Stacy Cheney-Jamison Barred Over Alleged $330,000 Theft from Retired Clients

Attorney Advising Disclaimer

FINRA barred former CUNA Brokerage Services representative Stacy Elizabeth Cheney-Jamison, aka Stacy Edwards, Stacy Kuczynski, and Stacy Sang, for failing to cooperate with investigators during an investigation into allegations she falsified client account forms and engaged in unauthorized private securities transactions.

In January, a retired couple sued Cheney-Jamison for allegedly convincing them, with the purported assistance of broker Christopher Parris (who himself drew an industry sanction for failing to cooperate with investigators), to transfer $330,000 of their retirement savings to CUNA. The suit alleges the funds never made it to the customers' accounts at CUNA, having instead been diverted to a company owned and controlled by Parris.

AWC #2017055219801

According to her BrokerCheck report, Cheney-Jamison (CRD #4318631) was associated with Parris' firm—First American Securities—from 2013 to 2015, after which she joined IFS Securities (2015) and CUNA Brokerage Services, Inc. (2016-17), as SEC investigators overturned a FINRA order barring Parris (CRD #4552325) from the securities industry for failing to cooperate with its investigation, while upholding his suspension.

The couple's lawsuit also criticizes CUNA for allowing Cheney-Jamison to resign instead of terminating her, claiming that CUNA effectively "swept the problems under the proverbial rug" by permitting her resignation during an internal investigation into the misappropriated or otherwise improperly diverted retirement funds.

Cheney-Jamison's file indicates a pending customer dispute alleging breach of fiduciary duty, violations of the Georgia RICO and Securities Acts, and unauthorized transactions.

If you have invested with former CUNA Brokerage Services rep Stacy Elizabeth Cheney-Jamison or with any broker or financial adviser who has recommended you transfer funds between firms, only for these funds to go missing through diversion, misappropriation, or outright theft, please call The Law Offices of Jonathan W. Evans & Associates at (800) 699-1881 for an investigation and consultation.

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