JAMES B. SHAW, JOHANNES EIJMBERTS, and LORNE MORRIS Individually and On Behalf of All Others Similarly Situated, vs The AM Wealth Management Group of Raymond James & Bill Stenger & Joel Burstein & Ariel Quiros
Filing Date:May 17, 2016
Case:JAMES B. SHAW, JOHANNES EIJMBERTS, and LORNE MORRIS Vs Raymond James , William Stenger, Joel Burstein and Frank Amigo
Jurisdiction:Federal District Court for the District of Vermont
Civil / Criminal:Civil
Breach of Contract
JAY PEAK INC, Q RESORTS ,JAY PEAK PENTHOUSE SUITES, JAY PEAK GOLF AND MOUNTAIN SUITES, JAY PEAK LODGE AND TOWN HOUSES, BIOMEDICAL PARK, AnC BIO
Jay Peak Inc., AnC Bio and others
ALEXANDRE DACCACHE, on behalf of himself and all others similarly situated
RAYMOND JAMES FINANCIAL, INC. d/b/a RAYMOND JAMES, RAYMOND JAMES & ASSOCIATES, INC., ARIEL QUIROS, WILLIAM STENGER, and JOEL BURSTEIN
CARLOS ENRIQUE HILLER SANCHEZ
RAYMOND JAMES FINANCIAL, INC. d/b/a RAYMOND JAMES, RAYMOND JAMES & ASSOCIATES, INC.
Plaintiffs James B. Shaw, Johannes Eijmberts and Lome Morris ("Plaintiffs"), individually and on behalf of all others similarly situated, allege the following against Raymond James Financial, Inc., Raymond James & Associates, People's United Financial, Inc., People's United Bank, Ariel Quiros, William Stenger, Joel Burstein and Frank Amigo based on personal knowledge, information and belief, and the investigation of counsel. Quiros and Stenger were operating an elaborate Ponzi-like scheme. Investors in the EB-5 Projects were told they were investing in project-specific hotels, cottages, a biomedical research facility or other projects. While some of the funds were used for those projects, the majority ofthe funds were commingled, misused, and diverted to pay for unauthorized projects, payments to earlier investors and personal luxuries.
Shaw v. Raymond James
Shaw v. Raymond James Complaint - Class ActionShaw_v._Raymond_James_VT_DCT.pdf
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