County.

¶9. In their complaint, SSG and Hoover alleged claims for breach of contract, tortious

breach of contract, breach of implied covenant of good faith and fair dealing, promissory

estoppel, equitable estoppel, and unjust enrichment. SSG and Hoover requested a temporary

restraining order; a temporary injunction and/or permanent injunction enjoining Wiggins

from violating the noncompete provision; as well as economic damages, noneconomic

2 Hoover paid Wiggins a total of $500,000 for his interest in SSG.

3 damages, costs of litigation including attorneys’ fees, pre and postjudgment interest, punitive

damages, and a constructive trust on any monetary proceeds derived by Wiggins through

actions violative of the noncompete provision. SSG and Hoover also filed a motion for an

expedited hearing for a temporary restraining order and/or injunctive relief.

¶10. The trial court entered a temporary restraining order on January 26, 2024. SSG and

Hoover then filed a motion for preliminary injunction and asked the trial court to set the

motion for a hearing as soon as possible “to prevent [them] from sustaining any further

immediate and irreparable injury, loss, or damage.”

¶11. In response, Wiggins filed a “motion to dissolve the temporary restraining order and

deny the motion for preliminary injunction.” Wiggins asserted that he stopped being a

member of SSG on June 1, 2022, when Hoover’s purchase of SSG was finally complete and

that he is therefore not bound by the operating agreement, including the noncompete

provision. Wiggins further asserted that he was not terminated for cause but was wrongfully

terminated because he would not agree to a pay reduction. Wiggins also filed a motion to

compel mediation and/or binding arbitration and to stay the proceedings. Wiggins asserted

that under the operating agreement, any disputes between the parties were to be submitted

to mediation and/or arbitration. He requested that the trial court stay the proceedings

including the temporary restraining order and motion for preliminary injunction and send the

matter to mediation, arbitration, or both.

¶12. After a hearing, the trial court granted SSG and Hoover’s motion for preliminary

injunction, denied Wiggins’s “motion to dissolve the temporary restraining order and deny

4 the motion for preliminary injunction,” and denied Wiggins’s motion to compel mediation

and/or arbitration and to stay the proceedings. The trial court found that “[b]ecause of the

inconsistencies of the [operating] [a]greement . . . , this dispute with various claims [wa]s not

one that the parties agreed to or intended . . . would be subject to the [m]ediation and

[a]rbitration clauses[.]” The trial court further found that based on the evidence presented

at the hearing, “there [wa]s a [n]oncompete [p]rovision binding on [Wiggins],” and it

therefore enjoined Wiggins from competing with SSG in violation of the noncompete

provision.

¶13. Wiggins filed in this Court a petition for interlocutory appeal. In his request, Wiggins

raised three issues, two of which questioned whether he was bound by the noncompete

provision. The third issue questioned whether the trial court erred by denying his motion to

compel mediation and/or binding arbitration and to stay the proceedings.

¶14. In response to Wiggins’s petition for interlocutory appeal, the Court entered an en

banc order.

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