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By Marlize van Romburgh / Friday, January 21st, 2011 / Features / Comments Off on Reagan’s legacy drives Simi Valley, Santa Barbara tourism
Between the presidential library in Simi Valley and the Reagan Ranch near Santa Barbara, the coastal hills and wide open skies of the Tri-Counties have become the backdrop for Ronald Reagan’s legacy. The 40th U.S. president put a mark on the region, drawing media and visitors from around the world to the area as he Read More →
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By Staff Report / Monday, December 13th, 2010 / Latest news / Comments Off on Teleflex sells Simi unit
Teleflex announced Nov. 29 that it has agreed to sell a unit of its Simi Valley-based subsidiary, Telair International, for $94 million.
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By Staff Report / Wednesday, November 3rd, 2010 / Latest news / Comments Off on Simi Valley hospital settles Medicare fraud claim
Simi Valley Hospital has paid the U.S. government $5.15 million to settle an allegation that the hospital filed false Medicare claims, the Department of Justice announced Nov. 3. With the settlement finalized, a federal judge dismissed the lawsuit, which was filed in October 2001 by a former hospital employee turned whistleblower. The suit alleged that Read More →
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By Marlize van Romburgh / Monday, October 25th, 2010 / Top Stories, Tri-County Economy / Comments Off on Foreclosure fiasco’s ground zero: Ventura County offices churned out paperwork
Ask her how many foreclosure documents she worked through in a day at Countrywide Financial Corp., and Linda Martins-Mann says the pace was fast. “I didn’t count how many I processed, but it was a lot,” she said. “Maybe about 500 a day.” Martins-Mann was a foreclosure technician at Countrywide’s Simi Valley offices until the Read More →
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By Staff Report / Friday, October 15th, 2010 / Latest news / Comments Off on Mozilo will pay $67.5 million to settle fraud case
Angelo Mozilo, the founder and former CEO of Countrywide Financial, will pay $67.5 million to settle civil charges brought by the U.S. Securities and Exchange Commission, the largest such settlement in SEC history, the agency said. In a settlement approved in federal court on Oct. 15, Mozilo agreed to pay $22.5 million in penalties and Read More →
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