Statutes of limitations for securities claims and how they impact risk to developers
Developers who sell securities to foreign nationals to raise capital through the EB-5 program could face potential claims under the U.S. and state securities laws. Examples include:
- Uses of funds raised
- Lack of proper fee disclosure
- Discrepancies between the marketing documents and PPM
- Undisclosed conflicts of interest
- Undisclosed cost or formation expenses that are charged back to an investor
