SEC Settles With Jay Peak Water Park Contractors For $225K

Law360, New York (January 23, 2018, 10:08 PM EST) -- Five companies involved in the U.S. Securities and Exchange Commission’s $350 million EB-5 visa fraud suit against Jay Peak ski resort owner Ariel Quiros have agreed to pay $225,000 to settle claims related to the resort’s indoor water park.

Black River Design Architects PLC, DEW Construction Corp., VHV Co., FabricAir Inc. and Ramaker and Associates Inc. will each pay $45,000 to the Vermont resort’s court-appointed receiver, Michael I. Goldberg of Akerman LLP. The deal covers most of a $296,000 construction project to replace the suspension system for the water park’s overhead heating, ventilation and air conditioning ducts, and releases the five...

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!


Attached Documents

Related Sections

Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only


Subscribers Only

Nature of Suit

Subscribers Only


Subscribers Only

Date Filed

Subscribers Only

Law Firms

Government Agencies