Phillip Attebery Involved In Creative Planning Client Disputes

Investors allegedly incurred losses due to financial advisor Phillip Attebery (also known as Phillip Attebery) [CRD: 4247195, Redmond, Oregon], based on information from SEC’s Investment Adviser Public Disclosure. Attebery has worked for Creative Planning in Redmond, Oregon, since June 1, 2016. To understand the nature of these disputes and allegations more clearly, continue reading.

Creative Planning Investor Accused Attebery Of Negligence

Particularly, on September 15, 2023, a Creative Planning client filed Civil Action No. BER-L-004545-23 about Phillip Attebery. The client alleged that Attebery breached his fiduciary duty and was negligent in relation to options transactions spanning from 2017 through 2020. This led the client to reportedly suffer damages involving options. Consequently, the client sought $9,500,000 in compensation from Creative Planning or Attebery. However, this civil suit was later withdrawn.

Phillip Attebery Disclosed Breach Of Fiduciary Duty Allegations By Creative Planning Client

Notably, on July 2, 2021, a Creative Planning client contested Phillip Attebery’s conduct by initiating an arbitration claim through AAA. The client accused Attebery of negligence, breach of fiduciary duty, and violations of California and Kansas laws related to the sale of conservation easements between 2015 and 2017. This action purportedly caused the client to incur damages. As a result, the client is pursuing $5,185,000 in compensation from Creative Planning or Attebery. This matter is still pending. In response, Attebery denied the claims, asserting that the risks were fully disclosed and accepted by the client.

Did You Sustain Losses Because Of Securities Broker Phillip Attebery?

Have you experienced financial setbacks due to Phillip Attebery? If this applies to you, connect with Soreide Law Group online or call them at (888) 760-6552. You'll have the opportunity to discuss potential avenues for recovering your investment losses with an experienced securities attorney. Notably, Soreide Law Group has effectively recovered losses for investors across the United States. The firm operates on a contingency fee basis and advances all costs. It's important to note that Attebery and the brokerage firms he works for refute allegations of sales practice violations.