With the end of 2014, many nonprofits along the South Coast saw shifts in leadership, new heights in fundraising and other milestones to cap off the year.
The 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.
The 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.
The 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.
According 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.
SCE 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.