I am an EB-5 investor in a Texas regional center project. Project management has gone completely dark and has abandoned its investors. I am currently facing a severe immigration crisis: USCIS issued an RFE for my I-829, but because the NCE/Regional Center is completely unresponsive, no project documentation or job creation metrics could be provided. As a result, my I-829 has been denied, and my conditional permanent residency has been terminated.
According to the offering documents, this project has roughly 100 investors. We are all in the same boat—if the management has abandoned the project, every single investor’s I-829 will eventually be denied.
I am looking to connect with fellow investors and assess whether to retain specialized EB-5 litigation counsel to file a lawsuit in Texas and seek a Court-Appointed Receiver to take over the NCE, recover the construction/operational data, and issue the necessary documentation to save our green cards under the RIA investor protection protocols. Any advice would be welcome.
Answers
Anthony Cummings
Litigation AttorneysAny investor who wants to participate must join together and raise a litigation fund to get a law firm involved immediately. There is no time to waste, and each participating investor should be willing to pay at least $10,000.00 into the litigation fund.
Therefore, you need to promptly contact the investors and propose jointly retaining a law firm.
Lynne Feldman
EB-5 Immigration attorneysI think your litigation strategy is sound, but of course run it by the litigator you select. Be sure you select counsel experienced in EB-5 litigation.
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