Company: EUO
Filing Date: 2025-03-27
Form Type: 424B3
Source: 0001193125-25-065644
Chunk: 240

Company: ProShares Trust II
Filing Date: 2025-03-27
Form: 424B3
Chunk 240
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 Court for the Southern District of New York by alleged direct market participants claiming a violation of antitrust law related to alleged manipulation of the secondary trading market for Euro-denominated Sovereign bonds. The complaint seeks treble damages and attorneys’ fees. The case is in the early stages. DBAG is also a defendant in putative class actions filed on November 7, 2017, and December 5, 2017, in the Ontario Superior Court of Justice and Federal Court of Canada, respectively, claiming violations of antitrust law and the common law relating to alleged manipulation of secondary trading of SSA bonds. The complaints seek compensatory and punitive damages. On July 20, 2022, DBAG entered into a national

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settlement agreement that would resolve the Federal SSA Claim against all Deutsche Bank defendants. The settlement agreement remains subject to approval by the Federal Court of Canada. In March 2018, alleged market participants filed a class action relating to Mexican government bond trading. In October 2019, the court granted defendants’ motion to dismiss plaintiffs’ consolidated amended complaint without prejudice. In December 2019, plaintiffs filed a Second Amended Complaint against DB Mexico, which the court dismissed without prejudice on November 30, 2020. On May 20, 2021, plaintiffs filed a motion for reconsideration, which was denied on March 30, 2022. On September 15, 2022, plaintiffs-appellants noticed an appeal to the Second Circuit. Briefing on appeal was complete on February 27, 2023. On October 27, 2023, the Second Circuit heard oral argument on the appeal. On February 9, 2024, the Second Circuit reversed the lower court’s decision granting the motion to dismiss on jurisdictional grounds and remanded for further proceedings. Plaintiffs filed a further amended complaint on June 12, 2024 (Defendants filed a motion to dismiss on July 29, 2024). On January 22, 2021, DBAG was notified that the Mexican competition authority, COFECE, reached a resolution that imposes fines against DB Mexico and two of its former traders, as well as six other financial institutions and nine other traders, for engaging in alleged monopolistic practices in the Mexican government bond secondary market DB Mexico has appealed. The fine against DB Mexico was approximately $427,000. Tax-Related Litigation Over the past several years, DBAG and certain of its affiliates, including the Corporation, along with current