Company: EUO
Filing Date: 2025-03-28
Form Type: 424B3
Source: 0001193125-25-065648
Chunk: 341

Company: ProShares Trust II
Filing Date: 2025-03-28
Form: 424B3
Chunk 341
---
 in the Axiom Action. Additional information concerning these actions and related actions and appeals is publicly available in court filings under the docket numbers 1:11-md-02262 (S.D.N.Y.) (Buchwald, J.) and 16-1189 and 17-1569 (2d Cir.). On May 20, 2013, an individual action captioned SALIX CAPTIAL US INC. ET AL v. BANC OF AMERICA SECURITIES LLC ET AL, was brought against Citigroup and Citibank, N.A., as well as other USD LIBOR panel banks on behalf of certain hedge funds that were parties to interest rate swap transactions. Based on allegations that the panel bank defendants manipulated USD LIBOR, plaintiffs assert claims for breach of contract, breach of the implied covenant of good faith and fair dealing, fraud, tortious interference with contract, civil conspiracy, and unjust enrichment, and seek compensatory damages. On August 4, 2015, the court granted a motion to dismiss claims against certain defendants, including Citigroup Global Markets Ltd., on merits or statute of limitations grounds. Citibank, N.A., Citigroup Inc., CGMI, and CGML were later dismissed with prejudice by joint stipulation on June 25, 2019. The stipulation was entered by the court on July 31, 2019. Additional information concerning this action is publicly available in court filings under docket number 1:13-cv-4018 (S.D.N.Y.) (Buchwald, J.). On January 15, 2019, a putative class action captioned PUTNAM BANK v. INTERCONTINENTAL EXCHANGE, INC., ET AL., was filed in the United States District Court for the Southern District of New York against the Intercontinental Exchange, Inc. (ICE), Citigroup, Citibank, CGMI, and various other banks. Plaintiff asserts claims for violations of the Sherman Act and Clayton Act and unjust enrichment based on alleged suppression of the ICE LIBOR and seeks compensatory damages, disgorgement and treble damages where authorized by statute. On January 31 and on March 4, 2019, two similar putative class actions were filed in the United States District Court for the Southern District of New York and have been consolidated with PUTNAM BANK v. INTERCONTINENTAL EXCHANGE, INC., ET AL in IN RE ICE LIBOR ANTITRUST LITIGATION. On July