Losses in Heartland's High-Yield Funds Prompt Suits

Fine, Jacob
October 2000
Bond Buyer;10/31/2000, Vol. 334 Issue 31007, p6
Trade Publication
Reports that investors in two Heartland Advisors Inc.'s municipal bond funds have filed a securities violations lawsuit against Heartland in federal court in the United States. Alleged misrepresentation of risk in the portfolio's security holdings and true net asset values; Loss of the portfolio's value; Names of other defendants; Suit filing plan against Heartland by another group of investors; Names of law firms involved.


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