John Kanas and the week in review
John Kanas Credit: Newsday / David Pokress
Here are six stories from the week in business on Long Island.
-- A Florida bank run by former North Fork banking titan John Kanas, above, is buying a small bank with a branch in Melville.
-- You can vote on this: someone is making the case that wine should be sold in supermarkets, with the tax revenue designated to save farmland. What do you think?
-- A report says that having SUNY on Long Island is worth $4-billion to the local economy.
-- Without admitting guilt, Gentiva, a former Long Island company agreed to pay $12.5 million to settle a fraud case against it.
-- Meanwhile, David Lerner and Associates faces charges from FINRA that it hasn’t been properly treating investors in a real-estate investment trust.
-- And Sanjay Kumar ran out of legal maneuvering room when the highest court in the land declined to hear an appeal of his prison sentence.
-------------------
Read more of Inside Long Island Business
'A million years isn't enough' NewsdayTV goes behind the scenes of the day Rex Heuermann was sentenced for the Gilgo killings.
'A million years isn't enough' NewsdayTV goes behind the scenes of the day Rex Heuermann was sentenced for the Gilgo killings.
