Thieler Law Corp advises investors with losses exceeding $100,000 of the April 5, 2019 lead plaintiff deadline in a class action lawsuit filed against VelocityShares Daily Inverse VIX Medium Term Exchange Traded Notes (NASDAQ: ZIV) (“ZIV” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased VelocityShares Daily Inverse VIX MT ETN securities between June 30, 2017 and February 5, 2018, have until April 5, 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 VelocityShares Daily Inverse VIX MT ETN 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 during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that the inverse ETNs was not appropriate for managing daily trading risks; Credit Suisse had designed the ZIV to fail under certain market conditions; Credit Suisse had offered and sold more inverse ETNs than the market could bear which would enable Credit Suisse to cause the collapse of the inverse ETNs.

When these previously undisclosed adverse facts became known, the price of ZIV dropped from $85.41 to $68.50 on abnormally high trading volume between February 2, 2018 and February 6, 2018 when these.

If you were negatively impacted by your investment in VelocityShares Daily Inverse VIX Medium Term Exchange Traded Notes securities between June 30, 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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