NEW YORK--(BUSINESS WIRE)--The Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of investors of Pimco Total Return Active ETF (NYSEArca:BOND) resulting from allegations that BOND and its investment manager, Pacific Investment Management Company LLC ("PIMCO"), may have issued materially misleading business information to the investing public.
On August 3, 2015, PIMCO announced that it has received a Wells Notice from the U.S. Securities and Exchange Commission (“SEC”), which indicates a preliminary determination by SEC staff to recommend the commencement of a civil action against PIMCO stemming from a nonpublic investigation of BOND. This matter primarily concerns the valuation of smaller sized positions in non-agency mortgage-backed securities BOND purchased between its inception on February 29, 2012 and June 30, 2012, the fund's performance disclosures for that period, and the firm's compliance policies and procedures related to these matters.
The Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by BOND investors. If you purchased shares of BOND on or before August 3, 2015, please visit the firm’s website at http://rosenlegal.com/cases-688.html for more information. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via email at email@example.com or firstname.lastname@example.org.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
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New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
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