ATCO, N.J., June 12, 2013 /PRNewswire/ -- US Fuel
Corporation, (OTC: USFF), announced that on June 7, 2013, the Franklin Circuit Court of the
Commonwealth of Kentucky entered
an order dismissing the complaint filed by Scott Schrader on 30
September 2010 as Case No 10-CI-01548, naming as defendants
Nuclear Solutions, Fuel Frontiers and two individuals. US
Fuel's former name was Nuclear Solutions and Fuel Frontiers was a
wholly owned subsidiary of US Fuel that was dissolved in September,
2012.
In the lawsuit, plaintiff alleged a dispute over an investment
in Nuclear Solutions and presented claims for:
- Breach of Contract
- Negligent/Intentional Misrepresentations
- Fraud and Fraudulent Inducement
- Unjust Enrichment
- Breach of Constructive or Resulting Trust
Plaintiff sought actual and punitive damages. The Court
granted Defendants' motion to dismiss and dismissed the action
"without prejudice based on lack of personal jurisdiction and
improper venue (forum non conveniens)."
About US Fuel Corporation
US Fuel Corporation (OTC: USFF) designs, builds, owns and
operates scalable facilities that will convert coal into high
quality liquid fuels, including ultralow sulfur diesel and jet
fuel. www.usfuelcorporation.com
Disclaimer: Forward Looking Statements
This release contains statements relating to future results
which are forward-looking statements. These statements are not
historical facts and are not guaranteed, but instead represent only
the good faith belief of US Fuel management as of the date of this
release. Future events are by their nature inherently
uncertain and outside of US Fuel's control. It is possible that US
Fuel's actual results and financial condition may differ, possibly
materially, from the anticipated results and financial condition
indicated in these forward-looking statements.
Forward-looking statements in this release are made pursuant to the
safe harbor provisions of securities laws in force as of the
date of this release. US Fuel does not undertake any
obligation to publicly update or correct any forward-looking
statements to reflect events or circumstances that subsequently
occur or of which we hereafter become aware.
Contact at US Fuel:
Paul F. Adams
Chief Operating Officer
856 753 1046
padams@usfuelcorporation.com
www.USFuelCorporation.com
SOURCE US Fuel Corporation