Top Five October 2024

The five most-read stories on VirginiaBusiness.com from Aug. 16 to Sept. 13

Virginia Business// September 29, 2024//

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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)

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Top Five October 2024

1 | Portsmouth business owner pleads guilty to $1.3 million Medicaid fraud

2 | LL Flooring to sell 219 stores; 211 other stores set to close

3 | Richmond Flying Squirrels’ new stadium will be CarMax Park

4 | Peraton taps new chairman, president and CEO

5 | Smithfield separates from European arm

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