NEW YORK, Nov. 10, 2000 (PRIMEZONE) -- Investors in the Heartland High-Yield Municipal Bond Fund (Nasdaq:HRHYX) and the Heartland Short Duration High-Yield Municipal Fund (Nasdaq:HRSDX) have filed a class action lawsuit after suffering devastating losses from the sudden and shocking revaluation of those funds. The lawsuit names Heartland Advisors and former fund manager Thomas Conlin as defendants, among others. The lawsuit is pending in the United States District Court for the Eastern District of Wisconsin, Case No. 00-C-1401.
Investors in these funds are represented by Shalov Stone & Bonner, which currently serves as a Lead Counsel for investors in the Dreyfus Aggressive Growth Fund Litigation, and which is experienced in the representation of mutual fund investors in actions against mutual fund companies.
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