State to pay up to $16.5 million to resolve EB-5 claims by defrauded Jay Peak investors - VTDigger
The deal, which requires court approval, would bring to a close any pending or potential lawsuits against the state for it’s roll in the EB-5 scandal.
Analysis: EB-5 settlement leaves numerous unanswered questions (WCAX)
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State settles with 8 Jay Peak investors in EB-5 case (VT. Digger, Anne Galloway)
Just two days into what would have been a 10-day trial, the Vermont Attorney General’s Office has reached an agreement with the first of four groups of defrauded investors suing the state for negligence.
Jury selected in EB-5 investor lawsuit against the state
Memos raise new questions why Vt. regulators didn’t shut down ‘Kingdom Con’
Bill Stenger: SEC gave state regulators advance warning about Jay Peak fraud
VTDigger | Apr 17, 2023Defense attorneys for former Jay Peak President Bill Stenger say they have discovered new information that shows state regulators ignored — or even withheld — information that would have been exculpatory.