Two planners who are suing the CFP Board amended their complaint to seek unspecified damages in addition to earlier claims seeking an admission of fault from the board as well as the quashing of a public sanction for calling their practice fee-only.
Since filing their suit in June, publicity around the case has damaged their reputation and heightened the risk that they will lose clients, Jeffrey and Kimberly Camarda of Fleming Island, Fla., allege in the revised complaint filed Friday in U.S. District Court in Washington. The boards disciplinary process is unfair and capricious, the suit claims.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access