The ruling comes 18 months after the former Live Well Financial CEO was found guilty of a fraud that toppled the company. He’s now set for sentencing next month.
Hild denied new trial, conviction upheld
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.
Buffett’s Berkshire Hathaway buys Innsbrook buildings for energy HQ
The $20 million purchase of 192,000 square feet across two buildings means Berkshire Hathaway Energy will continue to be headquartered in the Richmond area. Its local operations were spun out of Dominion Energy in 2020 after an $8 billion deal.
CarLotz, Shift shareholders to vote on merger this week
The companies also responded in SEC filings to the rising number of shareholder lawsuits scrutinizing the deal, saying the complaints are meritless and are not expected to slow the merger.
Changing of the guard set for downtown investment banking firm
Matrix Capital Markets Group will have a new president at year’s end and also recently hired its first ever COO.
Norfolk law firm to open downtown Richmond office
Pierce McCoy has taken a liking to ground floor spaces in downtown office buildings to give it street-level visibility.
Golf swing clinic Golftec adds second location in the region
“The Glen Allen location serves a bunch of nice clubs north of the river and there’s a lot untouched on this side,” said Zachary Martin, who runs the new shop at 11615 Midlothian Turnpike.
Matson settlement with LandAmerica estate gets judge’s approval
The agreement effectively ends a legal scandal that began three years ago when Matson, a now-disbarred veteran Richmond attorney, was caught stealing millions of dollars from LandAmerica’s bankruptcy winddown fund while serving as the estate’s trustee.
VACU to add Arts District branch in former Bistro 27 space
The region’s largest credit union continues its push for increased visibility with a new downtown location that will follow new spots in Carytown and Scott’s Addition.
CarLotz closing more stores ahead of planned merger
The struggling used car retailer disclosed in an SEC filing last week its plans to shutter three of its 11 stores on top of 11 other closings earlier this year.
Wells Fargo closing Southside branch on Belt Boulevard
The banking giant has also put locations in the West End, Chester and Short Pump on the chopping block in the last 12 months.