September 28, 2023
A New York federal judge on Thursday tossed a $57 million suit filed by Chinese investors who accused an EB-5 regional center of misleading them about a multimillion-dollar redevelopment project for a New York City bus station.
January 18, 2023
A New York regional investment entity suggested that Chinese investors in a bus station renovation project were not candid when they asserted they didn't understand documents they signed to invest in the project a decade ago.
December 12, 2022
Chinese investors accusing an EB-5 regional center of defrauding them of $57 million are fighting to keep their lawsuit alive, telling a New York federal court to deny the center's "absurd" motion to dismiss because they were owed a fiduciary duty, not just U.S. green cards.
November 01, 2022
A New York regional EB-5 center hit back at a lawsuit alleging it defrauded more than 100 Chinese investors of $57 million, saying the investors "knowingly assumed" their risks and were ultimately able to apply for the U.S. green cards they wanted.
August 30, 2022
Chinese investors filed suit against an EB-5 regional center in New York federal court, alleging the center misled investors backing a project to renovate part of the George Washington Bridge Bus Station and squandered their funds to the tune of $57 million.