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Gary Vibbard admitted that the fraud scheme defrauded at least 10 investors of between $2.5 million and $7 million.
May 22, 2014
In order to complete a proposed merger of their North American flour-milling businesses, the companies are first selling four mills, including one in Minnesota.
May 21, 2014
AllOver Media acquired Trans Media Group, the parent company of AJ Indoor and TMG Alternative Out-of-Home Media, which offer advertising options throughout the Twin Cities.
May 20, 2014
Gregg Steinhafel’s compensation fell during the company’s latest fiscal year, but he’ll receive a severance package worth millions following his “involuntary termination for reasons other than for cause.”
May 19, 2014
Herbert Richard Lawson was accused of tipping off his brother and another company cofounder with insider information; the three men will pay nearly $6 million but didn’t admit wrongdoing.
May 13, 2014
Founded by local businessman Jeff Mack, Cachet Financial Solutions significantly narrowed its net loss in its most recent quarter and increased revenue, and is now planning a stock offering.
May 08, 2014
The founders of I See Me! sold the publishing company to The McEvoy Group, but they will stay on and keep its headquarters in the Twin Cities.
May 07, 2014
Marketing and technology consultancy Magnet 360, which has been growing at breakneck speed, acquired a Los Angeles-based company and now has about 110 employees.
Mosaic will “eliminate only a small number of positions in Plymouth,” where the company is headquartered.
May 06, 2014
Advantus Capital Management is adding about $300 million in assets to the $29 billion it already manages.
May 05, 2014
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