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More ETFs Get Sued

New lawsuits are adding to leveraged ETF woes, putting ProShares' UltraShort MSCI Emerging Markets (NYSEARCA:EEV) and UltraShort Financials ETF (NYSEARCA:SKF) under fire. The new lawsuits, which criticize ProShares' disclosure about these ETFs, come in the wake of a lawsuit against the ProShares UltraShort Real Estate (NYSEARCA:SRS) and criticism of leveraged funds at large.

 

Both complaints allege…READ MORE

Stocks: EEV, SKF, SRS, FAS, FAZ