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XIV INVESTOR ALERT: Gibbs Law Group Files Class Action Lawsuit on Behalf of Investors in Credit Suisse VelocityShares Daily Inverse VIX Short Term ETNs


XIV Investors Are Encouraged to Contact the Firm for Information
About their Rights

Gibbs Law Group has filed a class action lawsuit against Credit Suisse
AG and Janus Index & Calculation Services LLC on behalf of investors of
Credit Suisse VelocityShares Daily Inverse VIX Short Term ETNs (Nasdaq: XIV) who invested between January 29, 2018 and February 5, 2018. The
lawsuit seeks to recover damages for XIV investors under the federal
securities laws.

To speak privately with an attorney regarding the XIV lawsuit

On February 5, 2018, investors incurred massive losses when XIV plunged
more than 90% in after-hours trading, precipitously dropping in value
from a trading-day close of $99 at 4pm down to a low of $10 at 6:30pm,
with an ultimate end price of $15.43. The following day, Credit Suisse
announced that it would exercise its option to trigger an acceleration
event, effectively shutting the security down as of February 21, 2018,
and causing significant harm to investors.

The lawsuit alleges that the XIV offering documents were materially
false and misleading because they failed to disclose that:

1. The Intraday Indicative Value of the notes was not updated every 15
seconds based on the relevant index real time calculation of the
relevant index (SPVXSPID) applying the real time prices of the relevant
VIX futures contracts;

2. The Intraday Indicative Value was not an accurate gauge of the
economic value of the Notes; and

3. The Intraday Indicative Value did not reflect the proper calculation
of that metric.

"Investors are entitled to truthful information, so they can make
informed decisions about the securities in which they invest," said Eric
Gibbs, one of the lead attorneys. "The defendants' failure to provide
accurate, up-to-date information about the Intraday Indicative Value as
promised in the prospectus resulted in significant harm to investors."

If you purchased or acquired XIV and would like to speak privately
with a securities attorney to learn more about the XIV lawsuit
investigation or your legal rights as an investor, please visit our
or contact the securities team directly at (800) 254-9493.

Investors who bought XIV during the Class Period and sustained damages
may seek to be appointed as a lead plaintiff in the action by filing a
motion with the Court no later than May 14, 2018.

About Gibbs Law Group

Gibbs Law Group is a national litigation firm representing investors,
businesses, municipalities and unions in class and individual actions in
state and federal courts throughout the country. The firm has recovered
over a billion dollars for its clients against some of the world's
largest corporations, and our attorneys have been honored for the
quality of their work and legal achievements with recognition in the Best
Lawyers in America
 list for five consecutive years.

This press release may constitute Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

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