Thousand Oaks City Manager Scott Mitnick fired
Thousand Oaks City Manager Scott Mitnick was fired July 7 after a six-hour, closed door City Council meeting which ended shortly before midnight. The City Council voted unanimously to terminate Mitnick, effective immediately. “We are heading in a different direction and remain focused on preparing our city for the future and continuing the great things Read More →
Health care nonprofits merge to expand Ventura County service
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Incubators sprouting in fits and starts
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Dubroff: Central Coast food producers must adapt
Agriculture on the Central Coast is in the midst of a rapid transformation. Regulation, drought and the soaring demand for locally produced food are forcing farmers across the region to adapt or shut their doors. The players who survive will likely be more sustainable and much more efficient. Curiously, they will likely reach markets that Read More →
Stellar Biotechnologies offerings raise $6.75 million
Stellar Biotechnologies, a Port Hueneme-based company which makes medicines from the blood of animals found only off the coast of California, closed two private offerings July 6. Stellar closed one offering of 1.7 million common shares sold to institutional investors for $4 per share. In a separate concurrent offering, the company also sold 1.3 million Read More →
Ceres faces lawsuit over sale to Land ‘O Lakes
Thousand Oaks-based ag-biotech company Ceres Inc. is facing a lawsuit from shareholders angry about the company’s June 17 sale to Minneapolis-based Land ‘O Lakes. In the lawsuit, which was filed in state court in Los Angeles on July 5, three shareholders allege the company unfairly sold the company to Land ‘O Lakes for $17.6 million. Read More →
Mark Melchiori pleads not guilty to 47 felonies
The former president of Melchiori Construction Co., Mark Melchiori, pleaded not guilty at a July 5 arraignment to 47 felonies including fraud and embezzlement. A preliminary hearing is set for Sept. 6. He was arrested in June on 47 felony charges, including prevailing wage fraud, embezzlement, diversion of construction funds, insurance fraud, violations of the Read More →
