Jay Peak Inc

Jay Peak Inc. is a company that became embroiled in legal issues following an emergency action filed by the U.S. Securities and Exchange Commission in April 2016. The SEC accused the corporate and relief defendants of misappropriating millions in investor funds intended for EB-5 development projects, leading to the appointment of a receiver to manage the company's assets.

Under the management of the appointed receiver, Michael I. Goldberg, the company is navigating the complexities of asset recovery and the repercussions of a fraudulent investment scheme that allegedly misused funds across various projects over several years. The SEC's complaint highlights a series of fund diversions that began with early EB-5 projects initiated at Jay Peak Resort.

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