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About time someone went after them.

Posted by goldielocks @ 18:15 on September 22, 2022  

Xu Law Offices P.C. Announces It Filed First Securities Class Action Lawsuit Against Direxion Shares ETF Trust on Behalf of Investors who Purchased, Invested or Acquired Shares in NUGT, JNUG, or other Direxion leveraged ETFs

Flushing, NY, July 26, 2022 –(PR.com)– On June 16, 2022, Xu Law Offices P.C. filed the first class action lawsuit against Direxion Shares ETF Trust and others in the United States District Court for the Southern District of New York on behalf of all investors who purchased, invested or acquired shares of the Direxion Daily Gold Miners Index Bull 2X Shares (the “NUGT,” formerly “Direxion Daily Gold Miners Index Bull 3X Shares” before March 31, 2020), Daily Junior Gold Miners Index Bull 2X Shares (the “JNUG,” formerly “Daily Junior Gold Miners Index Bull 3X Shares” before March 31, 2020), and other Direxion leveraged ETFs, 3X or 2X actively managed exchange-traded funds (“ETFs” or “Funds”) during the Class Period of December 1, 2016 through November 30, 2021 for Exchange Act Section 10(b) claim, no class period for Exchange Act Section 20A claim, and during the period of December 1, 2018 through November 30, 2021 for all other claims….

https://www.pr.com/press-release/866122

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.