LAWSUITS NEWS & LEGAL INFORMATION
Exchange Traded Funds (ETF) Legal News Articles & Interviews
New Exchange Traded Funds Lawsuit Filed
March 18, 2010. By Heidi Turner.
New York, NY A lawsuit related to Exchange Traded Funds (ETFs) has been filed against ProShares Trust. The lawsuit alleges that the investment company, which offered shares in the Ultra Basic Materials fund (UYM fund), gave false and misleading information in the Registration Statement, Prospectuses and Statements of Additional Information.
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Financial Group Recommends That Customers Research Before Buying into ETF Funds
February 15, 2010. By Charles Benson.
Chicago, IL In these turbulent economic times, many consumers are more cautious about where they invest their money. The growing popularity of ETF funds has prompted analysts to release several tips and tricks to avoid the financial problems that could result from a bad investment.
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Exchange Traded Funds Provoke Lawsuits
January 24, 2010. By Heidi Turner.
Miami, FL Companies that offer Exchange Traded Funds (ETFs) are now facing lawsuits for failing to adequately disclose the risks associated with ETF securities. Specifically, retail customers say they were not told about the risks associated with leveraged and inverse ETFs when the funds are held for longer than even one day.
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