The used car retailer, which went public in January, has been sued at least three times in the last two months for alleged securities law violations.
CarLotz hit with multiple lawsuits by disgruntled stockholders
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.
Genworth relocating to Reynolds Crossing as it plots redevelopment of its Henrico campus
The company plans to cash in on the region’s thriving real estate market by turning its 45-acre campus into a mix of office, retail and residential uses.
Law giant Holland & Knight adding downtown Richmond office
Meanwhile, longtime Richmond law firm CowanGates is expanding east into Hampton Roads.
Circuit City bankruptcy headed for conclusion after nearly 13 years
Creditors of the collapsed electronics retailer received 55 cents on the dollar. Attorneys and other professionals billed the bankruptcy estate for $212 million.
Hild blames attorney, seeks acquittal or new trial as sentencing looms
The Richmond businessman convicted of fraud over an alleged bond pricing scheme claims his counsel was ineffective because of conflicts of interest.
Hard Hat Happy Hour Virtual Tour: Sauer Center
The first phase of office space at the Whole Foods-anchored Sauer Center continues to take shape off West Broad Street. Hundreds of employees from Great Minds, Barton Malow, SingleStone and CarMax will soon fill the site. And watch out for the T-Rex!
Bank of America closing Forest Hill Avenue branch permanently
Foot traffic at the bank’s only location on the city’s Southside began falling before the pandemic and it has been shuttered since it began.
Former LeClairRyan attorney Matson found to have committed ‘multiple instances of embezzlement’
He pleaded guilty on Thursday of obstructing an official proceeding over lies he told regarding the LandAmerica bankruptcy estate for which he served as trustee.
Capital One laying off 147 remote workers managed from West Creek
The region’s largest employer said there is no direct impact to its Goochland County campus, where a bulk of its 13,000 local employees are typically based.
Disbarred former LeClairRyan attorney Bruce Matson charged in criminal case
He faces one count of obstruction of an official proceeding related to his work as the trustee overseeing the bankruptcy of LandAmerica.