{"id":2622,"date":"2017-01-17T00:00:00","date_gmt":"2017-01-17T05:00:00","guid":{"rendered":"http:\/\/silverlaw.lawblogger.net\/blog\/udf-delisted-from-nasdaq\/"},"modified":"2018-10-08T12:38:33","modified_gmt":"2018-10-08T16:38:33","slug":"udf-delisted-from-nasdaq","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/udf-delisted-from-nasdaq\/","title":{"rendered":"UDF IV Delisted from NASDAQ; Issues Distribution Despite Delisting"},"content":{"rendered":"<p>United Development Funding IV (\u201cUDF IV\u201d) announced a distribution amidst a continuing SEC investigation and delisting from NASDAQ exchange.<\/p>\n<p>On November 8, 2016, United Development Funding (\u201cUDF\u201d) announced that its public real estate investment trust United Development Funding IV\u2019s board of trustees has <a href=\"http:\/\/www.udfonline.com\/united-development-funding-iv-announces-distribution\/\" target=\"_blank\">authorized a cash distribution<\/a> of $0.08 per share payable on November 28, 2016 to its shareholders.<\/p>\n<p>Though UDF shareholders do not have much to celebrate, \u00a0this distribution presents some \u00a0\u00a0good news given the storm the company has been through.\u00a0 For example, most recently, in October 2016, UDF IV was <a href=\"http:\/\/www.bizjournals.com\/dallas\/news\/2016\/10\/18\/nasdaq-decides-to-delist-udf-iv-reit-plans-appeal.html\" target=\"_blank\">delisted from the NASDAQ<\/a> Stock Market and is now listed on the OTC Markets under the symbol UDFI.\u00a0 It\u2019s currently trading at $2.76 per share.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.silverlaw.com\/blog\/udf-delisted-from-nasdaq\/\"  title=\"Continue Reading UDF IV Delisted from NASDAQ; Issues Distribution Despite Delisting\" class=\"more-link\">Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>United Development Funding IV (\u201cUDF IV\u201d) announced a distribution amidst a continuing SEC investigation and delisting from NASDAQ exchange. On November 8, 2016, United Development Funding (\u201cUDF\u201d) announced that its public real estate investment trust United Development Funding IV\u2019s board of trustees has authorized a cash distribution of $0.08 per share payable on November 28, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[578],"tags":[105,106,53,267,268],"class_list":["post-2622","post","type-post","status-publish","format-standard","hentry","category-all-releases","tag-cetera-advisor-networks","tag-cetera-financial-group","tag-j-p-turner-company","tag-udf","tag-united-development-funding-iv"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>J.P. Turner &amp; Company-Affiliated UDF IV Delisted from NASDAQ; Issues Distribution Despite Delisting<\/title>\n<meta name=\"description\" content=\"If you&#039;ve lost money investing in United Development Funding IV (UDF) and J.P. Turner or Cetera, contact our firm to learn how you can recover your losses.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/udf-delisted-from-nasdaq\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"J.P. Turner &amp; Company-Affiliated UDF IV Delisted from NASDAQ; Issues Distribution Despite Delisting\" \/>\n<meta name=\"twitter:description\" content=\"If you&#039;ve lost money investing in United Development Funding IV (UDF) and J.P. Turner or Cetera, contact our firm to learn how you can recover your losses.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Silver Law Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"J.P. Turner & Company-Affiliated UDF IV Delisted from NASDAQ; Issues Distribution Despite Delisting","description":"If you've lost money investing in United Development Funding IV (UDF) and J.P. Turner or Cetera, contact our firm to learn how you can recover your losses.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.silverlaw.com\/blog\/udf-delisted-from-nasdaq\/","twitter_card":"summary_large_image","twitter_title":"J.P. Turner & Company-Affiliated UDF IV Delisted from NASDAQ; Issues Distribution Despite Delisting","twitter_description":"If you've lost money investing in United Development Funding IV (UDF) and J.P. Turner or Cetera, contact our firm to learn how you can recover your losses.","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.silverlaw.com\/blog\/udf-delisted-from-nasdaq\/","url":"https:\/\/www.silverlaw.com\/blog\/udf-delisted-from-nasdaq\/","name":"J.P. 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