Securities Litigation and Consulting Group, Inc. Releases Material Misrepresentations in XIV’s Prospectus Led to More than $700 Million in Losses

March 12, 2018

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WASHINGTON, March 12, 2018 /PRNewswire/ — Securities Litigation and Consulting Group, Inc. (“SLCG”) has issued a report on the collapse of XIV on February 5, 2018.  XIV lost 97% of its value or approximately $2 billion in a single day. Credit Suisse announced the following morning that it…

Category: Precious Metals