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.

Allen Ferguson sentenced to 14 months

Mary Rutherfoord Mercer Ferguson supports her husband, Allen Mead Ferguson, as the enter the federal courthouse on West Broad Street before his sentencing.

The bankrupt former businessman and philanthropist, who must also pay $2.94 million in restitution, apologized in court for the pain he caused and said he “will live with that remorse the rest of my life.”

Trading Day: Inside local SEC filings for 2.14.13

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A team of insiders cashes in on big stock options. A local bank buys back its final remnants of TARP. And bonus plans set for the top dogs another a Richmond bank.

A food fight over franchise fees

The doughnut and ice cream business has become messy for the owners of 10 Central Virginia Dunkin’ Donuts and Baskin-Robbins stores.

Ferguson’s friends plead for leniency

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A letter-writing campaign looks to avert jail for former investment banker Allen Mead Ferguson on money laundering and mail fraud charges.