Lawsuit seeks to halt new EB-5 regulations

Lawsuit seeks to halt new EB-5 regulations

EB-5 Visa, EB5 Visa, EB5 Investments

The lawsuit argues the increased amounts will deter foreign investors from the program 

In a case with far-reaching implications, an EB-5 regional center claims the new rules that are designed to clamp down on abuse violate the Constitution

Less than a month after the new EB-5 rules came out, a Florida regional center has filed a motion in federal court, seeking a temporary restraining order to halt enforcement. 


https://therealdeal.com/2019/12/04/lawsuit-seeks-to-halt-new-eb-5-regulations/

Mentions

Litigation Cases

States

  • Florida


Securities Disclaimer

This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.