RoomStore may go public

Richmond-based furniture company The RoomStore took steps recently that could lead to public trading of the retailer’s stock. Furniture Today magazine reported that the company filed a Form S-1 with the Securities and Exchange Commission in April and is currently in a comment and revision period with the regulatory agency. The private company is the… Read more »

Madoff fraud: Three degrees of separation

“When you meet him, you’d like him.” – Pat Fishe, professor of finance at University of Richmond’s Robins School of Business. Fishe met alleged fraud Bernard Madoff in 2000 while serving as a visiting fellow at the Securities and Exchange Commission. On occasion, Madoff provided expert insight for the SEC.

LandAmerica cuts 20 percent of Richmond office

LandAmerica Financial Group laid off about 120 of the 600 workers at its Richmond headquarters Monday, according to a company spokeswoman. Many of the affected packed up and left the company in the middle of the afternoon.