The recent enforcement action by the U.S. Securities and Exchange Commission (SEC) against an EB-5 affiliated investment (Chicago Convention Center “CCC”) is a new industry development welcomed by the Association to Invest In the USA (IIUSA). As part of its ongoing commitment to discussing issues around “best practices” for the industry, IIUSA is pleased to host a panel featuring IIUSA leadership and experts in securities related enforcement actions to discuss SEC process and procedure for recovery of investor assets. Attendees should expect a robust and detailed presentation on these issues, using the publicly available information about the SEC’s civil enforcement action against CCC, with time for Q & A at the end.
Join us on Friday 2/22 to engage with IIUSA and learn what this new industry development means for YOU!
Panelists
K. David Andersson*, President, IIUSA; President, Whatcom Opportunities Regional Center
Robert E. Hauberg, Jr., Shareholder, Baker Donelson Bearman Caldwell & Berkowitz, PC
Jackie Prester, Baker Donelson Bearman Caldwell & Berkowitz, PC
Join us on Friday 2/22 to engage with IIUSA and learn what this new industry development means for YOU!
$50 members/$100 nonmembers
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K. David Andersson, President, IIUSA; President, Whatcom Opportunities Regional Center
David Andersson has been involved with the EB-5 U.S.A. Immigrant Investor Program for almost two decades now. He currently serves as President of the Association to Invest In the USA (IIUSA) – the national industry trade association for active EB-5 Regional Centers in the United States – a position he has held since 2010. Mr. Andersson is also founder and President of the Whatcom Opportunities Regional Center in Washington State, and a licensed practicing immigration attorney with a particular focus on immigration through business and investment. Mr. Andersson is a frequent speaker on the EB-5 Program thanks to his multi-disciplinary perspective he brings to the Program through his diverse industry experience.
Robert C. Divine, leader of the Firm’s Immigration practice group and a shareholder who works from the Firm’s Washington, D.C., and Chattanooga offices, concentrates his practice in business immigration and litigation. He has extensive experience serving clients throughout the world in the arrangement of all types of business-based temporary and permanent immigration status, including specialty occupations (H-1B, TN, E-3), individual and blanket international transferee programs (L-1), traders and investors (E-1/E-2, EB-5), medical workers, religious workers, labor certification, national interest waivers and extraordinary ability aliens.
Mr. Divine represents many business developers in creating, managing and using “Regional Centers” that can create indirect jobs toward the 10 new U.S. jobs whose creation can give rise to EB-5 permanent residence for investment in the developers’ projects. He was elected Vice President of the national industry association of “EB-5” Regional Centers,Association to Invest in USA (IIUSA). He represents developers similarly using other parties’ Regional Centers. He coordinates this work with attorneys supporting securities law compliance in offerings to investors, with economists identifying “targeted employment areas” and projecting indirect job creation, with licensed securities brokers coordinating offerings, and with attorneys obtaining U.S. Government (OFAC) licenses to serve investors from restricted countries (Iran). He also represents individual investors in obtaining conditional permanent residence and in removing conditions from permanent residence.
By presidential appointment, Mr. Divine served in Washington, D.C., from July 2004 until November 2006 as Chief Counsel of United States Citizenship and Immigration Services (USCIS), the world’s largest immigration services agency within the U.S. Department of Homeland Security. From July 2005 until July 2006, he served as Acting Director and then Acting Deputy Director of USCIS, spearheading the USCIS Transformation Program, testifying in Congress about the E-Verify system, enhancing operational security, and increasing transparency of rules and procedures.
Robert E. Hauberg, Jr., Shareholder, Baker Donelson Bearman Caldwell & Berkowitz, PC
Robert E. Hauberg Jr. is a shareholder in the Jackson, Mississippi, and Washington, D.C., offices and former leader of the Firm’s Government Regulatory Actions Group. He is a member of the Corporate Compliance, Ethics and Crisis Management Practice and the Health Care Investigations and the Government Contracts Industry Service Teams. Mr. Hauberg concentrates his practice in antitrust, securities, False Claims Act and RICO litigation; white collar crime; internal investigations including foreign corrupt practices and price fixing; corporate compliance; and litigation for financial institutions, health care and pharmaceutical providers, government contractors, and public officials. He has represented companies and individuals from Canada, China, Denmark, Egypt, Germany, Japan, Kuwait, The Netherlands, Russia, Switzerland, Turkey and the United Kingdom. He has handled dozens of grand jury investigations and trials.
In 1973, he became an Assistant U.S. Attorney for the District of Columbia and served until 1976, at which time he became a Trial Attorney and then Assistant Chief of the Communications and Finance Section of the Antitrust Division of the Department of Justice. In 1986, he was appointed Senior Trial Attorney and then Senior Litigation Counsel of the Fraud Section of the Criminal Division of the U.S. Department of Justice. In 1990, Mr. Hauberg was honored by the Department of Justice with a special commendation for his work on major prosecutions by the Dallas Bank Fraud Task Force.
Jackie G. Prester, Shareholder, Baker Donelson Bearman Caldwell & Berkowitz, PC
Jackie G. Prester, shareholder in the Memphis office, practices in the corporate and securities areas, with particular experience representing financial institutions, broker-dealers and investment advisers.
Corporate & Securities: Ms. Prester serves as securities counsel for public company clients. Ms. Prester routinely advises companies raising capital through private placements of securities, as well as offerings registered with the SEC. Ms. Prester advises corporate clients on strategic alternatives, negotiating mergers and acquisitions on behalf of clients.
Financial Institutions: Ms. Prester represents numerous financial institutions, with extensive experience forming, converting, buying and selling banks. She represents clients in buying, selling and securitizing loan packages. She regularly counsels clients on various bank regulatory issues, including compliance with newly enacted statutes and regulations and regulatory enforcement actions. Ms. Prester worked as a national bank examiner with the Office of the Comptroller of the Currency from 1987-1993.
Broker-Dealers & Investment Advisers: Ms. Prester represents numerous broker-dealers and investment advisers. She regularly counsels clients on compliance issues.
