Investor Files Class Action Lawsuit in Jay Peak Fraud Case
A foreign investor has filed a class action lawsuit against two developers accused of misusing $200 million in investors’ funds for developments in northern Vermont. Alexandre Daccache is suing developers Ariel Quiros and William Stenger, the financial firm Raymond James, and Joel Burstein, Quiros’ then-son-in-law who worked at Raymond James. The lawsuit filed Tuesday in …