Michael Schwartz

Michael Schwartz is the editor of Richmond BizSense, and covers banking, lawsuits, finance, M&A and golf. He can be reached at [email protected] or 804-855-1037.

Trading Day: Local SEC filings 2.27.14

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After being pressured by its biggest shareholders, a local firm is bringing on a slate of new directors. A local fortune 500’s president is no longer in that position. And local insiders selling off shares.

REIT company gets one thing off its plate

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Moving toward a potentially lucrative merger and with a new hotel underway in Shockoe Slip, a local real estate investment firm this month cut a deal to end a government investigation.

N.C. bank sets down Richmond roots

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A month after beginning its first local operations, a Charlotte-based bank has found a place to call home in Richmond and expanded its roster.

Curtain opens on new era for local theater

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An 85-year-old theater last week debuted its latest incarnation with a ceremony that included a huge red drape dropping to reveal a high-tech marquee emblazoned with a local tobacco giant’s name.

Trading Day: Local SEC filings for 2.20.14

A Star Scientific director resigns from the company’s board. A big stock sale by a local CEO. And several other sell offs by local insiders.

Bank downsizes and tweaks its vision

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In the midst of a regime change and still working to ditch baggage from the recession, a Midlothian bank last week unveiled a plan it hopes will get regulators off its back and put it firmly back in the black.