Chinese Investor Sues Grocery GC Over Soured EB-5 Bid

Law360 (June 29, 2020, 10:54 PM EDT) -- A New York attorney — and the grocery store and subsidiary that he represents — were hit with a lawsuit in Manhattan federal court accusing the lawyer of tricking a Chinese investor into shelling out cash into the company for an EB-5 visa that never came to fruition.

Plaintiff Shixu Bai's June 28 civil action names Tegs Management LLC, its parent company Grand Market International Corporation, attorney Serge Bauer and his law firm Serge Bauer PC and claims Bauer induced Bai to invest $1 million in the company by representing the investment as a step towards obtaining an immigrant investor visa. The...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!