Former CUSO employees are alleging that Partner Colorado Credit Union President/CEO Sundie Seefried, one of the industry's pioneers in delivering financial services to marijuana businesses, used cocaine. They also claimed that her suspected drug use became an issue among other credit union executives who were considering joining a new CUSO that would enable them to serve the marijuana companies in their states.

When reached via email by the CU Times on Tuesday, Seefried denied the allegations in the civil lawsuit.

"I have counsel and intend to aggressively defend myself against the frivolous lawsuit filed by Safe Harbor's ex-employees," Seefried said. "I look forward to getting vindication in the Courts but prefer to keep Court matters in the courts."

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.