copyright the Chronicle August 30, 2017 by Joseph Gresser Ariel Quiros, the owner of Jay Peak, has followed the path blazed several months ago by Bill Stenger, the resort’s former president, and agreed to a settlement on civil charges of investment fraud. ... More »
copyright the Chronicle July 5, 201 by Joseph Gresser U.S. District Court Judge Darrin Gayles cleared the way for contractors, merchants, and some EB-5 investors to recover money Jay Peak and Burke Mountain Resorts owes them. On Friday he gave final approv... More »
copyright the Chronicle April 12, 2017 by Joseph Gresser BURLINGTON — Two investors in EB-5 projects at Jay Peak Resort claim that securities fraud at the ski area started in 2008 when Ariel Quiros paid for the resort using money meant to build hotels. The... More »
copyright the Chronicle November 23, 2016 by Joseph Gresser In a ruling issued Monday, U.S. District Judge Darrin Gayles gave the Securities and Exchange Commission (SEC) an early victory in its suit against Ariel Quiros. The federal agency was granted its r... More »
copyright the Chronicle June 15, 2016 by Joseph Gresser The major skirmishes in the legal battle over Jay Peak’s EB-5 projects seem to have settled down, at least for the moment. Civil suits filed against Ariel Quiros, the owner of Jay Peak and Burke Mountain ... More »
copyright the Chronicle June 8, 2016 by Joseph Gresser The state has ordered that the tram at Jay Peak be shut down until critical repairs are made. And the only company that can do the work has said Jay must wait until April of next year for the upgrade work.... More »
copyright the Chronicle June 1, 2016 by Joseph Gresser U.S. District Court Judge Darrin Gayles granted, in part, Ariel Quiros’ request for money to pay legal fees and living expenses last week. The same day Mr. Quiros, the owner of Jay Peak and Burke Mountain ... More »
copyright the Chronicle May 18, 2016 by Joseph Gresser Federal regulators turned up the heat on Ariel Quiros Tuesday when they filed an amended complaint in the civil case against the owner of Jay Peak Resort. Mr. Quiros, along with many of his businesses, an... More »
copyright the Chronicle May 11, 2016 by Joseph Gresser Jay Peak’s EB-5 projects are keeping Miami’s federal court hopping. A disappointed investor has launched a class action suit aimed directly at the deep pockets of Raymond James, the financial services com... More »
copyright the Chronicle May 11, 2016 by Joseph Gresser Ariel Quiros, the owner of Jay Peak and Burke Mountain, has asked federal Judge Darrin Gayles to allow him access to enough money to cover what he considers reasonable living expenses. The U.S. Securities... More »
copyright the Chronicle May 4, 2016 by Joseph Gresser After only a couple of weeks on the job, the receiver for Jay Peak, Burke Mountain, and other businesses owned by Ariel Quiros seems to have things well under control. In a news conference on Wednesday, Apr... More »
copyright the Chronicle April 27, 2016 by Joseph Gresser Jay Peak may not have enough money to keep going through the summer, said Michael Goldberg, the Florida lawyer put in charge of overseeing the collection of EB-5 projects centered around the ski resort. ... More »
