New York, NY 9/9/2009 4:19:11 AM
News / Law

BERNSTEIN LIEBHARD LLP HAS FILED A CLASS ACTION LAWSUIT ON BEHALF OF INVESTORS IN PROSHARES ULTRASHORT REAL ESTATE PROSHARES FUND (NYSE: 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 the following: 

Fund

Ticker

Index/Benchmark

UltraShort QQQ

NYSE: QID

NASDAQ-100® Index

UltraShort Dow30

NYSE: DXD

Dow Jones Industrial AverageSM

UltraShort S&P500

NYSE: SDS

S&P 500® Index

UltraShort Russell3000

NYSE: TWQ

Russell 3000® Index

UltraShort MidCap400

NYSE: MZZ

S&P MidCap 400 Index

UltraShort SmallCap600

NYSE: SDD

S&P SmallCap 600 Index

UltraShort Russell2000

NYSE: TWM

Russell 2000® Index

UltraPro Short S&P500

NYSE: SPXU

S&P 500® Index

UltraShort Russell1000 Value

NYSE: SJF

Russell 1000® Value Index

UltraShort Russell1000 Growth

NYSE: SFK

Russell 1000® Growth Index

UltraShort Russell MidCap Value

NYSE: SJL

Russell Mid-Cap® Value Index

UltraShort Russell MidCap Growth

NYSE: SDK

Russell Mid-Cap® Growth Index

UltraShort Russell2000 Value

NYSE: SJH

Russell 2000® Value Index

UltraShort Russell2000 Growth

NYSE: SKK

Russell 2000® Growth Index

UltraShort Basic Materials

NYSE: SMN

Dow Jones U.S. Basic MaterialsSM Index

UltraShort Consumer Goods

NYSE: SZK

Dow Jones U.S. Consumer GoodsSM Index

UltraShort Consumer Services

NYSE: SCC

Dow Jones U.S. Consumer Services SM Index

UltraShort Financials

NYSE: SKF

Dow Jones U.S. FinancialsSM Index

UltraShort Health Care

NYSE: RXD

Dow Jones U.S. Health CareSM Index

UltraShort Industrials

NYSE: SIJ

Dow Jones U.S. IndustrialsSM Index

UltraShort Oil & Gas

NYSE: DUG

Dow Jones U.S. Oil & Gas SM Index

UltraShort Real Estate

NYSE: SRS

Dow Jones U.S. Real Estate IndexSM

UltraShort Semiconductors

NYSE: SSG

Dow Jones U.S. SemiconductorsSM Index

UltraShort Technology

NYSE: REW

Dow Jones U.S. Technology SM Index

UltraShort Telecommunications

NYSE: TLL

Dow Jones U.S. Select Telecommunications IndexSM

UltraShort Utilities

NYSE: SDP

Dow Jones U.S. Utilities SM Index

UltraShort MSCI EAFE

NYSE: EFU

MSCI EAFE Index

UltraShort MSCI Emerging Markets

NYSE: EEV

MSCI Emerging Markets Index

UltraShort MSCI Europe

NYSE: EPV

MSCI Europe Index

UltraShort MSCI Pacific ex-Japan

NYSE: JPX

MSCI Pacific ex-Japan Index

UltraShort MSCI Brazil

NYSE: BZQ

MSCI Brazil Index

UltraShort FTSE/Xinhua China 25

NYSE: FXP

FTSE/Xinhua China 25 Index

UltraShort MSCI Japan

NYSE: EWV

MSCI Japan Index

UltraShort MSCI Mexico Investable Market

NYSE: SMK

MSCI Mexico Investable Market Index

UltraShort 7-10 Year Treasury

NYSE: PST

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

UltraShort 20+ Year Treasury

NYSE: TBT

Barclays Capital 20+ Year U.S. Treasury Index

UltraShort DJ-UBS Commodity

NYSE: CMD

Dow Jones—UBS Commodity IndexSM

UltraShort DJ-UBS Crude Oil

NYSE: SCO

Dow Jones—UBS Crude Oil Sub-IndexSM

UltraShort Gold

NYSE: GLL

Gold

UltraShort Silver

NYSE: ZSL

Silver

UltraShort Euro

NYSE: EUO

Euro/US Dollar

UltraShort Yen

NYSE: YCS

Yen/US Dollar

Ultra QQQ

NYSE: QLD

NASDAQ-100® Index

Ultra Dow30

NYSE: DDM

Dow Jones Industrial AverageSM

Ultra S&P500

NYSE: SSO

S&P 500® Index

Ultra Russell3000

NYSE: UWC

Russell 3000® Index

Ultra MidCap400

NYSE: MVV

S&P MidCap 400 Index

Ultra SmallCap600

NYSE: SAA

S&P SmallCap 600 Index

Ultra Russell2000

NYSE: UWM

Russell 2000® Index

UltraPro S&P500

NYSE: UPRO

S&P 500® Index

Ultra Russell1000 Value

NYSE: UVG

Russell 1000® Value Index

Ultra Russell1000 Growth

NYSE: UKF

Russell 1000® Growth Index

Ultra Russell MidCap Value

NYSE: UVU

Russell Mid-Cap® Value Index

Ultra Russell MidCap Growth

NYSE: UKW

Russell Mid-Cap® Growth Index

Ultra Russell2000 Value

NYSE: UVT

Russell 2000® Value Index

Ultra Russell2000 Growth

NYSE: UKK

Russell 2000® Growth Index

Ultra Basic Materials

NYSE: UYM

Dow Jones U.S. Basic MaterialsSM Index

Ultra Consumer Goods

NYSE: UGE

Dow Jones U.S. Consumer GoodsSM Index

Ultra Consumer Services

NYSE: UCC

Dow Jones U.S. Consumer Services SM Index

Ultra Financials

NYSE: UYG

Dow Jones U.S. FinancialsSM Index

Ultra Health Care

NYSE: RXL

Dow Jones U.S. Health CareSM Index

Ultra Industrials

NYSE: UXI

Dow Jones U.S. IndustrialsSM Index

Ultra Oil & Gas

NYSE: DIG

Dow Jones U.S. Oil & Gas SM Index

Ultra Real Estate

NYSE: URE

Dow Jones U.S. Real Estate IndexSM

Ultra Semiconductors

NYSE: USD

Dow Jones U.S. SemiconductorsSM Index

Ultra Technology

NYSE: ROM

Dow Jones U.S. Technology SM Index

Ultra Telecommunications

NYSE: LTL

Dow Jones U.S. Select Telecommunications IndexSM

Ultra Utilities

NYSE: UPW

Dow Jones U.S. Utilities SM Index

Ultra DJ-UBS Commodity

NYSE: UCD

Dow Jones—UBS Commodity IndexSM

Ultra DJ-UBS Crude Oil

NYSE: UCO

Dow Jones—UBS Crude Oil Sub-IndexSM

Ultra Gold

NYSE: UGL

Gold

Ultra Silver

NYSE: AGQ

Silver

Ultra Euro

NYSE: ULE

Euro/US Dollar

Ultra Yen

NYSE: YCL

Yen/US Dollar

Ultra MSCI EAFE

NYSE: EFO

MSCI EAFE Index

Ultra MSCI Emerging Markets

NYSE: EET

MSCI Emerging Markets Index

Ultra FTSE/Xinhua China 25

NYSE: XPP

FTSE/Xinhua China 25 Index

Ultra MSCI Japan

NYSE: EZJ

MSCI Japan Index



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.
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

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