Investigation Overview
Company
Security
NYSEARCA: SVXY
Summary
An investigation on behalf of investors of ProShares Trust II (NYSEARCA:SVXY) shares over potential securities laws violations in connection with certain financial statements was announced.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of ProShares Trust II (NYSEARCA:SVXY) concerning whether certain statements regarding ProShares Trusts business, its prospects and its operations were materially false and misleading at the time they were made.
Shares of ProShares Trust II (NYSEARCA:SVXY) declined from as high as $139.47 per share on Janaury 11, 2018 to as low as $9.53 per share on February 8, 2018.