Cal Lu’s sports management program drafts top talent
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Banc of California closes merger with PacWest, raises $400M
Los Angeles-based Banc of California announced the completion of its all-stock merger with PacWest Bancorp, which will take effect Dec. 1. Announced on Nov. 30, Pacific Western Bank, a subsidiary of PacWest Bancorp, has now merged into Banc of California meaning the combined bank will operate under the Banc of California name and brand. The Read More →
Direct Relief tallies $2B in aid to U.S. nonprofits
Santa Barbara-based Direct Relief is known for its giving nature, especially on a global scale, but in the last 15 years, it has made a more concerted effort to address the unmet needs of millions here at home — meaning both the U.S. and the Central Coast. On Nov. 21, the global nonprofit announced it Read More →
Two Ventura County law firms merging
Two Central Coast law firms, Lowthorp Richards, McMillan, Miller & Templeman, and The Hathaway Law Firm, will merge effective on Jan. 1. The combined firm will operate as Lowthorp Richards, LLP, the practices announced on Nov. 30. Lowthorp Richards, McMillan, Miller & Templeman is based in Oxnard. The Hathaway Law Firm is in Ventura. The Read More →
Acelyrin shares decline after programming error disclosure
Conejo Valley-based Acelyrin saw shares plummet more than 30% on Nov. 28 after the biotechnology startup announced an error in one of its trials for its main treatment. Acelyrin, which is a part of Westlake Village BioPartners investing portfolio, disclosed there was a programming error in a drug trial of izokibep, a treatment for psoriatic Read More →
Charlie Munger dies at 99, leaves behind a lasting legacy on Central Coast
The late Charlie Munger never got to build the controversial mega-dorm he envisioned for UC Santa Barbara. But before he died in late November at age 99, he did leave quite a legacy. He teamed up with the late Michael Towbes to build a state-of-the-art residence for scholars at the Kavli Institute for Theoretical Physics Read More →
Deckers shares skyrocket in month after earnings excitement
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