Yet another class-action lawsuit is being filed against the underwriters of Value America’s ’99 initial public offering. Shareholders charge that they created a distorted sense of demand for the stock. Reed Williams has the story in today’s Progress.
News and meta-news about Charlottesville, VA, since 2001.
Author Archive for Waldo Jaquith
Page 520 of 549
At 2 AM this morning, a Tokyo Rose customer was discovered by bouncers to be carrying a pistol in his waistband. When they tried to eject him, he ran upstairs to the restaurant and began shooting randomly. Though he did not hit anybody, several people were injured in the ensuing panic. The customer escaped, and has not yet been found. Police describe him as a slender 6 foot-tall black male. WINA has the story.
Remember the SWAT team that destroyed the house on Nassau Street a few months ago? Well, the folks that lived in the house are moving out of the motel they’ve been living in and into a house on Ware Street. WINA has the story.
Fluvanna has approved Competitive Power Ventures‘ power plant, the one that was reported as approved some weeks ago. Turns out that was just the Planning Commission, so now it’s approved for real. (?) WINA reports that well over 100 people attended last night’s meeting, and some have already said that they intend to sue the Board over the approval.
The two owners of the Charlottesville Ice Park are arguing over the future of the facility. Lee Danielson wants to shut it down, telling the Progress that “the ice park should have closed down long ago. Economically, it has not worked.” But business partner Colin Rolph said that “the ice park is not going to be closed. It would be a huge loss to downtown. It’s still there, and it’s just fine, and it’s not going to be closed.” Regarding Danielson’s comments, he said that “Lee is basically not part of Charlottesville anymore.” Jack Mooney has an extensive story in today’s Progress.
Sideblog
Police announced this afternoon that their investigation into what was initially believed to be a fatal fire on Rugby Avenue is now a homicide investigation. #
The Virginia Supreme Court has denied George Huguely’s appeal. His second-degree murder conviction will stand, WRIC reports. #
In a carefully worded story, and not citing specific sources, WTVR reports that forensic evidence belonging to Jesse Matthew Jr., the main suspect in the disappearance of Hannah Graham, matches forensic evidence collected during the investigation of Morgan Harrington’s 2009 murder. #
In the wake of Hannah Graham’s disappearance, and the evidence that came from private security footage, city officials are revisiting the question of installing security cameras on the downtown mall. #
Both Charlottesville Registrar Sheri Iachetta and former Electoral Board member Stephanie Commander have turned themselves in to the police on
foursix and four felony counts of embezzlement, respectively. #Ten years ago, the National Institutes of Health budget doubled and schools like the University of Virginia built massive new research facilities. A decade later, those buildings remain largely underutilized. NPR visits UVA in this story on the effect of federal binge and spurge spending in the sciences. #
In 2012, Council approved a new student housing complex on West Main—now some council members are questioning whether what they were shown matches what was built. #
The Architectural Review Board has approved a bike-themed mural on West Market, below the McGuffey Art Center, although at least one member expressed concerns that it might look like the bicyclists were riding away from Charlottesville’s downtown. #
City Police Chief Tim Longo is meeting with city leaders to work on protocols regarding the use of military surplus police weapons in Charlottesville. #
A 100-year-old Colonnades resident received military honors for her service in the WWII Women’s Army Corps #
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