Chinese investors vs Midwest EB-5 Regional Center

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PlaintiffsDefendants

Preview china
Chinese investors

JIAXI HU, MENGFANG LI, XIAOYAN WU, WEI REN, RUIMIN CHEN, JIANLI DU, JIMEI ZHANG, ZHENPING HAO, JIE CIU AND GUIYING WANG

vs.

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Midwest EB-5 Regional Center

TERRY CHAN, GARY CHAN, MARTIN ANGIULLI, ANGIULLI, INC., KENTUCKY REGIONAL CENTER, LLC D/B/A , SV ARX, LLC, DANTE BELLA, LLC AND JEFFREY JACOBS

Filing Date:February 15, 2017

Case:Jiaxi Hu vs. Terry Chan

Jurisdiction:Federal District Court for the Southern District of Ohio

Status:Pending

Civil / Criminal:Civil

Cause(s) of Action:

Fraud

Misrepresentation

Description:

This is an action that Plaintiffs assert against Defendants for breach of contract, unjust enrichment/quantum meruit, gross negligence, breach of fiduciary duty, conversion, fraud, conspiracy, piercing the corporate veil, and punitive damages, for the Defendants’ unlawful actions, which include gross mismanagement, embezzlement and self-dealing of Fund assets. Defendants have also violated the Securities and Exchange Act of 1934, 15 U.S.C. § 78j(b), because they procured Plaintiffs’ investments by fraud, misrepresentation, and deception.

Files
Feb
15
2017

KRC FUND I L.P.

2-1.pdf
Feb
15
2017

Limited Partnership Agreement

2-2.pdf
Attorneys, Regional Centers and Firms
Midwest EB-5 Regional Center

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