Homeier Law PC’s co-founders, Michael Homeier & Jor Law, presented on an array of recent developments in EB-5 in this weekly EB-5 news roundup put together by EB5Projects.com. View the topics discussed and the recorded webinar below. Topics Discussed Include Goal of securities laws Registration & Disclosure Common…
SENTENCING OF DEFENDANT IN FIRST EB-5 SECURITIES FRAUD PROSECUTION NOW SET FOR JANUARY 12, 2017 UPDATE: After more than two years, the end is in sight for the $160 Million EB-5 securities fraud indictment brought by the US Attorney in Chicago in the widely-publicized “Chicago Convention Center securities…
Some lawmakers believe that the EB-5 Program, has become plagued with fraud and abuse, and is in need of reform. To address this concern, on Friday, September 9, 2016, U.S. Representative Bob Goodlatte, chair of the House Judiciary Committee, released a draft EB-5 reform bill. The bill contained…
Some lawmakers believe that the EB-5 Program, has become plagued with fraud and abuse, and is in need of reform. To address this concern, on Friday, September 9, 2016, U.S. Representative Bob Goodlatte, chair of the House Judiciary Committee, released a draft EB-5 reform bill. The bill contained…
Introduction The EB-5 visa is eligible to immigrants who make investments that create jobs for the American economy. “Regional centers” seeking investors for their EB-5 projects need to understand that raising capital from investors likely involves issuing securities to those investors, and such programs are therefore subject to…
This the second part, of a two part series, reviewing Bad Actors in private placements. The first article may be viewed here. The Securities and Exchange Commission (SEC) issued new Rule 506(d) in 2013, a rule that bars felons and other specified “bad actors” from participating in private…