SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of PIMCO Total Return ETF - BOND
NEW YORK, Sept. 24, 2014 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of PIMCO Total Return ETF ("PIMCO" or the "Company") (NYSEArca: BOND). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 237.
The investigation concerns whether PIMCO and certain of its officers and/or directors have violated the federal securities laws.
On September 23, 2014 the Wall Street Journal reported that "the Securities and Exchange Commission is investigating whether bond giant Pacific Investment Management Co. artificially boosted the returns of a popular fund aimed at small investors, according to people familiar with the matter, the latest challenge for the firm run by investor Bill Gross." According to the Journal, the fund involved in the investigation was the Pimco Total Return ETF Bond fund.
The Pomerantz Firm, with offices in New York, Chicago, San Diego and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
SOURCE Pomerantz LLP
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