Articles Tagged with Smith Director

An important update for LEAF Fund 4 (“Leaf”) investors.  LEAF sent out a letter to investors on May 29, 2015 stating that the LEAF Fund 4 is in its final liquidation stage and as a result of the shrinking portfolio can no longer support distributions and that the May distribution is the last monthly distribution. Please see below for the contents of the letter. This information directly contradicts representations made by many brokers to clients who purchased Leaf that they should hold off on litigation or arbitration since the Fund’s price will bounce back or that the distributions will continue to be made.  Many investors had unsuitable concentrations in LEAF made into their account.  These losses can be recovered through the FINRA arbitration claims process.  To receive a free review by a lawyer, please call our law firm in Chicago, IL to learn how these losses may be recoverable on a contingency fee basis.

May 29, 2015

Dear Limited Partner:

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