UDF IV Shareholders Should Not Be Misled by the Company's Latest Attempts to Distract from the Current Board's Failures

NexPoint Cautions Shareholders Not to Let UDF IV's Attacks Divert from Real Issues

DALLAS, Oct. 11, 2024 /PRNewswire/ -- United Development Funding IV ("UDF IV" or the "Company") recently issued a letter to shareholders "raising concerns about the integrity of NexPoint leadership." The letter, which rehashes themes used in previous attacks and include several false claims about NexPoint, are the latest attempt by UDF IV to distract shareholders from both the failures of the current Board of Trustees and the severe mismanagement of the Company that has resulted in a massive loss of value and liquidity. (NexPoint's responses to UDF IV's previous attempts to mislead shareholders can be found here.)

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