PROSHARES ULTRA FINANCIALS
SymbolUYG

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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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