BOSTON, MA / ACCESSWIRE / May 29, 2020 / Today, Bloomberg reported that the "Securities and Exchange Commission and the Commodity Futures Trading Commission have both opened probes" into United States Oil Fund, LP (USO), resulting from allegations that USO may have issued materially misleading business information to the investing public. USO has lost approximately 75% of its value in the two months ended April 30, 2020. The investigations center around whether the USO Fund's risks were properly disclosed to investors.
Block & Leviton LLP (www.blockesq.com), a national securities litigation firm, has launched an investigation into whether USO and certain of its executives may be liable for potential securities fraud.
If you purchased or acquired shares of USO and have questions about your legal rights or possess information relevant to this matter, please contact Block & Leviton attorneys at (617) 398-5600, via email at email@example.com, or at https://shareholder.law/cases/?case=uso.
Block & Leviton LLP is a firm dedicated to representing investors and maintaining the integrity of the country's financial markets. The firm represents many of the nation's largest institutional investors as well as individual investors in securities litigation throughout the United States. The firm's lawyers have recovered billions of dollars for its clients.
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SOURCE: Block & Leviton LLP
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