Post by Logan on May 8, 2017 8:02:56 GMT -6
Federal regulators are asking a U.S. judge to assist them in obtaining the testimony of two top executives at the Canadian company that sold Jay Peak ski resort to a Miami businessman who now faces investor fraud allegations.
Robert Levenson, an attorney for the Securities and Exchange Commission, filed a motion Friday afternoon stating that he wants to secure the testimony of two officials with Quebec- based Saint-Sauveur Valley Resorts Inc.
That company was known as Mont Saint-Sauveur International Inc. when it sold the resort to Ariel Quiros in 2008. Quiros is facing a federal SEC lawsuit alleging he improperly used EB-5 immigrant investor money, starting with the resort’s purchase.
Levenson wants to take depositions of Louis Philippe Hebert, company president, and Louis Dufour, the firm’s CEO and chairman. Both men were in the same roles at the time of the ski resort sale in 2008.
Read more: vtdigger.org/2017/05/07/sec-seeks-depose-canadian-executives-jay-peak-sale/
Robert Levenson, an attorney for the Securities and Exchange Commission, filed a motion Friday afternoon stating that he wants to secure the testimony of two officials with Quebec- based Saint-Sauveur Valley Resorts Inc.
That company was known as Mont Saint-Sauveur International Inc. when it sold the resort to Ariel Quiros in 2008. Quiros is facing a federal SEC lawsuit alleging he improperly used EB-5 immigrant investor money, starting with the resort’s purchase.
Levenson wants to take depositions of Louis Philippe Hebert, company president, and Louis Dufour, the firm’s CEO and chairman. Both men were in the same roles at the time of the ski resort sale in 2008.
Read more: vtdigger.org/2017/05/07/sec-seeks-depose-canadian-executives-jay-peak-sale/