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Stacy E. Cheney-Jamison, Ex-CUNA and IFS Broker, Accused of Theft by Investors

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Update: On June 19, 2018, the Securities and Exchange Commission (SEC) filed charges against Christopher Parris and United RL Capital Services, as well as four other individuals and Percipience Global Corporation and First Nationale Solution, accusing them of being involved in a massive Ponzi scheme bilking 637 investors out of $102 million.

On May 8, 2018, the Financial Industry Regulatory Authority, Inc. (FINRA) announced it barred Stacy E. Cheney-Jamison from associating in any capacity with firms registered with FINRA.  FINRA registers and regulates securities brokers and brokerage firms.

Cheney-Jamison was most recently associated with a brokerage firm in August 2017 when she resigned from her position as a securities broker with CUNA Brokerage Services, Inc.

FINRA said it barred Cheney-Jamison when she declined to respond to requests for information during FINRA’s investigation.  FINRA was investigating allegations she was involved in private securities transactions and falsified client account forms.

Private securities transactions can involve securities that a broker sells on behalf of someone else that were not approved for sale by the broker’s firm.  They may also involve securities the broker sells that he or she owns or otherwise has a financial interest in.  Firms may be liable for private securities transactions even if they are unaware their brokers participated in them.

The bar follows a May 3, 2018 press release announcing a Georgia couple filed actions in Cobb County Georgia and FINRA arbitration to recover their retirement funds allegedly misappropriated by Cheney-Jamison and Christopher A. Parris.  According to the newswire, while a CUNA broker, Jamison allegedly was involved in diverting the couple’s funds to a private securities transaction involving a company called United RL Capital Services LLC owned and controlled by Parris.  Public records confirm a company in that name is registered in Michigan and Parris is its registered agent.

Stacy E. Cheney-Jamison (a.k.a. Stacy Edwards, Stacy Kuczynski, or Stacy Sang) entered the securities industry as a General Securities Representative in January 2001.  She was registered in that capacity

  • from July 2009 through January 2013 with Valic Financial Advisors, Inc.,
  • from January 2013 through February 2015 with First American Securities, Inc.,
  • from March 2015 through October 2015 with IFS Securities, and
  • from September 2016 through August 2017 with CUNA Brokerage Services, Inc.

If you suffered losses while investing with Stacy Cheney-Jamison, call Marquardt Law Office LLC at (312) 945-6065 to speak with a securities attorney for a free case evaluation.  You may be able to recover your losses.

Marquardt Law Office LLC is a securities law firm located in Chicago, IL that represents clients nationwide on a contingency basis to recover losses caused by misconduct such as fraud and negligence.

Adam J. Marquardt

Adam Marquardt represents investors in securities litigation claims such as unsuitable investments, negligence, and fraud. He is dedicated to recovering financial losses for investors, primarily through FINRA arbitration. Adam’s background includes experience as a FINRA regulator, an accountant and auditor, and an attorney who recovered $8 million litigating cases involving fraudulent financial practices. Adam is a certified public accountant and attorney licensed in Illinois.

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