UPCOMING DEADLINE: JULY 24, 2012 - The Law Firm Of Levi & Korsinsky Notifies Investors With Losses On Their Investment In TVIX Exchange Traded Notes Of Class Action Lawsuit And Upcoming Deadline To Seek A Lead Plaintiff Position
Levi & Korsinsky announces that a class action lawsuit has been commenced on behalf of investors who purchased VelocityShares Daily 2x VIX Short Term Exchange Traded Notes linked to the S&P 500 VIX Short-Term Future Index (“TVIX”) (NYSE Arca: TVIX) between November 30, 2010 and March 22, 2012 (the “Class Period”).
For more information, click: http://zlk.9nl.com/tvix-exchange-traded-notes-tvix. There is no cost or obligation to you.
LEAD PLAINTIFF FILING DEADLINE: July 24, 2012
The complaint alleges, among other things, that Credit Suisse AG understated the risks associated with exchange traded notes such as TVIX, and that its offering documents failed to fully inform investors of the losses that could occur if Credit Suisse reached the limit of such notes it could offer and stopped issuing them.On February 21, 2012, the price of TVIX increased in price and became scarcer after Credit Suisse announced it had “temporarily suspended further issuances of the [VIX ETNs] due to internal limits on the size of VIX ETNs.” When this suspension was rescinded on March of 2012, the price of TVIX fell again. Then on March 29, 2012, it was disclosed that the FINRA was investigating the trading in TVIX and other exchange traded notes, and that the Massachusetts securities regulator was looking into the VIX ETNs’ February and March 2012 transactions. If you suffered a loss in TVIX you have until July 24, 2012 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (877) 363-5972, or visit http://zlk.9nl.com/tvix-exchange-traded-notes-tvix. Levi & Korsinsky is a national firm with offices in New York and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV