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Strawberry grower, Heritage Oaks head to trial over loan contract
A Santa Maria strawberry grower’s lawsuit alleging that Heritage Oaks Bank’s failure to provide financing after promising to do so drove the grower into near-bankruptcy is headed to trial later this month.
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Heritage shares rise despite profit dip
Shares of Paso Robles-based Heritage Oaks Bancorp were up 3.33 percent in after-hours trading after third-quarter profits hit analyst expectations and several key metrics painted a rosy picture as the bank spearheads its expansion into Ventura County. Profits actually declined to $2.8 million for the third quarter, down from $6.4 million. But the decline stemmed Read More →
