Direxion Daily Financial Bear 3X Shares FAZ Securities Stock Fraud

Company:	Direxion Daily Financial Bear 3X Shares
Ticker Symbol:	FAZ
Class Period:	Nov-3-08 to Apr-9-09
Date Filed:	Sep-18-09
Lead Plaintiff Deadline:	Nov-17-09
Court:	Southern District of New York
Allegations:

On September 18, 2009, the first class action lawsuit was filed in the United States District Court for the Southern District of New York against Direxion Shares ETF Trust on behalf of those investors who purchased or otherwise acquired shares in Direxion Daily Financial Bear 3X Shares (NYSE:FAZ).

Current and former shareholders have until Tuesday, November 17, 2009 to move for appointment as a lead plaintiff in this case. The Complaint alleges violations of Sections 11 and 15 of the Securities Act of 1933.

If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.

Direxion Daily Financial Bear 3X Shares FAZ Securities Fraud Legal Help

If you have suffered from financial losses, you may qualify for damages or remedies that may be awarded in a possible Direxion Daily Financial Bear 3X Shares securities class action lawsuit. Please fill in our form on the right to submit your complaint for a free evaluation.