Prodigy Network: Prodigy Network files for bankruptcy as lawsuits mount

The beleaguered real estate crowdfunding company Prodigy Network filed for bankruptcy on Thursday as lawsuits pile up and its properties head into foreclosure. Prodigy Network, along with 10 affiliated companies in Delaware, filed for Chapter 7 bankruptcy, meaning that the firm has no plans to restructure. According to the filings, the company and its affiliates currently have $102.4 million in assets and $6.4 million in liabilities. The filings show that Prodigy and its affiliates' biggest The post Prodigy Network files for bankruptcy as lawsuits mount appeared first on The Real Deal New York.