Quantcast

Fluvanna BOS Reduces Damages in Suit against Former Financial Ad - NBC29 WVIR Charlottesville, VA News, Sports and Weather

Fluvanna BOS Reduces Damages in Suit against Former Financial Advisor

Posted: Updated:
FLUVANNA COUNTY, Va (WVIR) -

Fluvanna County's Board of Supervisors is now asking for less money in a multimillion-dollar lawsuit with its former financial advisor, Davenport & Company.

Lawyers representing the board filed a motion last week to amend the original complaint against Davenport. The filing reduces the damage claim from $18 million to just over $5 million.

The board cites that, after refinancing all bonds, it found that the damages were less than originally calculated.

  • Fluvanna BOS Reduces Damages in Suit against Former Financial AdvisorMore>>

  • Sign Up for Email Alerts

    Sign up to receive NBC29 news and weather updates in your inbox daily.

    * denotes required fields



    Thank you for signing up! You will receive a confirmation email shortly.
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WVIR. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.