28 unchanged sentences
§ 77q(a)(3) (the “SEC Order”).
−Removed: In the SEC Order, the SEC made findings that, from April 24, 2020 to May 21, 2020, USCF and USO violated Section 17(a)(3) of 1933 Act, which provides that it is “unlawful for any person in the offer or sale of any securities to engage in any transaction,
−Removed: practice, or course of business which operates or would operate as a fraud or deceit upon the purchaser.” USCF and USO consented to entry of the SEC Order without admitting or denying the findings contained therein, except as to jurisdiction.
+Added: In the SEC Order, the SEC made findings that, from April 24, 2020 to May 21, 2020, USCF and USO violated Section 17(a)(3) of 1933 Act, which provides that it is “unlawful for any person in the offer or sale of any securities to engage in any transaction, practice, or course of business which operates or would operate as a fraud or deceit upon the purchaser.” USCF and USO consented to entry of the SEC Order without admitting or denying the findings contained therein, except as to jurisdiction.
Separately, on November 8, 2021, acting pursuant to an offer of settlement submitted by USCF, the CFTC issued an order instituting cease-and-desist proceedings, making findings, and imposing a cease-and-desist order pursuant to Section 6(c) and (d) of the CEA, directing USCF to cease and desist from committing or causing any violations of Section 4o(1)(B) of the CEA, 7 U.S.C.
−Removed: § 6o(1) (B), and CFTC Regulation 4.41(a)(2), 17 C.F.R.
+Added: and CFTC Regulation 4.41(a)(2), 17 C.F.R.
§ 4.41(a)(2) (the “CFTC Order”).
26 unchanged sentences
Morgan Securities Inc., Merrill Lynch Professional Clearing Corporation, Morgan Stanley & Company Inc., Nomura Securities International Inc., RBC Capital Markets LLC, SG Americas Securities LLC, UBS Securities LLC, and Virtu Financial BD LLC.
−Removed: The lead plaintiff has filed a notice of voluntary dismissal of its claims against BNP Paribas Securities Corporation, Citadel Securities LLC, Citigroup Global Markets Inc., Credit Suisse Securities USA LLC, Deutsche Bank Securities Inc., Morgan Stanley & Company, Inc., Nomura Securities International, Inc., RBC Capital Markets, LLC, SG Americas Securities LLC, and UBS Securities LLC.
−Removed: USCF, USO, and the individual defendants in In re:
−Removed: United States Oil Fund, LP Securities Litigation intend to vigorously contest such claims and have moved for their dismissal.
+Added: The lead plaintiff filed a notice of voluntary dismissal of its claims against BNP Paribas Securities Corporation, Citadel Securities LLC, Citigroup Global Markets Inc., Credit Suisse Securities USA LLC, Deutsche Bank Securities Inc., Morgan Stanley & Company, Inc., Nomura Securities International, Inc., RBC Capital Markets, LLC, SG Americas Securities LLC, and UBS Securities LLC.
+Added: The remaining defendants in In re:
+Added: United States Oil Fund, LP Securities Litigation filed a motion to dismiss the claims in January 2021.
+Added: On September 29, 2025, the Court granted the defendants’ motion to dismiss the class action complaint in its entirety without prejudice and granting plaintiff leave to move to amend the complaint by November 26, 2025.
+Added: USCF, USO, and the individual defendants intend to continue vigorously contesting any such claims.
Wang Class Action
23 unchanged sentences
The complaint seeks, on behalf of USO, compensatory damages, restitution, equitable relief, attorney’s fees, and costs.
−Removed: All proceedings in the Mehan Action are stayed pending disposition of the motion(s) to dismiss in In re:
+Added: All proceedings in the Mehan Action are stayed pending final disposition of the motion(s) to dismiss in In re:
United States Oil Fund, LP Securities Litigation .
20 unchanged sentences
1:20-cv-06974 and appointed co-lead counsel.
−Removed: All proceedings in In re United States Oil Fund, LP Derivative Litigation are stayed pending disposition of the motion(s) to dismiss in In re:
+Added: All proceedings in In re United States Oil Fund, LP Derivative Litigation are stayed pending final disposition of the motion(s) to dismiss in In re:
United States Oil Fund, LP Securities Litigation .
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.