Karty v. Mid-America Energy Co.

MacLeod-Mancuso, Bonnie H., J.

This is an action arising out of defendant Mid-America Energy Co., Inc.’s (“Mid-America”) alleged fraudulent inducement of the plaintiff, Kevin Kariy (“Karty”), into purchasing unregistered securities in the form of investment contracts in oil and gas opportunities. A number of the defendants have previously been dismissed from the case for failure of service. Before this Court are the remaining defendants’ Motion to Dismiss under Mass.R.Civ.P. 12(b)(3). For the reasons stated below, the defendants’ motion is ALLOWED.

BACKGROUND

Mid-America has been offering…