January 03, 2020
Investment firm ProShares will not have to face a securities suit alleging it failed to warn investors of the risks associated with one of its funds, a New York federal judge has ruled.
October 21, 2019
Investors in a ProShares trust have challenged a bid to dismiss their suit over a volatility flare-up known as the "Volpocalypse" in New York federal court, arguing they were not made aware that the trust's own rebalancing choices could result in its "near-collapse."
August 05, 2019
A ProShares trust told a New York federal court Friday that the investors suing it over a volatility flare-up known as the "Volpocalypse" were fully informed of the risks inherent to the fund manager's popular inverse volatility exchange-traded fund.
January 30, 2019
A putative class of investors in a popular ProShares inverse volatility exchange-traded fund that plummeted in value last year during the "Volpocalypse" filed a complaint against the trust alleging it failed to disclose risks that made the fund "a ticking time bomb."