Has Related Companies returned any investor money it raised through EB5 offerings from 2015 to 2017 for its Hudson Yards project? We are EB-5 investors and have not received funds back despite the process being completed.
Answers
Lynne Feldman
Schedule a Free Consultation with Top EB5 Visa AttorneysYou likely need to retain counsel to review the project documents you signed and advise.
Tony W. Wong
Schedule a Free Consultation with Top EB5 Visa AttorneysFirst, if you filed your I-829, that means you have completed the sustainment period for the two years of your conditional green card and you may request to return your investment funds. However, it still depends on the terms and conditions of the project agreements such as partnership agreement or LLC's operating agreement and subscription agreement you signed with Hudson Yards. The terms and conditions may set some conditions of how and when you can get back your investment funds.
Matthew Kolodziej
Schedule a Free Consultation with Top EB5 Visa AttorneysYour lawyer should contact the Hudson Yards regional center. This is a known issue. If necessary you and other investors can file suit against them as a group of EB-5 investors to get your investment back.
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