Peiffer Wolf Securities Attorneys Filed a Class Action Lawsuit on Behalf of North Dakota Developments Investors
The Peiffer Wolf securities attorneys filed a class action lawsuit on behalf of North Dakota Developments, LLC (“NDD”) investors in the United States District Court for the District of North Dakota.
The Peiffer Wolf securities attorneys brought an action on behalf of NDD investors against a North Dakota law firm who, according to the class action complaint, played a pivotal role in facilitating the NDD investments.
NDD was recently sued by the Securities and Exchange Commission (“SEC”) relating to allegations that NDD and its principals defrauded investors who invested in NDD projects.
NDD sought investors to capitalize on the need for short-term housing near the Bakken shale formation. NDD offered investors the ability to purchase housing units that would be a part of a large complex and promised sizable returns in exchange for allowing an NDD-related entity to manage the units.
Investors never received the sizeable returns they were promised. Investors’ money, instead of being used for its intended purpose, was misused and converted by the NDD perpetrators.
NDD investors who wish to obtain more information about the case are invited to visit www.nddinvestors.com or contact Joe peiffer or James Booker at (216) 589-9280 or via email at firstname.lastname@example.org, or by filling out the contact form on our website, www.nddinvestors.com.