ETF Fraud Law Firm

For Investors, T-Rex 2X Inverse Nvidia Daily Target ETF Losses May Be Significant. Contact our ETF Fraud Law Firm Today To Explore Your Legal Options

The ETF Fraud Law Firm of Shepherd Smith Edwards and Kantas (investorlawyers.com) is continuing to speak to investors who sustained serious losses after their broker promoted and sold the T-Rex 2X Inverse Nvidia Daily Target ETF to them. This leveraged exchange-traded fund (ETF) was always a high-risk, very speculative, volatile investment and would have likely been unsuitable for inexperienced, retail investors from the start. That doesn’t mean it would have been an appropriate investment recommendation for every accredited or sophisticated investor either.

Unfortunately, not too long T-Rex 2X Inverse Nvidia Daily Target ETF’s share price dropped by 96% when Nvidia Corp’s (NASDAQ:NVDA) stock went up by 221.08%, which may have resulted in significant investor losses. If you speak with one of our skilled ETF loss attorneys, we can help you explore your legal options during your free, initial case assessment.

T-Rex 2X Inverse Nvidia Daily Target ETF Was Always High-Risk

Inverse leveraged ETFs can be very volatile and risky, and they should only be marketed to experienced, wealthy investors who are able to weather the changes that can rapidly occur with the type of short-term trading strategy that is typically involved.

The T-Rex 2X Inverse Nvidia Daily Target ETF is meant to correspond to two times the inverse performance of Nvidia’s stock, which means the exchange-traded fund is supposed to increase in value when Nvidia’s stock declines, and vice versa. T-Rex 2X Inverse Nvidia Daily Target ETF’s exposure is reset daily, and it tries to achieve its -2x inverse performance goal each time. A compounding effect can happen, which may lead to magnified gains or losses.

Our ETF fraud lawyers are investigating whether brokerage firms unsuitably recommended T-Rex 2X Inverse Nvidia Daily Target ETF to clients. If this proves to be the case, and you sustained serious losses, you may be able to sue for damages.

For years, the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) have warned brokerage firms about the risks and their concerns regarding leveraged ETFs. Not only that, but FINRA has told broker-dealers to make sure customers are aware of and understand the risks involved.

What Should You Do If You Sustained T-Rex 2X Inverse Nvidia Daily Target ETF Losses

Contact us today to request your free, initial case consultation. Pursuing any kind of investment loss from your financial advisor can be a challenging and complicated process, which is why you want to make sure you work with skilled leveraged inverse ETF lawyers who understand the complexity of your claim and how to maximize your chances for a full recovery.

Our securities lawyers, at Shepherd Smith Edwards and Kantas have more than 100 years of collective experience in the securities industry and securities law. We have represented investors in more than 1000 matters in arbitration, mediation, and litigation. We have secured partial or full recovery for the majority of our clients.

Proving liability can be tough, and broker-dealers have been known to try to delay or deny a claim. This could hurt you in the long run. Do NOT try to resolve your dispute directly with them and/or on your own.

Call (800) 259-9010 today.