Raymond James hit with class action over ski resort

The owner of Vermont-based Jay Peak ski resort, Ariel Quiros and its financial adviser, Raymond James Financial have been hit with a proposed class action by EB-5 investors who are looking to recover investments in an alleged development scheme that saw $200m misappropriated.

By Matthew Perlman (May 18, 2016, 3:48 PM EDT) -- EB-5 investors slapped the owner of a Vermont ski resort and its financial adviser, Raymond James Financial Inc., with a proposed class action in federal court Tuesday, looking to recover investments in an alleged development scheme that saw $200 million misappropriated....

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