Investors Seek Quick Win In $14M Heartland Suit

Law360, New York (November 13, 2009, 2:05 PM EST) -- Pressing forward in a quest to recover more than $14 million, a group of investors alleging they were hoodwinked over the sale of various oil and gas securities is seeking partial summary judgment against energy investment firm Heartland Resources Inc. and its executives.

Plaintiff Frederick Clayton Jr. led the charge Wednesday in the U.S. District Court for the Western District of Kentucky against Heartland and executives Mark Haynes, David Stewart and others, accusing the group of failing to disclose crucial information to the investors as well...
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