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By Stephen Nellis / Saturday, April 19th, 2014 / Banking & Finance, Personal Finance, South Coast, Top Stories, Tri-County Economy / Comments Off on Lawsuit alleges Montecito man sold stocks despite FINRA ban
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 Read More →
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By Stephen Nellis / Friday, April 18th, 2014 / Health Care & Life Science, South Coast, Top Stories, Tri-County Economy / Comments Off on Health care prices under scrutiny in Sansum-Cottage merger
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 Read More →
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By Erika Martin / Friday, April 18th, 2014 / Nonprofits, South Coast, Top Stories, Tri-County Economy / Comments Off on A dose of kindness: Vitamin Angels celebrates 20 years
The 1994 Northridge Earthquake turned Howard Schiffer’s priorities upside-down. After spending years as an entrepreneur in the natural products industry, the earthquake’s aftermath, particularly among marginalized communities, left Schiffer feeling helpless. He was also forced to confront the broader impacts his merchandise could have on public health. Using his business connections to secure product Read More →
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By Stephen Nellis / Friday, April 18th, 2014 / Central Coast, South Coast, Top Stories, Tri-County Economy / Comments Off on Tuning in to the Tri-Counties: KEYT, KCOY team on news coverage
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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By Staff Report / Monday, April 14th, 2014 / Banking & Finance, Top Stories / Comments Off on SBAM parent to sell to TIAA-CREF
New York-based TIAA-CREF is buying Nuveen Investments, the debt-saddled parent company of Santa Barbara Asset Management, for $6.3 billion.
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By Stephen Nellis / Friday, April 11th, 2014 / Law & Goverment, Technology, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Neurovision wins $30M jury verdict in trademark suit against NuVasive
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.
