Federal Court Dismisses All Claims Against The Layton Corporation Group Of Companies

HOUSTON, May 25, 2012 /PRNewswire/ -- Daniel Layton, J. Clarke Legler, Layton Energy Texas, LLC, and Layton Corporation are pleased by a federal court's recent decision dismissing all claims against them in a lawsuit brought by various investors in two drilling funds.

An independent forensic accounting expert has found following his analysis of the financial and business records of the funds, nothing to indicate that any cash or other resources were misappropriated, diverted or otherwise unlawfully converted to the use of Messrs. Layton, Legler, Layton Energy Texas, LLC, Layton Corporation, or any Affiliates.

About Layton Corporation
Layton Corporation is a Houston based energy investment firm engaged in all sectors of the energy industry worldwide. The company primarily acts in a principal capacity. Currently the company seeks international and domestic opportunities in the trading, transportation, service and electricity sectors. For more information, visit www.laytoncorporation.com.

SOURCE Layton Corporation