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ProShares UltraShort Oil & Gas (ETF) Investor Lawsuit

Class Action Lawsuit on behalf of ProShares UltraShort Oil & Gas (ETF) (Public, NYSE:DUG) over alleged securities laws violations by ProShares Trust – Deadine: November 24, 2009 - Contact us at mail@shareholdersfoundation.com

FOR IMMEDIATE RELEASE

 
mail@shareholdersfoundation.com
mail@shareholdersfoundation.com
PRLog (Press Release) - Oct 08, 2009 -
An investor has filed a lawsuit in the United States District Court for the District of Maryland, on behalf of Plaintiffs and all persons who purchased or otherwise acquired shares in the following ProShares Funds: UltraShort Real Estate Fund (AMEX: SRS), UltraShort Financials (AMEX: SKF), UltraShort Oil and Gas (AMEX: DUG), Ultra Financials (AMEX: UYG), UltraShort S&P 500 (AMEX: SDS), UltraShort Emerging Markets (AMEX: EEV), UltraShort FTSE/Xinhua (AMEX: FXP), UltraShort DJ - AIG - Crude Oil (AMEX: SCO) against ProShares Trust, ProShare Advisors LLC and others over alleged violations of federal securities laws.

If you bought shares in any of the following ProShares Funds: UltraShort Oil and Gas (AMEX: DUG), UltraShort Real Estate Fund (AMEX: SRS), UltraShort Financials (AMEX: SKF), Ultra Financials (AMEX: UYG), UltraShort S&P 500 (AMEX: SDS), UltraShort Emerging Markets (AMEX: EEV), UltraShort FTSE/Xinhua (AMEX: FXP), UltraShort DJ - AIG - Crude Oil (AMEX: SCO), you have certain options and there are strict and short deadlines running. Deadline: November 24, 2009 for ProShares DUG, UYG, SDS, FXP, SCO Funds, November 4, 2009 ProShares EEV Fund, and October 5, 2009 ProShares SRS and SKF Funds. Those investors should contact the Shareholders Foundation, Inc. at:

Email: mail@shareholdersfoundation.com

or: +1 (858) 779 – 1554

The above stated ProShares Funds are exchange-traded funds ("ETF") offered by ProShares Trust. According to the complaint the plaintiff alleges that investors in those funds were damaged pursuant or traceable to ProShares Trust' false and misleading Registration Statement, Prospectuses, and Statements of Additional Information and defendants violated the  Sections 11 and 15 of the Securities Act of 1933 by failing to disclose that these funds were altogether defective as a securities product and as directional investment play.

Those who bought shares in any of the following ProShares Funds: UltraShort Oil and Gas (AMEX: DUG), UltraShort Real Estate Fund (AMEX: SRS), UltraShort Financials (AMEX: SKF), Ultra Financials (AMEX: UYG), UltraShort S&P 500 (AMEX: SDS), UltraShort Emerging Markets (AMEX: EEV), UltraShort FTSE/Xinhua (AMEX: FXP), UltraShort DJ - AIG - Crude Oil (AMEX: SCO), have certain options and there are strict and short deadlines running. Deadline: November 24, 2009 for ProShares DUG, UYG, SDS, FXP, SCO Funds, November 4, 2009 ProShares EEV Fund, and October 5, 2009 ProShares SRS and SKF Funds. Those investors should contact the Shareholders Foundation, Inc. at:

Email: mail@shareholdersfoundation.com

or: +1 (858) 779 – 1554

Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423 -
92108 San Diego
Tel:+1-(858)-779-1554
Fax:+1-(858)-605-5739
mail@shareholdersfoundation.com
www.ShareholdersFoundation.com
_____________________________________________________________________________________

Photo:
http://www.prlog.org/10367719/1

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Advertising. The Shareholders Foundation, Inc. is an investor advocacy group. We do research related to shareholder issues and inform investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. At Shareholders Foundation, Inc. we are in contact with a large number of shareholders. We believe that together we can combine the interests of many investors, and use the size of our interest as leverage against the giant corporations. We offer help, support, and assistance for every shareholder. We help investors find answers to their questions and equitable solutions to their problems. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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Contact Email:
***@shareholdersfoundation.com Email Verified
Source:Shareholders Foundation, Inc.
Phone:+1-(858)-779-1554
Fax:+1-(858)-605-5739
Address:3111 Camino Del Rio North - Suite 423 -
Zip:92108
City/Town:San Diego
State/Province:California
Country:United States
Industry:Banking, Business, Finance
Tags:, , , proshares ultrashort oil gas, nyse dug
Last Updated:Oct 07, 2009
Shortcut:http://prlog.org/10367719
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