Texas Attorney General Ken Paxton filed a lawsuit on Friday against the East Plano Islamic Center (EPIC), Community Capital Partners (CCP) and several associated leaders, accusing them of running an illegal securities and land development scheme tied to a proposed 400-acre community known as "EPIC City."The lawsuit, filed in Collin County, follows a monthslong investigation and a referral from the Texas State Securities Board. The state alleges the defendants raised tens of millions of dollars while violating securities laws, misleading investors about the project’s nature and location, and mi...
HALO NEWSLETTER
Join HALO today and unlock this story instantly — It's Free