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XIA BI v. McAULIFFE

No. 18-2194.

927 F.3d 177 (2019)

XIA BI; Nian Chen; Yuanyuan Chen; Qingli Cheng; Ying Cheng; Dongsheng Hu; Jun Huang; Kui Le; Chungsheng Li; Zhonghui Li; Lin Lin; Lan Liu; Ling Liu; Zheng Qin; Meiming Shen; Yunping Tan; Bixiang Tang; Xiaonan Tang; Chun Wang; Rui Wang; Yahong Wang; Yue Wang; Jian Wu; Lei Yan; Junping Yao; Jin You; Zhen Yu; Houqian Yu; Nianqing Zhang; Xuemei Zang; Huibin Zhao; Yan Zhao, Plaintiffs-Appellants, v. Terry McAULIFFE; Anthony Rodham, Defendants-Appellees and Xiaolin Charles Wang; American Immigration Centers, LLC, a Virginia limited liability company; Capital Wealth Holdings Limited, a British Virgin Islands company; Greentech Automotive Capital A-3 GP, LLC, a Delaware limited liability company; Greentech Automotive, Inc., a Mississippi corporation; Gulf Coast Funds Management, LLC, a Louisiana limited liability company; WM Industries Corp, a Virginia corporation; Does 1-100, Defendants.

United States Court of Appeals, Fourth Circuit.

Decided: June 12, 2019.

Attorney(s) appearing for the Case

ARGUED: Gerard Patrick Fox , Marina Vladimir Bogorad , GERARD FOX LAW P.C., Los Angeles, California, for Appellants. Marc Erik Elias , PERKINS COIE LLP, Washington, D.C., for Appellees. ON BRIEF: Scott M. Abeles , GERARD FOX LAW P.C., Washington, D.C., for Appellants. Bruce V. Spiva , Amanda R. Callais , PERKINS COIE LLP, Washington, D.C., for Appellees.

Affirmed by published opinion. Judge Wilkinson wrote the opinion, in which Judge Niemeyer and Senior Judge Duncan joined.

Twenty-seven Chinese investors appeal from the dismissal of their claims against Terry McAuliffe and Anthony Rodham stemming from failed investments in an electric vehicle startup. For the reasons that follow, we affirm.

I.

A.

We accept as true the following facts, which come from plaintiffs...

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