Articles Posted in ETF Investor Loss Lawyers

Did You Suffer Leveraged ETF Losses While Working With Former Ameriprise Broker George Snyder IV? Our Exchange-Traded Fund Lawyers Can Help You Determine Whether Broker Misconduct Was A Factor

While there is the potential for making huge gains with a leveraged exchange-traded fund (leveraged ETF), there is also the risk of huge losses. This can be especially devastating if you are a retail investor who was unsuitably recommended this alternative investment by your financial advisor. Shepherd Smith Edwards and Kantas (investorlawyers.com) represent ETF investors with securities fraud claims against their broker-dealers.

We are currently investigating leveraged ETF losses involving former customers of suspended Ameriprise Financial broker George Snyder IV. The ex-Missouri financial advisor recently consented to a five-month suspension term and a $10K fine to settle Financial Industry Regulatory Authority (FINRA) findings alleging that he unsuitably recommended investments—non-traded exchange-traded products (NT-ETPS), particularly leveraged ETFs—that were not in some customers’ best interests.

Did Investors Lose Money In T-Rex 2X Inverse Nvidia Daily Target ETF’s Stock Drop? Our ETF Loss Recovery Attorneys Are Investigating

If you sustained losses after your financial advisor marketed and sold the T-Rex 2X Inverse Nvidia Daily Target ETF (BATS:NVDQ) to you, contact Shepherd Smith Edwards and Kantas (investorlawyers.com) today. This exchange-traded fund (ETF) experienced a decline after Nvidia Corp’s (NASDAQ:NVDA) stock rise of 221.08%. Inversely, T-Rex 2X Inverse Nvidia Daily Target ETF share price went down by 96%.

This exchange-traded fund is meant to correspond to twice the inverse performance of Nvidia Corporation’s stock. It lets investors bet against Nvidia stock’s performance or hedge to existing long positions in Nvidia.  The T-Rex 2X Inverse Nvidia Daily Target ETF is supposed to rise in value when Nvidia’s stock price goes down. The ETF is supposed to lose value when Nvidia’s stock price goes up. Derivatives are used by the leveraged ETF to bet against Nvidia’s performance.

Our Experienced ETF Investor Loss Lawyers Represent Retail Investors, Retirees, and Sophisticated Investors

Actively Managed Exchange-Traded Fund Ranked Among The “10 Worst” of 2022

According to FinancialPlanning, actively managed exchange-traded funds (ETFs) made its list of the “10 worst-performing US ETFs of 2022.” The compilation is based on year-to-date returns as of December 27, 2022 with data coming from Morningstar Direct:

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