Bookkeeper sentenced in embezzlement cases
Laura Leonard, a Simi Valley office manager and bookkeeper who was convicted of grand theft and embezzlement, was sentenced April 28 to three years and eight months in prison and ordered to pay restitution. Leonard was an office manager for Simi Valley-based Protek CNC Sales. The company discovered she was embezzling funds in 2019, and Read More →
Read More →Earnings up at Pacific Premier Bank
Pacific Premier Bancorp saw its net income more than double in the past year when it reported its first quarter financial earnings on April 27. The Irvine-based bank, which has 11 branches in the tri-county region, had a net income of $68.7 million, or 72 cents per share, for the first quarter of 2021. In Read More →
Read More →American Riviera Bank tops $1B in assets
American Riviera Bank recorded more than $1 billion in assets for the first time when it reported its financial results for the first quarter of 2021. The Santa Barbara-based bank saw its net income rise during the quarter to $2.56 million, or 50 cents per share, compared to net income of $1.2 million, or 23 Read More →
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Real Estate: R1 Speed races into newly renovated industrial space in Thousand Oaks
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Read More →Dispute between Biltmore hotel, furloughed employees headed to mediation
At the end of the month, the executives and furloughed employees from Four Seasons Resort The Biltmore Santa Barbara will sit down for a mediation, the latest step in a conflict between the two parties over whether the workers are owed severance from the Biltmore’s closure. The hotel closed in March 2020 and has remained Read More →
Read More →Pacific Western Bank reports earnings recovery in first quarter
PacWest Bancorp saw its net income soar a year after a devastating low. The parent company of Pacific Western Bank, which is based in Los Angeles and has 15 branches in the Tri-Counties, reported net income of $150 million, or $1.27 per diluted share, for the first quarter of 2021. In the first quarter of Read More →
Read More →Ventura gym that stayed open in pandemic fined for workplace safety violations
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