Point Ruston spawns another lawsuit over money, this time from foreign investors

The continued battle over lost investments at Point Ruston has sprawled into a new federal case.

On Monday, 78 foreign investors who contributed to the Point Ruston project through the U.S. EB-5 program sued multiple individuals and entities connected to the site over financial losses at the redeveloped Asarco Superfund site that straddles Tacoma and Ruston.

The program allows foreign nationals to obtain a U.S. green card by investing in a qualifying U.S. business that creates or preserves at least 10 permanent full-time jobs for U.S. workers…

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