State securities regulators in South Carolina are investigating the brokerage arm of Wachovia Corp., after a church in Hilton Head Island, S.C., complained that 10,000 shares of stock were sold against its wishes.

Glen La Force, the lawyer for the church, which requested anonymity, declined to identify the stock except to say that it trades on Nasdaq. He said the church wants the shares back and will file a lawsuit if the situation is not promptly resolved.

David N. Jonson, a deputy attorney general, said an investigation of the complaint against the Winston Salem, N.C., banking company unit is under way, but declined to elaborate. A spokesman for Wachovia said it is trying to resolve the matter and declined further comment.

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