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XIA BI v. McAULIFFE

No. 18-2194.

XIA BI; NIAN CHEN; YING CHENG; CHUNGSHENG LI; LIN LIN; LAN LIU; MEIMING SHEN; YUNPING TAN; BIXIANG TANG; YAHONG WANG; YUE WANG; JIAN WU; JUNPING YAO; XUEMEI ZHANG; YAN ZHAO, Plaintiffs-Appellants, and YUANYUAN CHEN; JUN HUANG; KUI LE; ZHONGHUI LI; CHUN WANG; RUI WANG; LEI YAN; JIN YOU; ZHEN YU; HOUQIAN YU; NIANQING ZHANG; HUIBIN ZHAO, Plaintiffs, v. TERRY McAULIFFE; ANTHONY RODHAM, Defendants-Appellees, and XIAOLIN "CHARLES" WANG; DOES 1-100, Defendants.

United States Court of Appeals, Fourth Circuit.

Decided: June 12, 2019.

Amended: July 9, 2019.

Designation of Appellants Amended: July 17, 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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