A judge has dismissed a lawsuit filed by Fluvanna County’s Board of Supervisors against Davenport & Co. related to a $70 million bond sale in 2008.
Davenport & Co
Markel | Eagle hatches new investment fund
A private equity fund’s appetite for distressed real estate can’t be tamed.
Broken bonds
A rural county near Charlottesville is suing a Richmond financial firm it worked with for more than 15 years.
Financial advisor says Wells Fargo defamed him
Matthew Whitaker doesn’t dispute the terms of his firing, but he has an issue with what happened later.
Mutual fund field gets more crowded
One of Richmond’s oldest financial firms has launched two new mutual funds.
Regulators request turnaround plan from Va. Business Bank
At the request of state and federal regulators, Richmond-based Virginia Business Bank must submit a survival plan that assesses management and basic metrics and prevents the bank from lending more to borrowers who are behind on payments.
Virginia Business Bank hires Davenport to examine strategic options
The bank planned on raising $6 million to $9 million last fall, but, given the economic climate, that has proved more difficult than expected. The company was only able to raise a fraction of that amount.
Study says city support needed for ballpark
After reviewing the results of a $100,000 economic feasibility study, Mayor Dwight Jones still isn’t quite ready to greenlight a $318 million mixed-use project in Shockoe Bottom.
Auction-rate insecurity: Local investors and businesses still waiting to get money
Some local businesses and individuals are still trying to get their money out of auction-rate securities – bond funds that were thought to be as accessible as savings accounts but became frozen. BizSense reported in April that investors with Wachovia Securities, Davenport & Co. and Charles Schwab could not get money from mutual funds that… Read more »