LandAmerica Financial Group posts $35.88 million September net loss

By Caroline Salls

Pittsburgh, Nov. 18 - LandAmerica Financial Group, Inc. posted a $35.88 million net loss for September on $9.02 million of negative revenues, according to its monthly operating report filed Wednesday with the Securities and Exchange Commission.

The figures compared to a $12.53 million net loss posted for August on $17.25 million in total revenues.

LandAmerica had $71.30 million in cash and cash equivalents at Sept. 30, up from $70.73 million at the end of August.

LandAmerica, a title insurance underwriter based in Glen Allen, Va., filed for bankruptcy on Nov. 26, 2008 in the U.S. Bankruptcy Court for the Eastern District of Virginia. Its Chapter 11 case number is 08-35994.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.