Heartland Fund Investors to Sue Funds to Recover Losses


NEW YORK, Oct. 29, 2000 (PRIMEZONE) -- Shalov Stone & Bonner issued the following announcement today: The law firm of Shalov Stone & Bonner has been retained by investors seeking to recover their losses in the investments in the Heartland High-Yield Municipal Bond Fund (symbol:HRHYX) and in the Heartland Short Duration High-Yield Municipal Fund (symbol:HRSDX). Investors in these funds have suffered devastating losses from the sudden and shocking revaluation of those funds. A class action lawsuit is being prepared for filing on behalf of investors in these funds. Shalov Stone & Bonner, which currently serves as a Lead Counsel for investors in the Dreyfus Aggressive Growth Fund Litigation, is experienced in the representation of mutual fund investors in actions against mutual fund companies arising from mutual fund activities.

Plaintiffs are represented by the law firm of Shalov Stone & Bonner, which has extensive experience in the prosecution of class actions on behalf of investors. For more information about Shalov Stone & Bonner, please visit the firm's website at: www.lawssb.com

If you would like to participate in this action or would like additional information about the lawsuit, please contact: Shalov Stone & Bonner (Ralph M. Stone), 276 Fifth Avenue, Suite 704, New York, New York 10001, telephone: 212-686-8004, email: ralph@lawssb.com


            

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