EB-5 investors say developer Mastroianni’s bid to dismiss their lawsuit only proves their claims

  • Posted on May 13, 2020 | Updated on May 13, 2020 | 5 min read

Unhappy Chinese investors seeking repayment of their loans for the Harbourside Project in Florida refute mega developer Mastroianni’s argument to dismiss their class action lawsuit. The developer points to documents he claims notified the investors that additional loans would take priority over theirs. The investors say such documents only prove that he never intended to repay them.

law360.com article (requires subscription)

See our earlier story on this suit