FOR IMMEDIATE RELEASE:Nov. 8, 2012
WICHITA BUSINESSES ISSUED CEASE AND DESIST ORDERWICHITA, Kan.—Kansas Securities Commissioner Aaron Jack announced that on November 7, 2012, an administrative Cease and Desist Order was issued against: Hybrid Asset Management, LLC; Sutton MN, LLC; Real Development Corp.; Churchill Capital Strategies, Inc.; Jeffrey Williams; Mark Nordyke; Sherrilynn L. Frierson; Gordon Schultz; Michael Elzufon and David Lundberg. The Cease and Desist Order alleges that those entities and individuals violated the Kansas Uniform Securities Act by attempting to deliver interests in fraudulent life settlement policies (also known as viatical settlements) to a Topeka bank and other unknown investors. If you have been approached by these individuals regarding life settlement policies, please contact the Office of the Kansas Securities Commissioner at 785-296-3307.To view a copy of the Order please visit www.ksc.ks.gov###
The Office of the Kansas Securities Commissioner regulates securities offerings and investment professionals in the securities industry, provides investor education, investigates illegal securities activities, and prosecutes securities-related crimes. For more information about the Office of the Kansas Securities Commissioner, go to www.ksc.ks.gov or visit our Facebook page.
Contact:Whitney WhitsonDirector of CommunicationsOffice of the Kansas Securities Commissioner Phone: email@example.com