Receiver Settles $8M Case with Lawyers Close to Stenger in EB-5 Fraud Case
“After nearly three years of legal wrangling, 23 foreign investors in the scandal-plagued Jay Peak projects have settled with their former immigration attorneys, Carroll & Scribner,” reports Anne Galloway and Alan J. Keays in VT Digger’s Crime and Justice.
“The immigrant investors sued Ed Carroll and Mark Scribner, claiming the two attorneys gave the developers of Jay Peak the legal tools to hoodwink them.”
“The Burlington based firm had a built-in conflict of interest: Carroll & Scribner served both as corporate attorneys for Jay Peak and as immigration attorneys for the investors.”
“In a lawsuit filed in 2018, investors alleged negligence, breach of contract and breach of fiduciary duty.”
