Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Stull, Stull and Brody Targets Another ProShares ETF Not Rated 3.0 Email Routing List Email & Route  Print Print
Monday, November 02, 2009

Stull, Stull and Brody Targets Another ProShares ETF

Reported by Adam Kommel

Stull, Stull & Brody is continuing its legal attack on ProShares with a class action suit over disclosure violations regarding the UltaShort Dow30 Fund, the New York law firm just revealed.

A spokesperson for ProShares declined to comment.

The UltraShort Dow30 ETF aims to return double the inverse return of the Dow Jones Industrial Average.

According to the release, "If DXD Fund shares were held for a time period longer than one day, the likelihood of catastrophic losses was a near certainty."

Stull, Stull & Brody led a similar charge against ProShares for its Ultra Financials Fund and UltraShort Oil and Gas Fund in October

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

3.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2018
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use