Legal Opinion
Elite Aviation LLC v. Credit Suisse AG
Court of Appeals for the Second Circuit
Decided December 16, 2014No. 14-2241PublishedCited by 8 opinions
1Opinion of the Court
SUMMARY ORDER
Plaintiffs-Appellants Elite Aviation LLC and Endless H3 appeal from an order and judgment dismissing their complaint for failure to state a claim pursuant to Federal Rule of Civil Procedure 12(b)(6).1 See In *38re TVIX Secs. Litig., 25 F.Supp.3d 444, 2014 WL 2575776 (S.D.N.Y. June 9, 2014). We assume the parties’ familiarity with the underlying facts, procedural history, and issues on appeal.
Plaintiffs in this putative class action allege that they purchased Velocity Shares Daily 2x VIX Short Term Exchange Traded Notes (TVIX ETNs) pursuant to a Registration Statement, Prospectus,…
2Cases cited4 opinions
- In Re Morgan Stanley Information Fund SecuritiesCourt of Appeals for the Second Circuit · 2010
- Litwin v. Blackstone Group, L.P.Court of Appeals for the Second Circuit · 2011
- In Re ProShares Trust Sec. Litig.Court of Appeals for the Second Circuit · 2013
- In re TVIX Securities LitigationDistrict Court, S.D. New York · 2014
3Cited by8 opinions
- Singh v. SchikanDistrict Court, S.D. New York · 2015
- Chahal v. Credit Suisse Group AGDistrict Court, S.D. New York · 2019
- Gomez v. Credit Suisse AGDistrict Court, S.D. New York · 2023
- In Re Norfolk Southern Corporation Bond/Note Securities LitigationDistrict Court, S.D. New York · 2025
- Lematta v. Casper Sleep, Inc.District Court, E.D. New York · 2022
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