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Investor finds coal in his stocking, not in his portfolio

It didn’t take a local ophthalmologist long to start second-guessing his $800,000 investment in a fledgling Appalachian coal mining operation. And now he has filed a lawsuit to try and recover his money.

Bank’s troubles haunt new owner

Why regulators won’t let a profitable, well-capitalized bank holding company throw its shareholders a bone.

REIT hungry for more deals

A Richmond-based real estate fund has gone on a buying binge lately and wants to raise another $2 billion to keep gobbling up more property.

Labor Day deals

Once again, we’ve taken the labor out of your pre-Labor Day getaways within three hours’ drive of Richmond. While many of the properties require more than one overnight for the best deal, others appeal to the frugalista in all of us by extending the discounts beyond the holiday.

Union wants homebuilder to pay up

Union First Market Bank filed suit last week in Chesterfield County Circuit Court in an attempt to recoup $5.5 million from a Midlothian-based homebuilder.

Ponzi scheme’s Richmond ties

The attorney working to recover funds from a $28 million Ponzi scheme says there are people and entities in Richmond and that may have profited from the alleged fraud.