September 10, 2012
A New York federal judge on Monday tossed out investors' consolidated putative class action over their alleged losses in ProShares Advisors LLC's exchange-traded funds, finding the related trusts that offered the funds were candid about certain risks attached to those leveraged investments.
March 18, 2011
A shareholder class action over alleged losses in ProShares Advisors LLC's exchange-traded funds should be thrown out because there weren't any misstatements or omissions, the company argued Thursday in New York.
July 12, 2010
A federal judge has ruled that the investor with the most money at stake will serve as lead plaintiff in a putative class action against ProShares Advisors LLC over alleged hidden risks in inverse exchange-traded funds, as well as naming Lovell Stewart Halebian Jacobson LLP and Zamansky & Associates LLC as co-lead counsel.