Jay Peak resort owner Ariel Quiros has asked to swap out his counsel in the U.S. Securities and Exchange Commission's $350 million EB-5 visa suit against him, requesting a Florida federal court allow León Cosgrove LLC and Mitchell Silberberg & Knupp LLP to leave the action.
In the Wednesday filing, Quiros asked to replace the firms with Melissa D. Visconti of Damian & Valori LLP as his counsel.
“Defendant Ariel Quiros has terminated the undersigned law firms and instructed them to do no further work on his matters,” according to the motion.
The firms could not be reached for comment late Thursday.
Quiros has already experienced counsel-related issues in the SEC suit, which accuses Quiros and Jay Peak CEO William Stenger of misappropriating the bulk of $350 million raised from investors hoping to obtain visas through the EB-5 program, which provides green cards to foreign nationals who invest in job-creating American businesses.
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