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EB-5 Developer Sues Rival Over Hotel Project Advertising

By Natalie Rodriguez (August 19, 2014, 2:10 PM EDT) -- American Life Inc., a developer that uses the federal EB-5 program — which gives foreigners visas in exchange for project investment — sued rival EB-5 United LLC in Washington federal court Monday, alleging the competitor falsely advertised that it was involved in developing one of ALI's hotel projects....

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