Stacey joined KYL in 1991 and is a shareholder in its Long Beach office. Stacey currently serves on the firm’s Diversity and Inclusion Committee. Stacey’s practice focuses on representing and advising securities broker-dealers and banks. She has successfully represented financial institutions in jury trials, bench trials, class actions, regulatory proceedings and hundreds of arbitrations.
Stacey has tried or arbitrated to conclusion more than 50 cases (including jury trials and bench trials). She regularly appears in state and federal courts and in securities arbitrations before the Financial Industry Regulatory Authority (FINRA). Stacey has tried cases involving allegations of fraud, breach of fiduciary duty, churning, unsuitability, negligence, negligent supervision, and violations of state and federal law. She also has advised and defended firms and registered representatives in regulatory inquiries initiated by FINRA, the New York Stock Exchange and the California Department of Corporations. Her work includes defending individual claims and class actions, and she was part of a team that tried a 250-member class action to a jury verdict.
Stacey’s practice also includes privacy law and advising clients on data security. Stacey is certified by the International Association of Privacy Professionals in United States private sector privacy law (CIPP/US) and European Union privacy and data protection law (CIPP/E). She also is a Certified Information Privacy Manager (CIPM) and Certified Information Privacy Technologist (CIPT). Her work includes defending clients accused of violating various privacy laws, assessing clients’ legal and regulatory compliance with applicable privacy laws, including the Gramm-Leach-Bliley Act, Regulation S-P, the California Financial Information Privacy Act, the California Consumer Privacy Act (CCPA), the Telephone Consumer Protection Act (TCPA), the Computer Fraud and Abuse Act (CFAA), the Stored Communications Act (SCA), and the European Union’s General Data Protection Regulation (GDPR).
Stacey also represents creditors in bankruptcy proceedings. She advises clients on how to structure and maintain commercial relationships with debtors who may be on the verge of, or who have filed a petition for, bankruptcy. Her practice includes helping her clients keep money the debtor paid them in the months leading up to the bankruptcy petition and making sure her clients are paid to the maximum extent possible before the debtor is discharged. She defends creditors who have been accused of violating the automatic stay, and defends creditors who have been accused of receiving preferential payments from debtor in the months before the bankruptcy petition.