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SD Supreme Court: EB-5 Investors Can't Sue State Agencies Or Contractor

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Thirty-five Chinese nationals who lost millions when the EB-5 immigrant investment program went bankrupt can't sue South Dakota state agencies.

That's the decision of the South Dakota Supreme Court, issued Thursday, June 25.

A lower court dismissed the lawsuit because state agencies involved in running the investment program did not waive sovereign immunity.

The high court affirms that decision.

SDPB's Victoria Wicks has more.

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