United Development Funding IV fka UDFI

[Phaedrus77]

I was thinking more along technical lines. Would/could an auditor sign off on financials without knowing whether the SEC will charge UDFI with fraud?

Unless they are planning on restating financials for many years (I don’t think they’ve issued a notice that previously filed financials cannot be relied upon...so I don’t think that’s the case), I’ve got to believe the actual financials are done. This is only a $500 million company.