United Development Funding IV Investors Represented by Peiffer Wolf Lawyers File Arbitration Claims Against Broker-Dealers That Sold UDF Products

United Development Funding IV investors represented by Peiffer Wolf investor right lawyers have started filing claims against brokerage firms that sold them unsuitable UDF products. The Peiffer Wolf attorneys overseeing the securities arbitration claims filed on behalf of clients, Jason Kane and James Booker, are working to file additional claims on behalf of many other… Read more »

United Development Funding IV Suspended from NASDAQ, Fails to File Financial Statements, Receives Wells Notice; Peiffer Wolf Lawyers Filing More UDF Investor Cases

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United Development Funding investors are continuing to contact the Peiffer Wolf law firm in the wake of the news regarding UDF’s receipt of a Wells Notice from the Securities and Exchange Commission and UDF IV being suspended from trading on Nasdaq. Hundreds of UDF investors have contacted the Peiffer Wolf investor right lawyers.  The Peiffer… Read more »

United Development Funding IV Experiences Events of Default; Suspends Distributions to Shareholders

United Development Funding IV (“UDF IV”), a Texas-based real estate investment trust announced in a May 23, 2016 filing with the Securities and Exchange Commission that it had experienced “certain events of default” and entered into a forbearance agreement with one of its lenders regarding a $35 million loan that originated on July 2, 2014…. Read more »

United Development Funding IV — Ponzi Scheme Allegations

United Development Funding, Grapevine-based Real Estate Investment Firm, Raided by FBI, Accused of Running $1-Billion “Ponzi-like scheme” FBI Agents were recently seen carrying boxes of evidence out of the Texas offices of Grapevine-based real estate investment firm United Development Funding (UDF), following allegations against the company by Dallas hedge fund manager Kyle Bass currently under… Read more »