Jury sides with Sientra in Mentor lawsuit
Breast implant firm Sientra has prevailed in a lawsuit brought by competitor Mentor Worldwide over allegations that Sientra engaged in unfair business tactics by hiring more than a dozen of Mentor’s sales staff shortly after Sientra’s implants were approved in 2012. The suit stems from a heated race among implant makers to bring new teardrop-shaped Read More →
VanderKelen: SLO County philanthropy on upswing
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Dole seeks buyout bidders
Shares of Dole Food, based in Westlake Village, closed above CEO David Murdock’s buyout offer price of $13.50 after the company disclosed in SEC filings that other bidders may be surfacing. In its filing Dole said that “beginning on the morning of Aug. 12” representatives of investment bank Lazard began contacting potential bidders, including four Read More →
Defense furlough to end; 6,100 to return to work
The more than 6,100 civilian Department of Defense employees in the Tri-Counties will return to work full time after a U.S. Secretary of Defense Chuck Hagel announced a furlough program will be cut short, ending next week. The military is the largest employer in the region, with 26,390 employees between Naval Base Ventura County and Read More →
Eight arrested at Oxnard firm on mortgage fraud charges
Eight people were arrested this morning on suspicion of carrying out a mortgage fraud scheme of filing bogus loan applications that generated hefty fees and commissions for the suspects while causing $11 million in losses for lenders when the homes went into foreclosure. The Ventura County District Attorney’s office began the investigation into Oxnard-based New Read More →
