Staff Report | Friday, January 2nd, 2015
Santa Barbara stock promoter charged with fraud
Banking & Finance, Banking Industry, Latest news, Top StoriesThe 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.
Staff Report | Tuesday, December 23rd, 2014
Santa Barbara stock promoter charged with fraud
Banking & Finance, Latest news, Law & Goverment, Personal Finance, South Coast, Top StoriesThe 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.

Staff Report | Tuesday, December 23rd, 2014
Caffeinated growth: French Press to open in Goleta
Latest news, Real Estate, Restaurants, Small Business, South Coast, Top StoriesFrench Press owners Julia and Todd Mayer opened their first location in downtown Santa Barbara in 2009.
Staff Report | Friday, December 19th, 2014
Albertsons & Safeway to sell 168 stores before merger is approved
Banking & Finance, Latest news, Real Estate, Restaurants, Top Stories, Tri-County EconomyThe divestiture of the stores is part of another deal to secure FTC clearance for Albertons to acquire Safeway in a $9.2 billion deal. That transaction, which the companies are calling a merger, was announced in March and is expected to close in January.
Staff Report | Friday, December 19th, 2014
LTC Properties raises $24.5M through sale of shares
Banking & Finance, Latest news, Real Estate, Top Stories, Tri-County Public Companies, West Ventura CountyAccording to company filings, LTC will use the proceeds of the sale to pay down outstanding debt on its unsecured credit line, fund acquisitions and current development pipeline and for general corporate purposes.
Staff Report | Thursday, December 18th, 2014
Reporting oversight costs SCE $170,000 in penalties
East Ventura County, Latest news, Law & Goverment, Top Stories, West Ventura CountySCE started notifying authorities of the undisclosed facilities after discovering it had not submitted reports for many of its Ventura County facilities through a self-audit.
Staff Report | Thursday, December 18th, 2014
Simi chamber CEO set to retire
Latest news, Top StoriesFollowing a 30-year career with the chamber, Nixon will be moving to Sumerlin, Nevada, with her husband. The organization’s board of directors will be conducting a search for her replacement over the next five months.