Print Email Reprints Share

The law offices of Stanley, Mandel & Iola and Wolf, Haldenstein Adler Freeman & Herz are beating the bushes to see if they can wrangle enough retail investors who lose money in leveraged and inverse ETFs to file a class-action lawsuit.

They note that the majority of the funds are offered by ProShares, Rydex and Direxion and attest that because of their drift over time from the underlying index due to their leveraging, their volatility is even greater in volatile markets and they have the potential to sap investors’ money.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.
Learn More

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.
Get 3-Week Free Trial