A husband-and-wife planning firm and the CFP Board have traded jabs in court over whether the planners can seek damages in their lawsuit against the board.
In the latest round of pretrial filings, the planners accuse the board of violating antitrust regulations allegations the board denies. The underlying dispute stems from the boards decision in 2011 to publicly sanction Jeffrey and Kimberly Camarda of Fleming Island, Fla., for calling their practice fee-only, allegedly against the boards rules. The board has not yet published that sanction, originally scheduled for January, while the lawsuit is pending. In hopes of stopping it, the planners in June sued the board in U.S. District Court in Washington.
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