Thieler Law Corp advises investors with losses exceeding $100,000 of the April 1, 2019 lead plaintiff deadline in a class action lawsuit filed against ProShares Short VIX Short-Term Futures (NYSEArca: SVXY) (“''SVXY'' or the ''Fund''). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased ProShares Short VIX Short-Term Futures securities between May 15, 2017 and February 5, 2018, have until April 1, 2019 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased ProShares Short VIX Short-Term Futures securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The Complaint alleges that, in the Registration Statement and during the Class Period, Defendants made false and misleading statements and/or failed to disclose adverse information regarding the risks of investing in the Fund. Specifically, the Registration Statement failed to disclose that the Fund was threatened with catastrophic losses as a result of the Fund’s flawed design and the low-volatility environment and acute liquidity risks that existed during the Class Period. In addition, during the Class Period, Defendants made substantially similar false and misleading statements as those contained in the Registration Statement in numerous financial reports and draft prospectuses and registration statements filed with the SEC.

On February 5, 2018, the price of SVXY had dropped to $71.82 per share, from the prior close of $105.60 per share, a 32% decline.

On February 6, 2018, the price of SVXY shares had plummeted to a low of $11.11, a one-day decline of 90% from the prior day's high of $107.19 per share.

If you were negatively impacted by your investment in ProShares Short VIX Short-Term Futures securities between May 15, 2017 and February 5, 2018 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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