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Case Status:    DISMISSED    
On or around 02/18/2003 (Date of order of final judgment)

Filing Date: March 15, 2001

According to the docket, on December 12, 2002, the plaintiffs filed a motion to dismiss the action without prejudice against all defendants except Charles Edwards and Jason Edwards. On December 18, 2002, the plaintiffs filed a motion to dismiss with prejudice claims against Charles and Jason Edwards. That day, a joint motion was also filed by the plaintiffs and defendants Charles and Jason Edwards for entry of a settlement bar order. On December 19, 2002, an Endorsed Order was entered granting the motion to dismiss the action without prejudice against all defendants, except the two individual defendants. On February 18, 2003, the Court entered the Settlement Bar Order. According to the Order, Charles Edwards and Jason Edwards entered into a settlement and compromise of their dispute, and the bar order finally discharges all obligations of the defendants in the action. That day, the Court entered the Order signed by U.S. District Judge James S. Moody Jr. granting the motion to dismiss with prejudice claims against Charles Edwards and Jason Edwards. The case was closed.

On February 7, 2002, the Court entered the Order granting in part and denying in part the motion to dismiss the complaint. Plaintiffs were permitted twenty days to file an amended complaint. On April 10, 2002, the Plaintiffs filed a First Amended Complaint.

The original complaint charges these Defendants with violating federal and state securities laws by selling unregistered securities through unregistered agents and making material statements of facts which were untrue, or which omitted material facts which were necessary in order to make the statements made not misleading in light of the circumstances under which they were made. Specifically, this class action lawsuit asserted claims on behalf of persons who were solicited and purchased payphone agreements from ETS Payphones, Inc. in Florida or otherwise Invested in ETS Payphones, Inc. in Florida by purchasing payphone agreements by or through Hayes Financial Group, Inc. and the other defendants listed below.

Other defendants: Charles E. Edwards, Jason Edwards, Hayes Financial Group, Inc. ("HFG"), Curtis G. Hayes, Oxford Financial of Pinellas, Inc., Steve Rodd, Epic Planning Group, Inc., Robert S. Baldwin, Richard Southerland, Spryng T. Southerland, and Insurance Associates Services, Inc., National Communications Marketing, Inc., Thomas E. Murray, Warren Dibell, Suncoast Insurance & Financial Services, Inc., Reliance Trust Company, Gilbert Peters, William J. Webb, Inland Restoration Funding, Inc., Personal Risk Management Associates, Inc., and John Guba.

COMPANY INFORMATION:

Sector: Financial
Industry: Consumer Financial Services
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol:
Company Market: Privately Traded
Market Status: Privately Held

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: M.D. Florida
DOCKET #: 01-CV-00571
JUDGE: Hon. Elizabeth A.Kovachevich
DATE FILED: 03/15/2001
CLASS PERIOD START: 01/04/2000
CLASS PERIOD END: 03/14/2001
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Ausley & McMullen
    227 S. Calhoun St., P.O. Box 391, Ausley & McMullen, FL 32301
    850.224.9115 ·
No Document Title Filing Date
COURT: M.D. Florida
DOCKET #: 01-CV-00571
JUDGE: Hon. Elizabeth A.Kovachevich
DATE FILED: 04/10/2002
CLASS PERIOD START: 01/04/2000
CLASS PERIOD END: 03/14/2001
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Ausley & McMullen
    227 S. Calhoun St., P.O. Box 391, Ausley & McMullen, FL 32301
    850.224.9115 ·
No Document Title Filing Date