EB-5 News

The Practical Implications of the JOBS Act for EB-5 Capital Raises By Yi Song, Esq. and Clem Turner, Esq.

18/04/12

This article is also published at LexisNexis and ILW ~   LexisNexis:   http://www.lexisnexis.com/community/corpsec/blogs/vent-cap-blog/archive/2012/04/16/the-practical-implications-of-the-jobs-act-for-eb-5-practice.aspx   ILW:   http://www.ilw.com/articles/2012,0420-song.shtm#bio     Posted by Yi Song On March 22, 2012 in Washington, DC, the “Jumpstart Our Business Startups” (JOBS) Act was passed by the Senate, following its passage on March 8, 2012 by the House of Representatives. President Obama [...]

New Orleans RC got sued

17/04/12

An Regional Center (RC) in New Orleans is being sued in Federal Court by 27 EB-5 Investors.  Allegedly defendants, William B. Hungerford Jr. and Timothy O. Milbrath, principals of Noble-Real Estate-GP, misused immigrant investors funds that were invested into their regional center. The suit claims that the defendants diverted $13.5 million from the investment fund [...]

Mona Shah & Associates submitted public comments for the JOBS Act to SEC

17/04/12

The JOBS Act Title II comments from Mona Shah & Associates are posted at the SEC website: http://www.sec.gov/comments/jobs-title-ii/jobs-title-ii.shtml   April 12, 2012 Submission Via Email:rule-comments@sec.gov   Securities and Exchange Commission 100 F Street, N.E. Washington, DC 20549 Re:  Submit Public Comments on the JOBS Act Title II   Dear Sir or Madam: Mona Shah & [...]

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