Willis-Stafford Corporation— Cease and Desist Order

misconductWillis-Stafford Corporation Entered Into a Cease and Desist Order with the South Carolina Securities Regulators Regarding the Alleged Proposed Offering of Stock for the Construction and Operation of a Film Sound Stage in Williamsburg County

Willis-Stafford Corporation entered into a Cease and Desist Order with the Securities Commissioner of South Carolina regarding the alleged proposed offering of stock for the construction and operation of a film sound stage in Williamsburg County, South Carolina according to an Order to Cease and Desist by the Securities Commissioner of South Carolina currently under currently under review by attorneys Alan Rosca and Joe Peiffer.

Willis-Stafford Corporation, a Prospect, Kentucky-based entity, allegedly solicited investors and listed an address in Salters, South Carolina, which constitutes an offer of securities under the South Carolina Securities Act, according to the Order.

The Peiffer Rosca Wolf securities rights lawyers are currently investigating Willis-Stafford Corporation regarding alleged false and misleading statements regarding the proposed offering of stock for the construction and operation of a film sound stage in Williamsburg County, South Carolina.

Willis-Stafford Corporation Allegedly Made False or Misleading Statements Regarding the Offering of Securities in South Carolina

Willis-Stafford Corporation allegedly made false or misleading statements regarding the offering of securities in South Carolina, according to an Order to Cease and Desist by the Securities Commissioner of South Carolina presently being reviewed by attorneys Alan Rosca and Joe Peiffer.

As a result of the aforementioned behavior, the Securities Commissioner of South Carolina has issued a Cease and Desist Order against Willis-Stafford and also ordered that they pay a civil penalty in the amount of $20,000 if this Order becomes effective by operation of law, pay a civil penalty in an amount not to exceed $10,000 for each violation of the Act by the Respondent, and the actual cost of the investigation or proceeding, according to the Order.

No wrongdoing by Willis-Stanfford was admitted, and no judgment has been entered against it in a court of law.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities rights lawyers often represent investors who lose money as a result of alleged false or misleading statements regarding the offering of securities. They are currently investigating Willis-Stafford Corporation for allegedly making false or misleading statements regarding the offering of securities. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Willis-Stafford Corporation for allegedly making false or misleading statements regarding the offering of securities may contact the securities rights lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1144 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.