Homeier Law PC’s co-founder Jor Law, was interviewed on CalCap Radio – The Private Investing & Business Finance Hour. A link to the interview is provided below. INTERVIEW LINK There has been a lot of discussion about Titles 3 and 4 of the Jobs Act in terms of Crowdfunding….
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…
UPDATE: The federal district court for the Northern District of Illinois today sentenced the developer in the Chicago Convention Center EB-5 case, Anshoo Sethi. The sentence is three years imprisonment for defrauding investors. The sentencing is the culmination of civil enforcement action followed by criminal prosecution over a…
It is now widely understood that EB-5 capital raises involve securities that must be registered with the Securities Exchange Commission (SEC) unless the securities are offered pursuant to a valid securities exemption. At the federal level, EB-5 capital raises have generally relied upon two primary securities exemptions: Rule…
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…