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October 2023 Top Five
The top five most-read daily news stories on VirginiaBusiness.com from Aug. 16 to Sept. 14, 2023, were led by the news that Bon Secours filed suit against Anthem in Henrico County Circuit Court. 1 | Bon Secours sues Anthem for $93 million The health system alleges that insurer Anthem Health Plans of Virginia owes unpaid […]
Falwell Jr. lawsuit targets Prevo, Liberty board members
A legal complaint filed last week by former Liberty University President and Chancellor Jerry Falwell Jr. alleges that President Emeritus Jerry Prevo and members of Liberty’s executive committee received in excess of $1 million from the university “through a series of questionable self-dealing transactions that have the appearance of kickbacks.” Filed in the U.S. District [&helli[...]
Steampunk wins pregnancy discrimination lawsuit
A federal jury ruled on Friday that a McLean-based IT federal contractor did not discriminate against a former employee on the basis of pregnancy or retaliate against her. The eight-person jury’s decision was unanimously in favor of Steampunk Holdings and its subsidiary, Steampunk Inc., after a five-day trial in the U.S. District Court for the […]
Bon Secours sues Anthem for $93M
Health system Bon Secours filed suit against insurer Anthem Health Plans of Virginia Monday in Henrico County Circuit Court, alleging Anthem owes Bon Secours $93 million in unpaid claims. The plaintiffs, collectively titled BSMH Virginia, allege that Anthem Health Plans of Virginia (doing business as Anthem Blue Cross and Blue Shield) failed to pay “in […]
Chesterfield pharma company to pay $30M in Suboxone settlement
Chesterfield County-based pharmaceutical manufacturer Indivior Inc. has reached a $30 million settlement agreement in a federal class-action antitrust lawsuit brought by a group of health plans over the manufacturer’s opioid addiction treatment drug, Suboxone. The global parent company, Indivior PLC, announced the settlement Monday, and the plaintiffs filed a memorandum in support of the set[...]
Altria settles 6,000 Juul-related lawsuits for $235M
Henrico County-based Altria Group Inc. has settled at least 6,000 state and federal lawsuits related to Juul Labs Inc. for $235 million, the Fortune 500 tobacco manufacturer announced Wednesday. The settlements will be paid in the second quarter of 2023. Altria purchased a 35% stake in e-cigarette company Juul for $12.8 billion in 2018. Months […]
Resetting the bar
Two venerable Virginia law firms — Roanoke’s Woods Rogers PLC and Norfolk’s Vandeventer Black LLP — combined forces in July 2022, creating the state’s fifth largest firm, Woods Rogers Vandeventer Black PLC, based in Roanoke. It‘s a true statewide firm, with branch offices in Norfolk, Richmond, Lynchburg and Charlottesville, in addition to locations in Kitty […]
D.C. AG’s office sues Snyder, Commanders, NFL
Washington, D.C., Attorney General Karl Racine announced on Twitter Thursday afternoon that his office is suing the Washington Commanders team, owner Dan Snyder, NFL Commissioner Roger Goodell and the National Football League, accusing the defendants of “colluding to deceive District residents … about an investigation into toxic workplace culture,” referring to the NFL’s 20[...]
Genworth insurance co. settles class action for $25M
Richmond-based Genworth Life & Annuity Insurance Co. has settled a class-action lawsuit with 13,400 insurance policy holders for $25 million. U.S. District Judge David Novak of the Eastern District of Virginia approved the settlement Monday. GLAIC, a subsidiary of Fortune 500 life, mortgage and long-term care insurer Genworth Financial Inc., was sued for $5 billion […]
D.C. sues bitcoin whale Michael Saylor for tax fraud
MicroStrategy Inc. founder Michael Saylor was sued in August by the city of Washington, D.C., which alleges that he defrauded the nation’s capital of more than $25 million in income taxes. The lawsuit argues that Saylor falsely claimed to reside in Virginia or Florida while instead living in a luxury Georgetown penthouse. The civil suit, filed […]
Bitcoin whale Michael Saylor accused of tax fraud
Tysons-based MicroStrategy Inc. Executive Chairman Michael Saylor is being sued by the city of Washington, D.C., which accuses Saylor of engaging in a fraudulent scheme to deprive the city of more than $25 million in income taxes while living in “a luxury penthouse on the Georgetown waterfront” and claiming to be a resident of Virginia […]
McLean-based Appian wins $2B verdict in trade secrets lawsuit
Appian Corp., a cloud computing firm based in McLean, won $2.03 billion — an amount estimated to be the largest award in Virginia state court history — in a trade secrets verdict against a competitor Monday in Fairfax County Circuit Court. Appian sued Massachusetts-based Pegasystems Inc. and an individual, Youyong Zou, in May 2020, alleging […]
