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Montecito Bank & Trust
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Attorney Lafitte steps into COO post at Deckers Outdoor

By   /  Friday, January 23rd, 2015  /  Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Attorney Lafitte steps into COO post at Deckers Outdoor

Deckers Brands, the Goleta-based footwear company, announced Jan. 21 that David Lafitte is stepping up from his role as general counsel into the position of chief operating officer.

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Deckers’ Lafitte takes COO role

By   /  Wednesday, January 21st, 2015  /  Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Deckers’ Lafitte takes COO role

Lafitte previously served as the company’s general counsel. His appointment is effective Feb. 2 and he replaces Zohar Ziv, who retired from the company on Jan. 16.

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QAD, shareholders could pull in $60M with public offering

By   /  Friday, January 16th, 2015  /  Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on QAD, shareholders could pull in $60M with public offering

QAD, the Santa Barbara-based software developer, today confirmed the pricing for its recently announced public stock offering. The company is offering 3 million shares of Class A common stock at $20.00 per share. One million shares included in the sale are being offered by controlling stockholders Karl Lopker and Pamela Lopker. Additionally, QAD has granted Read More →

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Limoneira Co. reports increased annual revenue, fourth-quarter loss

By   /  Monday, January 12th, 2015  /  Agribusiness, Earnings, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Limoneira Co. reports increased annual revenue, fourth-quarter loss

Santa Paula-based Limoneira Co. reported revenue of about $7 million for fiscal year 2014, along with a $2.8 million loss for the year’s fourth quarter.

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Heritage Oaks accord strengthens BSA controls

By   /  Friday, January 9th, 2015  /  Banking & Finance, Banking Industry, Latest news, Law, Top Stories, Tri-County Public Companies  /  Comments Off on Heritage Oaks accord strengthens BSA controls

The region’s largest community bank signed an agreement with the Federal Deposit Insurance Corp. that was made public at yearend. President and CEO Simone Lagomarsino told the Business Times the accord means the bank will “beef up” its programs and policies to prevent problems down the road.

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Santa Barbara stock promoter charged with fraud

By   /  Friday, January 2nd, 2015  /  Banking & Finance, Banking Industry, Latest news, Top Stories  /  Comments Off on Santa Barbara stock promoter charged with fraud

The SEC alleges that instead of purchasing the shares in the secondary market as promised, Efstratios “Elias” Argyropoulos and his firm Prima Capital Group misappropriated investor funds.

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Santa Barbara stock promoter charged with fraud

By   /  Tuesday, December 23rd, 2014  /  Banking & Finance, Latest news, Law, Personal Finance, South Coast, Top Stories  /  Comments Off on Santa Barbara stock promoter charged with fraud

The SEC alleges that instead of purchasing the shares in the secondary market as promised, Efstratios “Elias” Argyropoulos and his firm Prima Capital Group misappropriated investor funds.

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