Law

Developer files for Chapter 11

Under pressure from a lender, a big local developer filed for personal bankruptcy protection.

Wanted: Disgruntled investors

Questions about the financial state of a local REIT have class action attorneys across the country smelling blood.

Investment firm to pay fines in SEC settlement

Wunderlich Securities, a Tennessee-based investment firm that entered the Richmond market in November, has reached a settlement with the SEC related to allegations of overcharging its clients.

Justin French’s other scam?

Abusing historic tax credits wasn’t the only scheme developer Justin French might have had his sleeve.

The Justin French saga ends

The formerly high-flying developer is sentenced for a massive real estate tax credit fraud, and the judge does not go easy on him.

French bankruptcy approved

A U.S. bankruptcy judge has approved the involuntary bankruptcy petition against fallen developer Justin French.

Richmond agent guilty of fraud

Julius Everett “Bud” Johnson pleaded guilty in federal court in a suit that charged him with conspiracy to commit mail, wire and bank fraud, and engaging in unlawful monetary transactions.