Attention Investors: UDF Losses With Geneos Wealth Management

Stoltmann Law Offices is committed to helping you recover your losses with United Development Funding (UDF). UDF was a group of real estate investment trusts (REITs) and included UDF III, IV and V series. These REITs were sold to investors by brokers at Geneos Wealth Management. They were risky and illiquid investments, and UDF’s headquarters in Dallas, Texas were raided by the FBI in February, 2016. The company was accused of running a ponzi scheme. Many investors lost money in UDF, and if you were sold UDF investments by a Geneos Wealth Management advisor, we may be able to help you bring a securities claim against the firm for money losses. The firm and its representatives had an ironclad obligation to do basic due diligence on UDF. These brokers are required to make suitable and appropriate recommendations, while taking into account a customer’s age, net worth and investment objectives, among other things. Because the firm did and its brokers did not do adequate due diligence, and because the firm failed to supervise its brokers in that capacity, Geneos can be sued in the Financial Industry Regulatory Authority (FINRA) arbitration forum on a contingency fee basis. Please call our Chicago and Barrington, Illinois-based law offices today for a free consultation with one of our attorneys. We take cases on a contingency fee basis only, so we only make money if you recover yours. 312-332-4200.