Chen Fang v. CMB Export Infrastructure Investment Group 48 LP

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF CALIFORNIA 10 CHANG FANG, et al., No. 2:24-cv-01618-DJC-SCR Plaintiffs, v. ORDER

CMB EXPORT INFRASTRUCTURE INVESTMENT GROUP 48, LP, et al., 15 Defendants. 16 Plaintiffs brought the present action on behalf of themselves and those similarly situated. Plaintiffs claim that they were induced to invest in a limited partnership in order to obtain EB-5 visas due to Defendants’ misrepresentations and that their investment was lost due to Defendants’ mismanagement of the limited partnership. Defendants have filed a Motion to Dismiss (ECF No. 35) that seeks dismissal of all of Plaintiffs’ claims, on a variety of bases. For the reasons stated below, Defendants’ Motion to Dismiss is granted in part and denied in part.1 //// //// 27 1 The Court simultaneously addresses the Motions to Dismiss in this action and the related action, Bai v. CMB Export Infrastructure Investment Group 48, LP, No. 2:24-cv-00807-DJC-SCR. BACKGROUND …