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

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.

Rapid City freelancer Victoria L. Wicks has been producing news for SDPB since August 2007. She Retired from this position in March 2023.
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