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Montecito man gets 3 years for stock fraud scheme

By   /  Monday, August 31st, 2020  /  Latest news, Law, South Coast, Tri-County Economy  /  Comments Off on Montecito man gets 3 years for stock fraud scheme

Efstratios “Elias” Argyropoulos of Montecito was sentenced Aug. 31 to three years in federal prison for defrauding 130 investors out of more than $3.4 million, federal prosecutors announced. Argyropoulos was the president and sole shareholder of the financial services firm Prima Ventures from 2010 to 2015. During that time, he told investors he had the Read More →

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Ventura, Santa Barbara counties go to court to shut down gyms

By   /  Thursday, August 27th, 2020  /  Central Coast Health Watch, Latest news, Law, Small Business, South Coast, Subscriber content, Top Stories, Top Story, Tri-County Economy, West Ventura County  /  Comments Off on Ventura, Santa Barbara counties go to court to shut down gyms

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Revenue up at Semtech, down at QAD

By   /  Wednesday, August 26th, 2020  /  Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Revenue up at Semtech, down at QAD

Two of the region’s top technology companies reported second quarter earnings on Aug. 26, with results underscoring how the Internet of Things and cloud computing are transforming established players in semiconductors and software. Camarillo-based Semtech Corp, with a market cap of slightly more than $4 billion, said sales for the second quarter were $143.7 million, Read More →

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Amgen to join exclusive Dow Jones club

By   /  Monday, August 24th, 2020  /  Banking & Finance, Biotech, East Ventura County, Latest news, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen to join exclusive Dow Jones club

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Vista Equity founder Robert Smith under tax investigation

By   /  Monday, August 24th, 2020  /  Central Coast, Latest news, South Coast, Technology, Tri-County Economy, West Ventura County  /  Comments Off on Vista Equity founder Robert Smith under tax investigation

Robert Smith, the founder of Vista Equity Partners, which counts Mindbody and LogicMonitor in its portfolio, is facing an investigation by U.S. tax authorities over his personal offshore holdings. According to reports first published in Bloomberg, then in the Financial Times and others, Smith has come under scrutiny over tax treatment of millions of dollars Read More →

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Shoonya brings online language education to preschool set

By   /  Monday, August 24th, 2020  /  Education, Latest news, Small Business, South Coast, Startups, Subscriber content, Technology, Top Stories, Tri-County Economy, Women Inc.  /  Comments Off on Shoonya brings online language education to preschool set

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Unemployment rate drops in Tri-Counties, still in double digits

By   /  Friday, August 21st, 2020  /  Central Coast, East Ventura County, Latest news, South Coast, Tri-County Economy, West Ventura County  /  Comments Off on Unemployment rate drops in Tri-Counties, still in double digits

Unemployment rates in Ventura, Santa Barbara and San Luis Obispo counties continued to inch downward in July, though all three remained at historically high levels in the fourth month of the coronavirus pandemic. The combined civilian unemployment rate for the tri-county area was 10.7 percent in July, according to a Business Times analysis of data Read More →

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