Securities and Exchange Commission v. Quiros et al

  1. February 01, 2018

    Receiver Seeks To Reinvest Cash From Jay Peak EB-5 Project

    The court-appointed receiver for an EB-5 project that went down in flames and was sued for fraud by the U.S. Securities and Exchange Commission in Florida federal court believes he has found a New York-based project he could sink up to $67 million into, giving investors a chance to still get their green cards.

  2. January 23, 2018

    SEC Settles With Jay Peak Water Park Contractors For $225K

    Five companies involved in the U.S. Securities and Exchange Commission's $350 million EB-5 visa fraud suit against Jay Peak ski resort owner Ariel Quiros have agreed to pay $225,000 to settle claims related to the resort's indoor water park.

  3. November 16, 2017

    SEC Nears Deal With Jay Peak Owner In $350M EB-5 Suit

    The U.S. Securities and Exchange Commission indicated Thursday that it is close to a settlement with Jay Peak ski resort owner Ariel Quiros in its suit against him over his role in a $350 million EB-5 visa fraud suit.

  4. September 28, 2017

    Attys Get Potential Path To Payment In $350M EB-5 Visa Case

    A Florida federal judge agreed Thursday to modify an asset freeze in a $350 million EB-5 visa fraud suit against embattled Jay Peak ski resort owner Ariel Quiros, clearing the way for his former attorneys to seek up to $1 million in insurance payments to cover fees they say they're owed.

  5. September 22, 2017

    Ex-Attys Ask For Way To Get Paid In $350M EB-5 Fraud Case

    Former attorneys for embattled Jay Peak ski resort owner Ariel Quiros asked a Florida federal judge Friday to modify an asset freeze in the $350 million EB-5 visa fraud suit against their ex-client to allow them to be paid. 

  6. August 22, 2017

    SEC, Jay Peak Owner Reach A Deal In $350M EB-5 Suit

    The owner of the Jay Peak ski resort has agreed not to contest the U.S. Securities and Exchange Commission's $350 million EB-5 visa investment fraud case, with both parties asking a Florida federal judge Tuesday to approve a permanent injunction against him while stating that the amount of damages owed is still to be determined.

  7. July 13, 2017

    Jay Peak Owner Fights To Keep Defenses In EB-5 Fraud Suit

    The owner of Jay Peak resort asked a Florida federal judge on Wednesday to keep alive his affirmative defenses in a $350 million EB-5 visa investment fraud case, saying the U.S. Securities and Exchange Commission’s bid to throw out most of his defense is a waste of time.

  8. May 05, 2017

    SEC Looks To Compel Canadian Depos In Jay Peak Suit

    The U.S. Securities and Exchange Commission asked a Florida federal court on Friday to request help from the Superior Court of Quebec in compelling a pair of Canadian citizens to give depositions in its fraud suit against the owner of Jay Peak resort over $350 million in EB-5 investments.

  9. April 11, 2017

    Ex-Jay Peak Attys Still Can't Intervene In $350M EB-5 Suit

    Former attorneys for Jay Peak resort owner Ariel Quiros can't intervene in a $350 million EB-5 visa suit against Quiros, a Florida federal judge ruled Tuesday, finding there was no need to let the lawyers in to get clarification on whether an asset freeze would impact their ability to collect fees.

  10. April 07, 2017

    Ex-Jay Peak Attys Try Again To Intervene In $350M EB-5 Case

    Jay Peak resort owner Ariel Quiros' former attorneys on Friday urged a Florida federal judge to reconsider barring them from intervening in a $350 million EB-5 visa suit against Quiros, saying they only are asking for a simple clarification on an asset freeze order.