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In Re: ProShares Trust Securities Litigation
Case Number:
1:09-cv-06935
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Akerman LLP
- Berger Montague
- Bernstein Liebhard
- Brower Piven
- Federman & Sherwood
- Frank LLP
- Kirkland & Ellis
- Kramer Levin
- Lovell Stewart
- Pomerantz LLP
- Ropes & Gray
- Stone Bonner
- Stull Stull
- The Law Office of Kevin Galbraith
- Wolf Haldenstein
- Zwerling Schachter
Companies
Sectors & Industries:
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September 10, 2012
Judge Tosses Investor Class Action Over ProShares ETF Risks
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
ProShares Says Investors Knew ETF Risks
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
Lovell Stewart, Zamansky To Lead ProShares Action
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.