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By Stephen Nellis / Friday, September 23rd, 2011 / Banking & Finance, Banking Industry, Law, Top Stories / Comments Off on Banco BuenaVentura investors go after company’s remains
Investors in now defunct Banco BuenaVentura are claiming the bank’s founder and his son defied orders from federal banking regulators and siphoned off investor money to pay for beachside condominiums and charted jet rides before regulators demanded that the bank liquidate in 2009. The allegations emerged in a lawsuit against the onetime Oxnard bank filed Read More →
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By Marlize van Romburgh / Friday, September 16th, 2011 / Top Stories / Comments Off on Hardy acquires firm, expands distribution
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By Stephen Nellis / Friday, September 16th, 2011 / Law, Top Stories / Comments Off on Allergan squeezes ex-employee inventor
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By Stephen Nellis / Friday, September 9th, 2011 / Law, Top Stories / Comments Off on Cappello seeks $12M from Klein estate
A Santa Barbara law firm is suing a deceased hedge fund manager’s estate for as much as $12 million in allegedly unpaid contingency fees. Cappello & Noël filed a lawsuit against the estate of Michael Klein, the fast-rising financial star who died in an airplane crash in Panama in 2007, along with Pacificor, the hedge Read More →
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By Stephen Nellis / Friday, September 9th, 2011 / Small Business, Technology, Top Stories / Comments Off on Social network startup targets college crowd
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By Marlize van Romburgh / Friday, September 9th, 2011 / Banking & Finance, Banking Industry, Technology, Top Stories, Tri-County Economy / 3 Comments
By Stephen Nellis and Marlize van Romburgh on September 9, 2011 Nearly 1,000 jobs are either at risk or being cut in the Tri-Counties in manufacturing, medical device research and finance. On Sept. 1, Bank of America said it planned to sell or shutter its correspondent lending arm, imperiling as many as 700 jobs in Read More →
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