Company: EUO
Filing Date: 2025-03-28
Form Type: 424B3
Source: 0001193125-25-065648
Chunk: 224

Company: ProShares Trust II
Filing Date: 2025-03-28
Form: 424B3
Chunk 224
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 its name to Marex Capital Markets Inc. (formerly E D & F Man Capital Markets Inc.) (“MCM” or the “Firm”). The

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U.S. Commodity Futures Trading Commission (“CFTC” or the “Commission”) requires each futures commission merchant (“FCM”), including the Firm, to provide the following information to a customer prior to the time the customer first enters into an account agreement with the FCM or deposits money or securities (collectively, “funds”) with the FCM. Except as otherwise noted below, the information set out is as of October 9,2023. The Firm will update this information annually and as necessary to take account of any material change to its business operations, financial condition or other factors that the Firm believes may be material to a customer’s decision to do business with the Firm. Nonetheless, the Firm’s business activities and financial data are not static and will change in non-material ways frequently throughout any 12-month period. Except as indicated below, there have been no material civil, administrative, or criminal proceedings pending, on appeal, or concluded against Marex Capital Markets Inc. or its principals in the past five (5) years. United States District Court for the Southern District of New York, Civil Action No. 19-CV-8217 In a private litigation, plaintiffs allege, among other things, that the Firm made certain fraudulent misrepresentations to them that they relied upon in connection with a futures account carried by the Firm in its capacity as a futures commission merchant. The plaintiffs allege claims of common law fraud, negligence, breach of fiduciary duty, breach of contract, breach of the duty of good faith and fair dealing and misrepresentation/omission and seek compensatory damages of approximately $2,029,659 plus interest, costs, attorneys’ fees and punitive damages. The Firm filed an Amended Answer and a Counterclaim in which the Firm denies the substantive allegations against it and asserted a counterclaim for breach of contract, indemnification and legal fees. On June 30, 2021, the Firm received the Opinion and Order in which the judge ruled against the plaintiffs and in favor of the Firm. Judgment was entered in favor of the Firm in the amount of $1,762,266.57, plus prejudgment interest and attorney’s fees and costs. On September 29, 2021, the Firm received an Opinion and Order in which the judge awarded the Firm $1,402,234.32 in attorneys’ fees