The Doss Firm, LLC and O'Dell & O'Neal, Inc.: Investment Fraud Claims Filed Against CUNA Brokerage Services, Inc., IBM Southeastern Employees Credit Union (IBMSECU), and Stacy Jamison

ATLANTA, May 3, 2018 /PRNewswire/ -- The investment fraud attorneys at The Doss Firm, LLC and O'Dell & O'Neal, Inc. said today that their investigation of Stacy Jamison and her alleged involvement in an investment fraud scheme is continuing after the filing of fraud claims against CUNA Brokerage Services, Inc., IBM Southeastern Employees Credit Union, and Stacy Jamison.  Also included in this investigation is Christopher A. Parris, an alleged partner with Stacy Jamison.

Former CUNA Brokerage Services customers Edward G. Ray, Jr. and Yvonne M. Ray of Marietta, Georgia filed a lawsuit in the Cobb County State Court against IBM Southeastern Employees Credit Union and Stacy Jamison, Case No. 18-A-240, as well as a FINRA arbitration against CUNA Brokerage Services, Inc., FINRA Case No. 18-00332, seeking damages in excess of $350,000 as a result of the fraudulent scheme.  The complaints allege fraud, violations of the Georgia Securities Act, breach of contract, breach of duty, violations of the Georgia RICO Act, breach of fiduciary duty, constructive fraud, negligent misrepresentation, conspiracy to defraud, aiding and abetting liability, attorneys' fees and/or punitive damages.

The complaints allege that the Rays were referred by IBMSECU to meet with CUNA financial advisers to discuss how IBMSECU and CUNA could assist the Rays by transferring and consolidating their retirement assets to CUNA so that they could be better managed under a single umbrella.  Mr. Ray worked for IBM for 38 years prior to his retirement in 2012.  The fateful meeting occurred on November 18, 2016 at the IBMSECU bank branch in Kennesaw, Georgia, and the financial advisers who attended the meeting were Stacy Jamison and Christopher A. Parris.  At the meeting at the IBMSECU branch, Jamison, a CUNA representative, and Parris convinced the Rays to transfer in excess of $300,000.  The Rays' money, however, never made it to their CUNA accounts and were diverted in whole or in part to a company called United RL Capital Services, which was owned and controlled by Christopher Parris, according to public records.

Jason Doss with the Doss Firm, LLC said: "Our investigation indicates that the Rays are not the only victims and that this may be a widespread fraudulent scheme spanning over multiple states."

Justin O'Dell with O'Dell & O'Neal, Inc. said: "The last thing that the Rays expected was to be invited to their bank and get defrauded out of their retirement savings."

Anyone who has had dealings with Stacy Jamison or Christopher Parris are welcome to contact The Doss Firm, LLC and O'Dell & O'Neal, Inc. for free case evaluations.

About The Doss Firm, LLC and O'Dell & O'Neal, Inc.

Jason Doss literally wrote the book on how to effectively represent investors in disputes with their advisers and firms.  His book, A Practitioners Guide to Securities Arbitration (American Bar Association) is used in law schools and by practicing attorneys across the country.  The attorneys at the law firm collectively have more than 40 years of experience representing aggrieved investors.  The law firm often represents investors who lost money as a result of Ponzi schemes, investment fraud, or stockbroker misconduct.

Justin O'Dell owns and operates a Cobb County law firm focusing primarily on litigation. Mr. O'Dell has successfully represented consumers in cases involving bank misconduct and other predatory practices.

SOURCE The Doss Firm, LLC and O’Dell & O’Neal, Inc. - Marietta, GA