Santa Maria farmer files Chapter 7 amid legal battle with bank
A Santa Maria produce broker and farmer has filed for Chapter 7 bankruptcy with about $1 million in assets and $9 million in liabilities as his family companies sue the region’s largest bank on allegations that it failed to come through on millions of dollars in promised loans.
New Yorker faces SEC charges over Clean Diesel trades
A New York investor relations executive has been charged with insider trading for using knowledge gained preparing press releases for Oxnard-based Clean Diesel Technologies for personal profit.
Strawberry grower, Heritage Oaks head to trial over loan contract
A Santa Maria strawberry grower’s lawsuit alleging that Heritage Oaks Bank’s failure to provide financing after promising to do so drove the grower into near-bankruptcy is headed to trial later this month.
Albertsons fined $3.3M in hazardous waste case
Ventura County officials are set to receive $395,089 as part of a $3.3 million settlement with Albertsons in a case that alleged the grocery chain mishandled hazardous waste.
FzioMed aims for year-end U.S. approval
After nearly eight years of tangling with the Food and Drug Administration, San Luis Obipso-based FzioMed said it might receive approval to sell its products in the U.S. by year’s end.
