By Grace Dixon (March 8, 2022, 7:56 PM EST) — A Ninth Circuit panel found on Monday Pritzker Levine LLP is entitled to a payout from a $25 million fund it helped amass to pay out foreign investors caught up in an EB-5 visa fraud scheme, ordering the district court to recalculate the firm’s fee award.
Through Pritzker Levine, the former business partner of San Francisco Regional Center LLC’s owner filed claims in California state court in 2015 against the center, owner Thomas M. Henderson and two family members for allegedly misappropriating millions of dollars from foreign investors who thought they were participating in the EB-5 immigrant investment program.
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