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Follow-ups
April 2007
Virginia is making efforts to relieve the shortage
of nursing school faculty, one of the “choke points” exacerbating a national shortage of nurses. The state will give nursing faculty at state colleges a 10 percent raise and offer $200,000 in scholarships to nurses seeking master’s degrees. In addition, state grants totaling $750,000 will be given to the University of Virginia and Northern Virginia Community College to enhance the training of nursing students. Virginia Business examined the state’s nursing faculty shortage in its January
2006 issue.
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Amerigroup has
reached a $5 million settlement with a group of shareholders
in a securities fraud lawsuit they filed in 2005 against
the Virginia Beach-based managed care provider. The
shareholders, who included the Illinois public employee
retirement board, filed suit when the company’s
stock price dropped because of an unexpected quarterly
loss. In presenting the settlement, lawyers for the
plaintiffs told a presiding federal judge that they
probably did not have sufficient evidence to win the
case. Amerigroup was the subject of a profile in the September
2005 issue.
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A state hearing examiner has recommended that the State Corporation Commission approve plans to build a 19-turbine wind
farm in Highland County. The proposal by Highland New Wind Development had previously been approved by the county Board of Supervisors but has drawn opposition from many Highland residents. The wind farm fight was the subject of a May 2006 commentary by writer Deborah R. Huso.
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