UDF IV Investment Losses
If you have suffered losses investing in UDF IV, The White Law Group may be able to help with a FINRA arbitration claim against the brokerage firm that sold you the investment.
UDF IV is a Maryland real estate investment trust that was formed to generate current interest income by investing in secured loans and producing profits from investments in residential real estate. The trouble with non-traded REITS, like United Development Funding IV, is that they are complex and inherently risky products.
On November 8, 2016, United Development Funding IV announced the board of trustees authorized a cash distribution of $0.08 per share to shareholders of record, as of November 18, 2016, payable on November 28, 2016.
The White Law Group continues to investigate the liability brokerage firms may have for selling UDF IV.
If a broker overlooks suitability requirements, investors may have an actionable claim to recover their losses in a product in a claim through FINRA dispute resolution. The White Law Group has handled dozens of FINRA arbitration claims against brokerage claims involving those firms improper sale of UDF investments, including UDF III and UDF IV.
Brokers have a fiduciary duty to perform due diligence on any investment and to insure that investment recommendations are consistent with their client’s age, net worth, risk tolerance, investment experience and objectives, risk tolerance.
For more detailed information on The White Law Group’s Investigation of UDF IV, see United Development Fund IV (UDF IV) Delisted by NASDAQ
Recovery of Investment Losses
For a free consultation with a securities attorney, please call The White Law Group at 1-888-637-5510.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Vero Beach, Florida.
For more information on The White Law Group, please visit our website at www.WhiteSecuritiesLaw.com.