SAN FRANCISCO--(BUSINESS WIRE)--Brownstein Law Group, PC, a San Francisco law firm focused on complex litigation, announces that it is investigating potential securities claims on behalf of purchasers who held or traded S&P 500 (“SPX”) option contracts (“SPX Options”), CBOE Volatility Index (“VIX”) option contracts (“VIX Options”), futures based on the VIX (“VIX Futures”), or VIX Exchange Traded Products (“VIX ETPs”) on exchanges run by Cboe Global Markets, Inc. (formerly known as CBOE Holdings, Inc.) and its affiliates (“CBOE”).
The investigation will focus on allegations that CBOE participated with others to manipulate the VIX “fear gauge” in a systematic manner during the 2004 to 2018 timeframe, causing economic damages to investors who traded in VIX futures, options and certain other VIX derivatives. As a consequence of these activities, it is alleged that CBOE and a few of its preferred traders violated the Securities Exchange Act of 1934, the Commodity Exchange Act and the Sherman Act.
Brownstein Law Group is preparing a class action lawsuit to recover losses suffered by holders and purchasers of VIX products. If you purchased SPX Options, VIX Options, VIX Futures, or VIX ETPs and would like to join the class action, please contact M. Ryder Thomas of Brownstein Law Group, PC at 877-627-6116 or via email at firstname.lastname@example.org.
Brownstein Law Group is a national law firm specializing in complex litigation. We aggressively, yet professionally, represent businesses, individual, and class clients involved in disputes across a variety of subject matters.