Tagged with "UDF"

United Development Fund Settles with the SEC Over Fraudulent Activities

Posted on July 9th, 2018 at 8:47 AM
United Development Fund Settles with the SEC Over Fraudulent Activities

The United Development Funding III, L.P. and United Development Funding IV, L.P. (collectively “UDF”) has agreed to settle with the SEC over allegations that the company and its funds have been operating for several years like a Ponzi-scheme.

Read More »

Hedge Fund Attacks Texas REIT as ‘Ponzi-Like Scheme’

Posted on February 19th, 2016 at 12:19 PM
Hedge Fund Attacks Texas REIT as ‘Ponzi-Like Scheme’

This past week, Texas Hedge fund manager Kyle Bass has stepped up his conflict with United Development Funding IV (UDF), a public nontraded real estate investment trust also based within Texas. Bass, who runs Hayman Capital, recently disclosed that he is an anonymous short seller going after UDF.

Read More »

TESTIMONIALS

Previous
Next

You guys are good!

Mike L.

LATEST NEWS AND ARTICLES

April 23, 2024
Surge Predicted in Regulation Best Interest Cases

According to a recent analysis, Reg BI-related actions quickly have ascended to the top five issues for FINRA, with fines totaling $6 million in 2023.

April 22, 2024
FINRA Fines Independent Broker-Dealers Over Cybersecurity Lapses

The Financial Industry Regulatory Authority (FINRA) has imposed fines and censured independent broker-dealers Osaic Wealth and Securities America for cybersecurity deficiencies that led to hackers accessing the private information of more than 32,000 customers.

April 19, 2024
WealthFeed Raises Funds for AI-Driven Lead Generation Tool

WealthFeed leverages proprietary AI technology to collect nine real-time financial data points, including business sales, capital raises, inheritances, and job changes.