This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Notice to Investors of Class Action Filed by Gilman and Pastor LLP Against ProShares UltraShort Oil and Gas Fund (AMEX: DUG) and ProShares Ultra Financials Fund (AMEX: UYG) 2009-10-27 11:11 ET - News Release Also News Release (U-DUG) PROSHARES ULTRASHORT OIL & GAS
BONITA SPRINGS, FL
-- (MARKET WIRE)
-- 10/27/09 
Gilman and Pastor LLP filed two class
action lawsuits on October 23, 2009 in the United States District Court for
the Southern District of New York, on behalf of all persons who purchased
or otherwise acquired shares in the UltraShort Oil and Gas Fund (the "DUG"
Fund) (AMEX: DUG) and Ultra Financials ProShares Fund (the "UYG Fund")
(AMEX: UYG) (collectively "the Funds"), exchange-traded funds ("ETFs")
offered by ProShares Trust ("ProShares"), pursuant or traceable to
ProShares' false and misleading Registration Statement, Prospectuses, and
Statements of Additional Information (collectively, the "Registration
Statement") issued in connection with the Funds' shares (the "Class"). The
Class is seeking recovery for investors under Sections 11 and 15 of the
Securities Act of 1933 (the "Securities Act").
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