Securities and Exchange Commission v. Hui Feng et al

  1. June 30, 2017

    Immigration Atty, Firm Ordered To Pay $2.7M For EB-5 Fraud

    A California federal court ruled Thursday that EB-5 investments are securities subject to broker-dealer rules, ordering a New York immigration attorney and his firm to pay $2.7 million for operating as unregistered broker-dealers and defrauding Chinese nationals looking to obtain visas.

  2. May 09, 2017

    SEC, Chinese Investors' Atty Spar Over EB-5 'Securities'

    The U.S. Securities and Exchange Commission and a New York immigration attorney accused of violating broker-dealer rules each urged a California federal judge on Tuesday to decide whether EB-5 investments are securities subject to broker-dealer rules and resolve their respective bids for quick wins in the agency's suit.

  3. February 01, 2017

    Atty Says EB-5 Investments Not Securities In SEC Suit

    A New York immigration attorney asked a California federal court for a quick win on Tuesday in the U.S. Securities and Exchange Commission's case alleging he operated as an unregistered broker-dealer and defrauded EB-5 investors, saying the activity is out of the commission’s purview.

  4. August 05, 2016

    SEC Claims Over Atty's $1.1M EB-5 Fraud Specific Enough

    A California federal judge on Thursday detailed the reasoning behind her rejection of a New York immigration attorney’s attempt to dodge the U.S. Securities and Exchange Commission’s allegations that he earned more than $1 million as an unregistered broker-dealer through clients investing in EB-5 projects to obtain visas.

  5. July 26, 2016

    Atty Can't Shake SEC's Suit Over Breaking EB-5 Rules

    A California federal judge on Tuesday rejected a New York immigration attorney's bid to escape the U.S. Securities and Exchange Commission's lawsuit accusing him of earning more than $1.1 million as an unregistered broker-dealer by having his clients invest in EB-5 projects to obtain U.S. visas.

  6. December 07, 2015

    SEC Sanctions Attys For Flouting Rules In EB-5 Offerings

    The U.S. Securities and Exchange Commission sanctioned six attorneys and sued a seventh Monday, saying they acted as unregistered broker-dealers when they helped to effect EB-5 investments by clients seeking U.S. visas.