We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Jay Peak Investor Suit Stayed Pending Related Settlements

Law360, Miami (January 16, 2018, 9:53 PM EST) -- A Florida federal judge on Tuesday stayed an investor class suit against Jay Peak ski resort owner Ariel Quiros over his alleged role in a $350 million EB-5 visa fraud suit, as Quiros' attorneys indicated two pending related settlements could impact the suit.

In a hearing in Miami, U.S. District Judge Federico Moreno stayed the suit for 90 days after Quiros' attorney, Melissa Visconti of Damian & Valori LLP, said Quiros' pending settlement with the U.S. Securities and Exchange Commission — which should be approved soon...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.