United Development Funding IV (“UDF IV”) failed to file its Annual Report on Form 10-K for the year ended December 31, 2015 with the Securities and Exchange Commission (“SEC”) and is not in compliance with the continued listing requirements under NASDAQ rules, according to a recent UDF IV SEC filing.
The Peiffer Wolf securities attorneys, who have already filed claims on behalf of UDF investors, are continuing to investigate the United Development Funding programs and are preparing to file more cases.
UDF IV’s failure to comply with the NASDAQ rules follows just weeks after trading of UDF IV was suspended by NASDAQ. On February 18, 2016, NASDAQ halted trading of UDF IV shares shortly after news broke that the FBI raided the United Development Funding offices in Grapevine, Texas.
UDF Investors Options
If you believe you lost money as a result of your investment in any United Development Funding program, especially UDF V and UDF IV, you may be able to recover losses you have suffered. We are seeking to assist United Development Funding investors who invested before 2014 in addition to those who invested in 2014 and later. The Peiffer Wolf investor rights lawyers take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of their United Development Funding investment may contact the investor rights lawyers at Peiffer Wolf , Jason kane or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 504-523-2434, via email at email@example.com, or through the contact form on this website.