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Gold or white? Shareholders in Simi Valley-based tech firm Qualstar Corp. grappled with that question on June 20 as a Florida investor group waged an acrimonious proxy fight. The dissidents, who issued the gold cards, wanted to remove the entire Qualstar board in hopes of shaking loose the cash on its books and reducing executive Read More →
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Santa Barbara-based wireless music gear maker Sonos has raised $135 million in new capital, the largest funding deal in the Tri-Counties so far this year and a possible step toward a future initial public offering. Kohlberg Kravis Roberts, a private equity firm, led the funding round and was joined by Redpoint Ventures and investors associated Read More →
Thousand Oaks-based Amgen is set to argue a case before the U.S. Supreme Court that could make it harder for shareholders to band together and sue publicly traded companies over public comments made by top officials. The court agreed to hear a stock-fraud case this fall between Amgen and Connecticut Retirement Plans and Trust Funds, Read More →
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