SEC alleges history of concealment by Airborne Wireless insiders
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AppFolio looks ahead after loss in fourth quarter
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As it plans IPO, Procore reports growing revenue, growing losses
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Salem reports profitable quarter, but loss for the full year
Salem Media Group reported a mixed bag of financial results for the fourth quarter and the full year of 2020 when it released its quarterly earnings report on March 4. The conservative media group recently moved its corporate headquarters from Camarillo to Irving, Texas, though it kept some operations in Camarillo. In 2020, Salem cut Read More →
Amgen to buy cancer treatment biotech firm for $1.9B
Thousand Oaks-based Amgen, one of the biggest biotech companies in the world, will get bigger with the $1.9 billion acquisition of Five Prime Therapeutics, a clinical-stage biotech company developing stomach cancer therapies. Amgen announced the acquisition March 4 and the deal is expected to close by the end of the second quarter of 2021. Under Read More →
Procore IPO back on track with new SEC filing
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SEC alleges pump-and-dump fraud at Airborne Wireless in Simi Valley
The U.S. Securities and Exchange Commission filed suit on March 2 against Simi Valley-based Airborne Wireless Network and seven of its shareholders and executives, accusing them of orchestrating a $45 million pump-and-dump stock fraud scheme. The lawsuit was filed in federal court in New York. The defendants are Kalistratos Kabilafkas, Timoleon Kabilafkas, Panagiotis Bolovis, Eric Read More →
