On Monday, February 5, 2018, we watched one of the most volatile days in the history of the stock markets and its largest single day point drop. The ProShares Short XIV Short-Term Futures ETF (NYSE ARCA: SVXY), plunged by nearly 90% in after-hours trading.
If your financial advisor had you invested in the ProShares Short VIX Short-Term Futures ETF, you may have a potential claim. We are investigating claims by investors for unsuitable investing in this ETF and financial advisors not properly disclosing the very high risks associated with this investment.
If you are an individual or institutional investor who has any concerns about the losses experienced in the SVXY or any other investments that dropped significantly in the market volatility on or around May 5th , please contact us for a no-cost and no-obligation evaluation of your specific facts and circumstances. You may have a viable claim for recovery of your investment losses by filing a securities arbitration case with FINRA.