Tag: Bloomberg

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against ProShares Ultra Bloomberg Crude Oil (UCO)

Shareholders with $1,000,000 in losses or more are encouraged to contact the firm

The Law Offices of Frank R. Cruz reminds investors of the upcoming September 28, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased ProShares Ultra Bloomberg Crude Oil (“UCO” or the “Fund”) (NYSEArca: UCO) securities between March 6, 2020 and April 27, 2020, inclusive (the “Class Period”).

If you are a shareholder who suffered a loss, click here to participate.

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that extraordinary market volatility caused by decreased demand for oil from the coronavirus pandemic and increased oil supply and diminished oil prices caused

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Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against ProShares Ultra Bloomberg Crude Oil (UCO)

LOS ANGELES, Aug. 24, 2020 (GLOBE NEWSWIRE) — Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming September 28, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of ProShares Ultra Bloomberg Crude Oil (“UCO” or the “Fund”) (NYSEArca: UCO ) securities between March 6, 2020 and April 27, 2020, inclusive (the “Class Period”).

If you suffered a loss on your UCO investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at https://www.glancylaw.com/cases/proshares-ultra-bloomberg-crude-oil/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material

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