When the FTC calls: Phone on Hold founder shares story of his legal saga
For the past 14 months, Pete Turpel has lived a business owner’s worst nightmare. He carefully built up Phone on Hold Marketing Systems, which provides pre-recorded messages for firms to play while customers are on hold, over nearly three decades. And then last year, the Federal Trade Commission filed a lawsuit alleging that Turpel had Read More →
Amgen loses case before U.S. Supreme Court
Thousand Oaks-based Amgen has lost a case before the U.S. Supreme Court that would have made it much more difficult for shareholders of public companies to band together and sue firms when their leaders make false or misleading statements. In Amgen v. Connecticut Retirement Plans and Trust Funds, the biotech giant sought to tighten the Read More →
Amgen to pay $150M for misbranding Aranesp
[Editor’s note: This story has been updated with comments from Amgen.] Biotech giant Amgen pleaded guilty Dec. 18 to a misdemeanor charge for misbranding its anemia drug Aranesp. According to a report from Bloomberg News, the Thousand Oaks-based firm agreed to pay $150 million in fines and penalties as part of the guilty plea. U.S. Read More →
SLO County oil fight tests property rights
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Growers head to court in salad smackdown
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