ProShares UltraShort Real Estate ETF SRS Faces Lawsuits -Video

$SRS faces class action lawsuits.. As you can see from the chart SRS tried to stay alive in July but the sharp market rally combined with leverage killed SRS violently with a hanzo sword.






*Commercial real estate news out:
Massive Maguire Properties Mortgage Default Underscores CRE Debt Maturity Challenges (CoStar)
Ratings agency cautious on office owner Maguire (Reuters)
Maguire Properties to default on 7 prime office buildings (LA Times)
Maguire to Surrender Buildings, Says No Bankruptcy (Bloomberg)
Moody's may cut Maguire CMBS, including a benchmark (Reuters)
CMBS Bankrutpcy-Remoteness Issues Escalating (Zero Hedge)