New York, New York 9/5/2009 12:24:29 AM
News / Business

BERNSTEIN LIEBHARD LLP HAS FILED A CLASS ACTION LAWSUIT ON BEHALF OF INVESTORS IN PROSHARES ULTRASHORT REAL ESTATE PROSHARES FUND (SYMBOL: SRS) AND IS INVESTIGATING CLAIMS ON BEHALF OF INVESTORS IN ALL PROSHARES LEVERAGED FUNDS

Bernstein Liebhard is investigating claims on behalf of investors in Proshares Trust (“ProShares”) leveraged funds (“Leveraged Funds”), such as those listed below.  Bernstein Liebhard is investigating whether those who bought shares of the Leveraged Funds have claims against ProShares because ProShares failed to disclose in its registration statements: (i) that if shares of Leveraged Funds were held for a time period longer than one day, the likelihood of catastrophic losses was huge; and (ii) the extent to which performance of the Leveraged Funds would inevitably diverge from the performance of the  benchmark.

 

Fund

Ticker

Index/Benchmark

UltraShort QQQ

QID

NASDAQ-100® Index

UltraShort Dow30

DXD

Dow Jones Industrial AverageSM

UltraShort S&P500

SDS

S&P 500® Index

UltraShort Russell3000

TWQ

Russell 3000® Index

UltraShort MidCap400

MZZ

S&P MidCap 400 Index

UltraShort SmallCap600

SDD

S&P SmallCap 600 Index

UltraShort Russell2000

TWM

Russell 2000® Index

UltraPro Short S&P500

SPXU

S&P 500® Index

UltraShort Russell1000 Value

SJF

Russell 1000® Value Index

 

 

 

UltraShort Russell1000 Growth

SFK

Russell 1000® Growth Index

UltraShort Russell MidCap Value

SJL

Russell Mid-Cap® Value Index

UltraShort Russell MidCap Growth

SDK

Russell Mid-Cap® Growth Index

UltraShort Russell2000 Value

SJH

Russell 2000® Value Index

UltraShort Russell2000 Growth

SKK

Russell 2000® Growth Index

UltraShort Basic Materials

SMN

Dow Jones U.S. Basic MaterialsSM Index

 

 

 

UltraShort Consumer Goods

SZK

Dow Jones U.S. Consumer GoodsSM Index

UltraShort Consumer Services

SCC

Dow Jones U.S. Consumer Services SM Index

UltraShort Financials

SKF

Dow Jones U.S. FinancialsSM Index

UltraShort Health Care

RXD

Dow Jones U.S. Health CareSM Index

UltraShort Industrials

SIJ

Dow Jones U.S. IndustrialsSM Index

UltraShort Oil & Gas

DUG

Dow Jones U.S. Oil & Gas SM Index

UltraShort Real Estate

SRS

Dow Jones U.S. Real Estate IndexSM

UltraShort Semiconductors

SSG

Dow Jones U.S. SemiconductorsSM Index

UltraShort Technology

REW

Dow Jones U.S. Technology SM Index

UltraShort Telecommunications

TLL

Dow Jones U.S. Select Telecommunications IndexSM

UltraShort Utilities

SDP

Dow Jones U.S. Utilities SM Index

UltraShort MSCI EAFE

EFU

MSCI EAFE Index

 

 

 

UltraShort MSCI Emerging Markets

EEV

MSCI Emerging Markets Index

UltraShort MSCI Europe

EPV

MSCI Europe Index

UltraShort MSCI Pacific ex-Japan

JPX

MSCI Pacific ex-Japan Index

UltraShort MSCI Brazil

BZQ

MSCI Brazil Index

UltraShort FTSE/Xinhua China 25

FXP

FTSE/Xinhua China 25 Index

UltraShort MSCI Japan

EWV

MSCI Japan Index

UltraShort MSCI Mexico Investable Market

SMK

MSCI Mexico Investable Market Index

UltraShort 7-10 Year Treasury

PST

Barclays Capital 7-10 Year U.S. Treasury Index

 

 

 

UltraShort 20+ Year Treasury

TBT

Barclays Capital 20+ Year U.S. Treasury Index

UltraShort DJ-UBS Commodity

CMD

Dow Jones—UBS Commodity IndexSM

 

 

 

UltraShort DJ-UBS Crude Oil

SCO

Dow Jones—UBS Crude Oil Sub-IndexSM

UltraShort Gold

GLL

Gold

UltraShort Silver

ZSL

Silver

UltraShort Euro

EUO

Euro/US Dollar

 

 

 

UltraShort Yen

YCS

Yen/US Dollar

Ultra QQQ

QLD

NASDAQ-100® Index

 

 

 

Ultra Dow30

DDM

Dow Jones Industrial AverageSM

Ultra S&P500

SSO

S&P 500® Index

Ultra Russell3000

UWC

Russell 3000® Index

Ultra MidCap400

MVV

S&P MidCap 400 Index

Ultra SmallCap600

SAA

S&P SmallCap 600 Index

Ultra Russell2000

UWM

Russell 2000® Index

UltraPro S&P500

UPRO

S&P 500® Index

Ultra Russell1000 Value

UVG

Russell 1000® Value Index

 

 

 

Ultra Russell1000 Growth

UKF

Russell 1000® Growth Index

Ultra Russell MidCap Value

UVU

Russell Mid-Cap® Value Index

Ultra Russell MidCap Growth

UKW

Russell Mid-Cap® Growth Index

Ultra Russell2000 Value

UVT

Russell 2000® Value Index

Ultra Russell2000 Growth

UKK

Russell 2000® Growth Index

Ultra Basic Materials

UYM

Dow Jones U.S. Basic MaterialsSM Index

 

 

 

Ultra Consumer Goods

UGE

Dow Jones U.S. Consumer GoodsSM Index

Ultra Consumer Services

UCC

Dow Jones U.S. Consumer Services SM Index

Ultra Financials

UYG

Dow Jones U.S. FinancialsSM Index

Ultra Health Care

RXL

Dow Jones U.S. Health CareSM Index

Ultra Industrials

UXI

Dow Jones U.S. IndustrialsSM Index

Ultra Oil & Gas

DIG

Dow Jones U.S. Oil & Gas SM Index

Ultra Real Estate

URE

Dow Jones U.S. Real Estate IndexSM

Ultra Semiconductors

USD

Dow Jones U.S. SemiconductorsSM Index

Ultra Technology

ROM

Dow Jones U.S. Technology SM Index

Ultra Telecommunications

LTL

Dow Jones U.S. Select Telecommunications IndexSM

Ultra Utilities

UPW

Dow Jones U.S. Utilities SM Index

Ultra DJ-UBS Commodity

UCD

Dow Jones—UBS Commodity IndexSM

 

 

 

Ultra DJ-UBS Crude Oil

UCO

Dow Jones—UBS Crude Oil Sub-IndexSM

Ultra Gold

UGL

Gold

Ultra Silver

AGQ

Silver

Ultra Euro

ULE

Euro/US Dollar

 

 

 

Ultra Yen

YCL

Yen/US Dollar

Ultra MSCI EAFE

EFO

MSCI EAFE Index

 

 

 

Ultra MSCI Emerging Markets

EET

MSCI Emerging Markets Index

Ultra FTSE/Xinhua China 25

XPP

FTSE/Xinhua China 25 Index

Ultra MSCI Japan

EZJ

MSCI Japan Index

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If you would like to discuss this action or if you have any questions concerning this Notice, please contact Christian Siebott or Joseph R. Seidman, Jr. at (877) 779-1414.

 

Bernstein Liebhard has pursued hundreds of securities and consumer cases and recovered approximately $2 billion for its clients.  It has been named to The National Law Journal’s “Plaintiffs’ Hot List” in each of the last six years.

 

You can view a copy of the complaint online at http://www.bernlieb.com, or obtain it from the court.

 

Bernstein Liebhard LLP

10 East 40th Street

New York, New York 10016

(877) 779-1414

www.bernlieb.com

 

ATTORNEY ADVERTISING. © 2009 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

 

Contact Information

Christian Siebott

Joseph R. Seidman, Jr.
Bernstein Liebhard LLP
http://www.bernlieb.com
(212) 799-1414