Two shareholders are striking out at the insurance giant’s executives and directors, alleging that their false assurances about a large chunk of the company’s business led to huge losses and class-action lawsuits.
Law
Tax service firm’s former principal pleads guilty to $20M scheme
A Northern Virginia man faces a maximum sentence of 30 years after inflating tax figures for large clients to boost his own bonuses.
Local businessman sues Uber over alleged assault
A taxi driver hailed using the Uber app allegedly attacked a Chesterfield man and an associate during a trip in Manhattan, and the pair is going after the company for $1.25 million.
Law firm tapping into busy Delaware docket
A large firm in the local legal scene has launched its 25th office and finally broken into Delaware, home to an endless stream of big business cases.
LandAmerica bankruptcy coming to a close
The collapsed financial firm plans to make its creditor payouts before the end of this year, with only one major asset left to unload: a palatial mountaintop mansion outside San Diego.
LandAmerica class-action case settled for $5M
The folded financial firm put an end to a long-standing lawsuit related to the misuse of its pension fund, but the former execs and directors named as defendants escaped unscathed.
Bankrupt law firm brings case to Richmond
A Georgia law firm that once regularly did work in Richmond filed for Chapter 11 in Henrico County after one of its former partners allegedly embezzled some $20 million.
Local lawyer’s invention drops into the groove
A commitment to audio fidelity has landed a Richmond lawyer his first patent and a chance to potentially get a taste of the music business.
Judge grants Rothenberg more time in case against musician
Andy Rothenberg, the convicted former finance manager of Dave Matthews Band violinist, has 20 days to again refile his lawsuit against his old client, which claims the musician impeded his chances of working with other celebrities.
$5M settlement proposed in case against LandAmerica execs
A lengthy legal dispute between former employees and executives of the tanked Richmond financial giant LandAmerica could finally come to a close with a $5 million settlement on the table.