Chen
Securities and Exchange Commission v. Chen
Opinion
trial_court Opinion
1 2 3 4 5 6 7 8 UNITED STATES DISTRICT COURT 9 NORTHERN DISTRICT OF CALIFORNIA 10 San Francisco Division 11 SECURITIES AND EXCHANGE Case No. 18-cv-06371-LB
COMMISSION,
12 Plaintiff, ORDER DENYING DEFENDANT 13 KUANSHENG CHEN’S MOTION TO v. DISMISS FOR LACK OF PERSONAL 14 JURISDICTION JEAN DANHONG CHEN, et al., 15 Re: ECF No. 61 Defendants. 16 17 INTRODUCTION 18 In this lawsuit, the Securities and Exchange Commission (“SEC”) charges a scheme to violate 19 U.S. securities laws by, among other acts, certain defendants’ acting unlawfully as brokers and 20 receiving unlawful commissions, in connection with investment offerings under the federal EB-5 21 Immigrant Investor Program, and then covering up the scheme.1 The United States Citizenship and 22 Immigration Services (”USCIS”) administers the EB-5 program, which allows foreign investors to 23 invest at least $500,000 in USCIS-approved businesses, thereafter obtain a…