2009-09-28 17:47:45 - Class Action Lawsuit on behalf of ProShares UltraShort DJ-UBS Crude Oi ETF (Public, NYSE:SCO) over alleged securities laws violations by ProShares Trust – Deadine: November 24, 2009 - Contact the Shareholders Foundation at mail@shareholdersfoundation.com

An investor has filed a lawsuit in the United States District Court for the District of Maryland, on behalf of Plaintiffs and all persons who purchased or otherwise acquired shares in the following ProShares Funds: UltraShort Real Estate Fund (AMEX: SRS), UltraShort Financials (AMEX: SKF), UltraShort Oil and Gas (AMEX: DUG), Ultra Financials (AMEX: UYG), UltraShort S&P 500 (AMEX: SDS), UltraShort Emerging Markets (AMEX: EEV), UltraShort FTSE/Xinhua (AMEX: FXP), UltraShort DJ - AIG - Crude Oil (AMEX: SCO) against ProShares Trust, ProShare Advisors LLC and others over alleged violations of federal securities laws.

If you bought shares in any of the following ProShares Funds: UltraShort DJ - AIG - Crude Oil (AMEX: SCO), UltraShort Real Estate Fund (AMEX: SRS), UltraShort Financials

(AMEX: SKF), UltraShort Oil and Gas (AMEX: DUG), Ultra Financials (AMEX: UYG), UltraShort S&P 500 (AMEX: SDS), UltraShort Emerging Markets (AMEX: EEV), UltraShort FTSE/Xinhua (AMEX: FXP), you have certain options and there are strict and short deadlines running. Deadline: November 24, 2009 for ProShares DUG, UYG, SDS, FXP, SCO Funds, November 4, 2009 ProShares EEV Fund, and October 5, 2009 ProShares SRS and SKF Funds. Those investors should contact the Shareholders Foundation, Inc. at email: mail(at)shareholdersfoundation.com or: +1 (858) 779 – 1554. The above stated ProShares Funds are exchange-traded funds ("ETF") offered by ProShares Trust. According to the complaint the plaintiff alleges that investors in those funds were damaged pursuant or traceable to ProShares Trust' false and misleading Registration Statement, Prospectuses, and Statements of Additional Information and defendants violated the Sections 11 and 15 of the Securities Act of 1933 by failing to disclose that these funds were altogether defective as a securities product and as directional investment play. Those who bought shares in any of the following ProShares Funds: UltraShort DJ - AIG - Crude Oil (AMEX: SCO), UltraShort Real Estate Fund (AMEX: SRS), UltraShort Financials (AMEX: SKF), UltraShort Oil and Gas (AMEX: DUG), Ultra Financials (AMEX: UYG), UltraShort S&P 500 (AMEX: SDS), UltraShort Emerging Markets (AMEX: EEV), UltraShort FTSE/Xinhua (AMEX: FXP), have certain options and there are strict and short deadlines running. Deadline: November 24, 2009 for ProShares DUG, UYG, SDS, FXP, SCO Funds, November 4, 2009 ProShares EEV Fund, and October 5, 2009 ProShares SRS and SKF Funds. Those investors should contact the Shareholders Foundation.