Shepherd Smith Edwards & Kantas, LLP Home
We Fight for Investors Cheated by Wall Street
Contact Us Now 
Investor Lawyers Blog
Search Results: REIT
Results 170-180 of about 253
Date: July 4, 2016
The Commission said client’s in the firm’s wrap account program were told that they would be charged a commission to buy alternative investment product interests, including interests in BDCs and REITs. However, there wasn’t supposed to be an advisory fee. ...
Date: February 25, 2016
UDF IV was initially a nontraded real estate investment trust that later became listed as a publicly traded REIT. The article goes on to name four firms that sold the UDF REITs or private deals to investors: Financial Services Inc., ...
Date: February 19, 2016
Since the accusations against UDF IV were published on the Harvest Fund website, the REIT’s stock has dropped 81% in the last two months. News that the FBI went to the UDF headquarters caused the company’s share price to plunge ...
Date: February 15, 2016
The self-regulatory organization said that VFG Securities owner Jason Vanclef wrote a “The Wealth Code,” which he used as sales literature to market investments in direct participation programs and nontraded REITs, in order to bring potential investors.
Date: February 13, 2016
In reality the Tier REIT, the Icon Leasing Fund Twelve LLC, and others, did not have proper diversity or allocation and were not suitable for the couple. McCutchen is not registered with any firm at this time nor is he ...
Date: February 8, 2016
Kyle Bass, the hedge fund manager who runs the Dallas-based Hayman Capital, has set up a website accusing Texas-based REIT United Development Funding IV of running a Ponzi-like real estate scam .
Date: February 6, 2016
Broker Accused of Fraud, Targeting Native American Tribe Broker Gopi Krishna Vungarala is facing FINRA charges for lying to a Native American Tribe about the $11M in commissions they paid him when he sold the tribe $190M of business development ...
Date: January 5, 2016
A shareholder of Resource Capital Corp. is suing the real estate investment trust (REIT) because of the way it dealt with a Puerto Rico hotel loan portfolio and a $41 million write-down that resulted last year.
Date: December 15, 2015
The state says that the sale of the nontraded REITs were unsupervised, causing the investor to sustain substantial losses in 2008.
Date: December 12, 2015
United Development Funding IV Shares Fall After Allegations of Texas Ponzi Scheme United Development Funding IV (“UDF IV”), a Texas-based real estate investment trust (“REIT”), saw its share price drop after Harvest Exchange published a post that said the REIT ...
