Company: EUO
Filing Date: 2025-03-28
Form Type: 424B3
Source: 0001193125-25-065647
Chunk: 178

Company: ProShares Trust II
Filing Date: 2025-03-28
Form: 424B3
Chunk 178
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 directors, but did not make an additional award for attorney’s fees. A final judgment was entered on February 19, 2015 in the amount of US$93 million plus post judgment interest. RBC Capital appealed the Court of Chancery’s determination of liability and quantum of damages, and the plaintiffs cross-appealed the ruling on additional attorneys’ fees. On November 30, 2015, the Delaware Supreme Court affirmed the Court of Chancery with respect to both the appeal and cross-appeal. RBC Capital is cooperating with an investigation by the SEC relating to this matter. In particular, the SEC contended that RBC Capital caused materially false and misleading information to be included in the proxy statement that Rural filed to solicit shareholder approval for the sale in violation of section 14(A) of the Exchange Act and Rule 14A-9 thereunder. On August 31, 2016, RBC Capital was ordered by the SEC to cease and desist and paid $500,000 in disgorgement, plus interest of $77,759 and a civil penalty of $2 million. Please see RBC’s Form BD, which is available on the FINRA BrokerCheck program, for more details. Included by the Sponsor from the NFA Website and/or the SEC Website, and not provided by RBC CME Case #: 23-CH-2313. Pursuant to an offer of settlement in which RBC Capital Markets, LLC (“RBCCM”) consented to entry of findings by the Clearing House Risk Committee (“CHRC”) but neither admitted nor denied the findings or the rule violations upon which the penalty is based, on January 18, 2024, the CHRC found that RBCCM: (1) contractually agreed for margin calls to be met in a timeframe that was longer than one business day; and (2) contractually agreed to a period of time during which the firm’s full discretion to determine when and under what circumstances positions could be liquidated was restricted. The CHRC thereby concluded that RBCCM violated CME Rules 930.E.1. and 930.K.1. The CHRC also found that RBCCM has since amended the relevant customer agreement language. In accordance with the settlement offer, the CHRC imposed a $25,000 fine. Effective Date: January 19, 2024. CME Case #: 23-CH-2322. Pursuant to an offer of settlement in which RBC Capital Markets,