In re TVIX Securities Litigation
District Court, S.D. New York
1Opinion of the Court
Opinion and Order
LAURA TAYLOR SWAIN, District Judge.
This consolidated case is a putative class action brought on behalf of investors who purchased Velocity Shares Daily 2x VIX Short Term Exchange Traded Notes1 (“TVIX ETNs”) between November 30, 2010, the date on which the TVIX ETNs were first offered, and the date of the Complaint in this action (the “Class Plaintiffs”), with certain claims brought only on behalf of a subclass consisting of investors who purchased TVIX ETNs between February 22, 2012, and March 22, 2012, while there was a temporary suspension of the issuance of TVIX ETNs (the…
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