Bass Tests Hedge Funds’ Right to Free Speech in Spreading Negative Views Judge rules that suit brought by United Development Funding may proceed That WSJ headline frames the underlying core of what's really on trial here. This case should garner wide interest on Wall St. UDF v. Kyle Bass just moved up to the major leagues. Marker: United Development F (UDFI) $3.12 down -0.08 (-2.50%) Volume: 11,349