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Lawsuit alleges Montecito man sold stocks despite FINRA ban

By   /  Saturday, April 19th, 2014  /  Banking & Finance, Personal Finance, South Coast, Top Stories, Tri-County Economy  /  No Comments

A Montecito man is facing allegations that he sold money-losing stock to clients and gave them flawed financial advice despite being banned from brokering securities by industry regulators. A lawsuit filed in Santa Barbara County Superior Court on April 3 alleges that Elias Argyropoulos and his Coast Village Road company, Prima Capital Group, assured investor […]

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Health care prices under scrutiny in Sansum-Cottage merger

By   /  Friday, April 18th, 2014  /  Health Care, South Coast, Top Stories, Tri-County Economy  /  No Comments

Santa Barbara Cottage Hospital is part of Cottage Health System, which plans to merge with Sansum Clinic, a physician network. (Business Times file photo)

As the regulatory review of the proposed merger between Cottage Health System and Sansum Clinic  stretches to the six-month mark, a recent federal court ruling points out key issues that arise when a dominant hospital system buys a major physician group. In an Idaho case decided earlier this year, the Federal Trade Commission intensely focused […]

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Tuning in to the Tri-Counties: KEYT, KCOY team on news coverage

By   /  Friday, April 18th, 2014  /  Central Coast, South Coast, Top Stories, Tri-County Economy  /  No Comments

KEYT General Manager Mark Danielson said investments by Missouri’s News-Press & Gazette Co. will result in better coverage. (Nik Blaskovich photo)

Under a deal announced last year, CBS affiliate KCOY’s news will be produced under a shared-services agreement with Santa Barbara-based ABC affiliate KEYT. Journalists on the ground in Santa Maria will contribute to a live newscast from studios in Santa Barbara, replacing the old setup in which the evening KCOY newscast is produced in Salinas at station KION.

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Neurovision wins $30M jury verdict in trademark suit against NuVasive

By   /  Friday, April 11th, 2014  /  Law, Technology, Top Stories, Tri-County Economy, West Ventura County  /  No Comments

The Neurovision case was unusual in that the jury agreed that the registration of the trademark was fraudulent. In order to prevent lawsuits over simple mistakes in trademark filings, the courts have set a high bar for finding fraud in registering a trademark. Errors or even negligence are not enough.

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Minicucci masterminds public listing for SMS

By   /  Friday, April 11th, 2014  /  Central Coast, Technology, Top Stories, Tri-County Economy  /  No Comments

Alex Minicucci, CEO of San Luis Obispo-based SMS Masterminds. (Business Times file photo)

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Cappello lends his clout to reshaping Santa Barbara politics

By   /  Friday, April 11th, 2014  /  Columns, Law, Top Stories  /  No Comments

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Invoca snags Salesforce.com investment, launches new products

By   /  Friday, April 11th, 2014  /  South Coast, Technology, Top Stories  /  No Comments

Employees of the call technology firm Invoca pose on the lawn of the Santa Barbara courthouse. The company recently added Silicon Valley giant Salesforce.com to its investment roster and is rolling out new products. (courtesy photo)

The company has raised more than $30.8 million to date, with the most recent round a $20 million infusion from Accel Partners.

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