Peng et al v. Mastroianni et al
Case Number:
9:20-cv-80102
Court:
Nature of Suit:
Multi Party Litigation:
Class Action, Derivative Litigation
Judge:
Firms
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August 03, 2023
Chinese Investors Get Final OK Of EB-5 Deal In Fla. Mall Suit
A Florida federal judge signed off on a $20 million settlement Thursday that allows a group of Chinese investors to recoup some of the $500,000 loans they made to a developer to build a shopping mall in the coastal town of Jupiter.
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July 18, 2023
Chinese Investors Again Seek Enforcement Of EB-5 Deal
A group of Chinese investors asked a court for the second time to enforce a settlement to allow them to recoup loans they made to a Florida shopping mall developer, after last-minute changes sank the initial attempt last year.
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January 10, 2023
Fla. Project, Chinese Investors Settle EB-5 Fraud Class Action
A group of Chinese nationals has asked a Florida federal judge to approve a settlement in a class action alleging that they were defrauded out of nearly $100 million to fund Jupiter's Harbourside Place mixed-use development project through a foreign investment program, one week before a bench trial was to begin.
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September 13, 2022
Fla. Developer Says Atty's Profane 'Rant' Should Trigger DQ
A lawyer representing overseas investors in a class action against a Florida developer unleashed an "expletive-filled rant" at his opposing counsel amid a dispute over settlement terms and should be tossed from the case, a Monday filing said.
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September 06, 2022
EB-5 Investors Tell Judge Developer Can't Sidestep Settlement
A group of foreign investors has asked a federal judge to enforce a settlement ending a class action against a developer who the investors say defrauded them in an EB-5 investment plan for a shopping center project, saying a dispute about who is responsible for settlement payments arose after the parties agreed to essential terms.
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August 26, 2022
Fla. Builder Rips EB-5 Investors For Sharing Settlement Terms
Counsel for a real estate developer who is a defendant in a class action over a foreign investment project has asked that plaintiffs' counsel withdraw a notice of settlement status filed in Florida federal court, saying the agreement was never signed by him and contained settlement amounts and terms that should have been kept confidential.
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July 12, 2022
Foreign Investors Settle EB-5 Fraud Case On Eve of Trial
A last-minute agreement let a Florida commercial project developer avoid a class action trial set to begin Tuesday over allegations that he fraudulently solicited funds from immigrant investors through a $100 million visa scheme.
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May 02, 2022
Judge Trims $100M EB-5 Case But Allows Breach Claims
A Florida federal has judge trimmed immigrant investors' $100 million fraud suit against a developer but allowed them to proceed with the bulk of the case — claims that the developer illegally subordinated their interests in a waterfront development.
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December 16, 2021
Fla. Developer Denies Defrauding $100M From EB-5 Investors
A developer asked a Florida federal court to end allegations that he defrauded immigrants of their $100 million investment in a commercial development, saying a series of disputed financial maneuvers had actually benefited them and not cost them, as alleged.
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July 12, 2021
EB-5 Investors Have To Pay Fees After Nixed Civil Theft Claim
Two Chinese nationals alleging that a Florida real estate developer duped foreign investors out of $100 million through an EB-5 visa scheme will have to fork over attorney fees to the developer after they brought a claim for civil theft that the court said lacked legal or factual support.