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Ventura County grows business
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New Yorker faces SEC charges over Clean Diesel trades

By   /  Tuesday, July 22nd, 2014  /  Latest news, Law, Technology, Tri-County Public Companies, West Ventura County  /  No Comments

A New York investor relations executive has been charged with insider trading for using knowledge gained preparing press releases for Oxnard-based Clean Diesel Technologies for personal profit.

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Allergan to shutter Goleta facility, cut 300 jobs

By   /  Tuesday, July 22nd, 2014  /  Earnings, Health Care, Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies  /  No Comments

Allergan will close its Goleta facility and eliminate about 300 positions there as part of a broader cost tightening effort as the Irvine company fends off a hostile takeover attempt. Allergan makes Botox and other cosmetic drugs and devices. The company became a major South Coast employer in 2005 when it bought breast implant maker […]

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Santa Clara Valley Bank to be sold in $15.3M deal

By   /  Friday, July 18th, 2014  /  Agriculture, Banking & Finance, Banking Industry, Latest news, Top Stories  /  No Comments

Santa Paula-based Santa Clara Valley Bank is being acquired by Sierra Bancorp for $15.3 million in an all-cash deal announced July 17. The Ventura County bank operates branches in Fillmore, Santa Paula and Valencia. With assets of about $127 million, the bank is the second-smallest bank headquartered in the Tri-Counties.

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Granada Tower fully leased after Peritus deal

By   /  Monday, July 7th, 2014  /  Latest news, Real Estate, South Coast  /  No Comments

Santa Barbara-based Peritus Asset Management recently signed a long-term lease for the entire fourth floor of the Granada Tower, making the building fully leased.

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Albertsons fined $3.3M in hazardous waste case

By   /  Wednesday, June 25th, 2014  /  East Ventura County, Latest news, Law, West Ventura County  /  No Comments

Ventura County officials are set to receive $395,089 as part of a $3.3 million settlement with Albertsons in a case that alleged the grocery chain mishandled hazardous waste.

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VCEDA chief steps down

By   /  Tuesday, June 24th, 2014  /  East Ventura County, Latest news, Nonprofits, Top Stories, Tri-County Economy, West Ventura County  /  No Comments

Bill Buratto has stepped down as the head of the Ventura County Economic Development Association, one of the most prominent business advocacy groups in the region.

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CLU snags head of UCSB’s startup contest

By   /  Tuesday, June 17th, 2014  /  East Ventura County, Latest news, South Coast, Technology  /  Comments Off

Mike Panesis, a key player in entrepreneurship circles who heads the biggest collegiate business-pitch contest in the region, is leaving UC Santa Barbara for a post at California Lutheran University.

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