Former Chicago, Illinois financial advisor Joseph Cannon (CRD# 6341199) was recently sanctioned and barred in connection with alleged rule violations....
Read MoreCindy Ghattas: $1mm Complaint Against Creative Planning Advisor
Charlotte, North Carolina financial advisor Cindy Ghattas (CRD# 5342109) recently received an investor complaint alleging that her conduct resulted in seven-figure damages. Financial Industry Regulatory Authority and Securities and Exchange Commission records show that the former Waddell & Reed broker is currently registered as an investment advisor with Creative Planning.
Ms. Ghattas’s BrokerCheck report discloses one investor complaint. filed in March 2024, it alleges that as a representative of Creative Planning, she breached her fiduciary duty, acted negligently, misrepresented options investments, breached contract, and violated the North Carolina Securities Act and the Kansas Securities act in connection with options trades between February 2017 and September 2023. The pending complaint alleges damages of at least $1 million.
Creative Planning’s website includes a page describing its mission and services. “No matter what stage of your financial journey Creative Planning is helping you navigate, you’ll be partnering with professionals who embody our core values,” it states, listing character, passion, teamwork, and growth as its core values. “These values define our work and empower our decision-making to provide an elevated client experience and culture unlike anywhere else.”
According to the Financial Industry Regulatory Authority and the Securities and Exchange Commission, Cindy Ghattas holds 16 years of securities industry experience. Based in Charlotte, North Carolina, she has been registered as an investment advisor with Creative Planning since 2007. She was previously registered with Waddell & Reed in Overland Park, Kansas from 2007 until 2016. Her credentials include the passage of three securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; and the Uniform Combined State Law Examination, or Series 66. She is licensed in North Carolina. (Information current as of May 27, 2024.)
Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.
