EB-5 investors: Don’t toss case against ex-Jay Peak owner

The Hotel Jay is the signature project of the Jay Peak Resort expansion. The developers used EB-5 immigrant investor money to build the five-story hotel. An investor alleges that the fifth floor was double-sold to two sets of investors. VTDigger photoThree EB-5 investors are challenging a bid to throw out a lawsuit brought against a Canadian company they say “aided and abetted” an alleged fraud scheme at Jay Peak Resort.
Saint-Sauveur Valley Resorts Inc. asked a judge to dismiss the