Get a glimpse of a local exec’s severance agreement. A big promotion for another high earner. And local REITs moving hundreds of millions of dollars on deals.
Trading Day: Local SEC filings for 8.1.13
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.
Bank gets new digs for its Richmond team
One of the area’s biggest banks is bulking up its presence in Innsbrook.
The R&D Dept.: Local patents for 7.31.13
Interesting patents this week for VCU, Afton Chemical and a local inventor of a double-sided jigsaw puzzle.
Libbie Mill crosses the starting line
The earth is moving once again at a long-dormant plot of land near Staples Mill Road and Libbie Avenue.
Holladay lands another deal at Exit 89
The developer of Winding Brook has sold off another chunk of its Ashland holdings.
College to pay millions to former students
A local for-profit college accused by former students of being “a sham” last week ended a two-year legal battle in federal court.
Local PR agency ties the knot
A deal to be acquired by an out-of-state firm will create an agency with more than 200 employees.
Essex puts $4.5 million toward its future
A local bank has taken a big step toward getting out from under TARP.
Trading Day: Inside local SEC filings for 7.25.13
A local firm forced to make a filing after an employee in Europe speaks out of turn. A director at a local REIT steps down. And a big new line of credit for a local insurer.
Financial manager pleads guilty to fraud
A Richmond finance manager pleaded guilty Tuesday in federal court to defrauding his rock star client, but the question of exactly how much money was misappropriated remains open.