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Jh5142

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Re: Enterprising Investor post# 1234

Saturday, 01/22/2022 12:46:05 PM

Saturday, January 22, 2022 12:46:05 PM

Post# of 1865
The people running UDF IV were found guilty of securities fraud. Their case against Bass is gone as a result, imo.

If Bass did something illegal he is still exposed to charges from the SEC or DOJ. If they don’t pursue anything then I think we have seen the end of litigation and we now wait to see who is going to control UDF and what remains in terms of value.

Unless, of course UDF IV decided to start litigation against the people who were convicted of securities fraud while running the company. I could see that as future litigation.
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