EB-5 investors seek class-action certification

Stateside Hotel

The lead plaintiff in the case is Alexander Daccache, of Brazil. More than 800 others could become eligible to join the suit against developers Ariel Quiros and Bill Stenger.

Investors seek Jay Peak-related brokerage records

Ariel Quiros, Peter Shumlin, Ary Quiros, Bill Stenger

The class-action case asks a judge to “compel” attorneys for Ariel Quiros’ former son-in-law and account manager to conduct electronic searches on his personal devices and cloud storage systems by Dec. 30.

Newport ‘hole’ and AnC Bio site go delinquent on taxes too


The town is the third one where taxes are past due for properties associated with the fraud case against Bill Stenger and Ariel Quiros. Newport is owed $55,012.

Burke Mountain fails to pay property taxes

Burke Mountain

The bill for the properties — including the 116-room Burke Mountain Hotel and Conference Center and a home belonging to fraud suspect Ariel Quiros — is $440,991. Jay Peak, under the same receivership, also became delinquent.

Lawyer: Stenger was in the dark until break with Quiros

Ariel Quiros, Peter Shumlin, Ary Quiros, Bill Stenger

The Vermont developer’s attorney wouldn’t comment “at this time” on whether his client will sue his onetime business partner. The two former partners have turned against each other as regulators pursue fraud allegations.

SEC: Quiros wants asset freeze lifted to pay for luxury items

Ariel Quiros

A few of the items include yacht club fees, personal assistants, leases on luxury vehicles, maintenance fees for a luxury condo in New York and storage for a military vehicle collection.