The brokerage must make $19 million in restitution, averaging $164 to Maine fund participants.
maine businesses
Posted inBusiness, Local & State
Randall Gifford, founder of Gifford’s Famous Ice Cream, dies at age 90
Gifford’s son recalls his father as ‘a self-made, hardworking man’ who was a mentor to the family.
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Posted inBusiness, Local & State, News
Maine home sales, median price up in April
Buyers adjust to limited inventory by accepting smaller homes and longer commutes, according to Realtors.
Posted inBusiness, Food & Dining
Lewiston hot dog stand lands in pages of People
Simones’ has been a political campaign stumping hotspot for decades.
Posted inBusiness
L-A officials pleased, puzzled by governor’s picks for federal tax break program
Lewiston had requested different census tracts to be eligible as opportunity zones.
Posted inBusiness, Local & State, News
CEI receives $1.8 million from Wells Fargo-backed business innovation fund
Meanwhile, the Brunswick community development corporation’s solar energy subsidiary receives $1.5 million to provide capital to midsized commercial projects for low-income people and communities.
Posted inBusiness, Local & State, News
Mercy Hospital receives $2.8 million donation that honors ‘Dr. Harry’
The gift comes from the family of the late Dr. Harry Davis, Mercy’s first chief of pediatrics.
Posted inBusiness, Local & State
Central Maine Meats lawsuit details flawed partnership of Gardiner business
Company investor Joel Davis is seeking $1.9 million and damages from William Lovely and his company, A.B.J. General Contractor.
Posted inBusiness, Local & State, News
LePage picks 32 communities – including some wealthier ones – for investment incentive
Federal opportunity zones give steep tax breaks to private investors who put money into poor areas, such as distressed paper mill towns in Maine and even sections of Portland, South Portland and Saco.
Posted inBusiness, Local & State, News
Idexx makes debut on Fortune 1000 list
The Westbrook veterinary technology firm is the only Maine-based company on this year’s list.