July 27, 2016
Two proposed class action suits claiming Raymond James & Associates was involved in a fraudulent scheme targeting EB-5 investors in Vermont's Jay Peak ski resort were voluntarily dismissed without prejudice by the plaintiffs in the Green Mountain State and Florida in the last week.
May 18, 2016
EB-5 investors slapped the owner of a Vermont ski resort and its financial adviser, Raymond James Financial Inc., with a proposed class action in federal court Tuesday, looking to recover investments in an alleged development scheme that saw $200 million misappropriated.