Ex-NBAer Asks 11th Circ. To Keep $45M EB-5 Suit Tossed

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Law360, New York (October 12, 2016, 8:11 PM EDT) — Former NBA player Theo Ratliff and others on Tuesday asked the Eleventh Circuit not to revive a $45 million suit alleging they conspired to shut a film production company out of a deal involving the EB-5 immigrant investor program, saying the company squandered its chance to fix the complaint in district court.

Ratliff, Southern Film Regional Center LLC, Gate Industries and two associates filed a brief asking the appeals court not to upset Georgia federal court decisions dismissing Open Rivers Media Group’s amended complaint and denying…

Source: Law360