Several local directors and executives exited their posts at year's end, plus new directors at Richmond's biggest bank. And NewMarket announced a $700 acquisition. (BizSense Pro required)
Former executives with the onetime owner of the Ann Taylor retail clothing brand defeated class claims alleging that they overstated the company's value before unveiling a roughly $1.3 billion impairment, with a New Jersey federal judge on Tuesday concluding that their "rosy" estimates did not amount to duping investors.