April 21, 2017 Comments (0) Current Investigations

UDF III Secondary Market Offer

UDF III
(Last Updated On: April 21, 2017)

Recovery of Investment Losses in UDF III

Have you suffered losses investing in UDF III? If so, the attorneys at The White Law Group may be able to help you recover your losses by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.

United Development Funding III LP operates as a real estate investment firm for institutional investors. The Company’s investment strategy if based on financing and acquiring land for median-priced residential homes, according to Bloomberg.

According to their website, “Historically available to large institutional investors, UDF III offers the individual investor the opportunity to participate in an attractive alternative to traditional real estate investments. Our investment approach for UDF III is based on an established business model, extensive real estate finance experience and strategic, long-standing relationships in the housing industry.”

Investigation of UDF III

The White Law Group continues to investigate the liability that brokerage firms may have for recommending UDF to its clients. The firm has handled a number of claims involving UDF over the years. In those claims, the firm has alleged, among other things, that the UDF investments were

  • high-risk and unsuitable for our clients given their financial situation, needs and investment objectives,
  • that the risks of the investment were not fully disclosed to them, and
  • that the brokerage firms that sold the investments failed to conduct the proper due diligence with respect to the UDF investments (as the firms are required to do by FINRA Rules).

Secondary Market Offer

A secondary market for private placements, CFX Alternative Trading, is currently listing shares of UDF III for just $2.24 per share. This is at a significant loss to investors.

If you suffered losses investing in UDF III and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at (888) 637-5510 for a free consultation.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida. The firm represents investors in FINRA arbitration claims throughout the country. Visit the firm’s homepage to learn more about the firm’s representation of investors.