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Top Five October 2024
The five most-read stories on VirginiaBusiness.com from Aug. 16 to Sept. 13
Kira //September 29, 2024//
Top Five October 2024
The five most-read stories on VirginiaBusiness.com from Aug. 16 to Sept. 13
Kira //September 29, 2024//
The top five daily news stories on VirginiaBusiness.com from Aug. 16 to Sept. 13 included news that LL Flooring is selling 219 stores and other assets to an entity connected to F9 Group, which is owned by Lumber Liquidators’ founder and former CEO, Tom Sullivan.
1 | Portsmouth business owner pleads guilty to $1.3 million Medicaid fraud
The owner of a home and mental health care services business pleaded guilty to one count of health care fraud and six counts of making false statements. (Aug. 28)
2 | LL Flooring to sell 219 stores; 211 other stores set to close
After declaring Chapter 11 bankruptcy, Henrico County’s LL Flooring signed an agreement to sell 219 stores and other assets to F9 Investments. (Sept. 7)
3 | Richmond Flying Squirrels’ new stadium will be CarMax Park
The Fortune 500 company will be the naming sponsor for the minor league baseball team’s new ballpark, starting with the 2026 season. (Sept. 4)
4 | Peraton taps new chairman, president and CEO
Steve Schorer succeeded Stu Shea at the Reston-based federal contractor owned by Veritas Capital. (Sept. 3)
5 | Smithfield separates from European arm
Smithfield Foods’ European operations have been carved into an independent subsidiary: Morliny Foods. (Aug. 27)
