Gold’s Gym Oxnard and its owner, Noel Thompson, have been ordered to pay $6 million in civil penalties and restitution, Ventura County District Attorney Greg Totten said in a June 17 statement. According to the district attorney’s complaint, Thompson’s businesses violated several consumer-protection laws by collecting money on void and illegal contracts, charging gym members’ Read More →
Santa Barbara-based marketing technology firm Invoca has passed the 100-employee mark, opened an office in San Francisco and hired a bevvy of new executives. Invoca makes a platform that helps companies close more sales when customers call in. The company has raised $30.8 million from investors that include Santa Barbara-based Rincon Venture Partners, Palo Alto Read More →
Coast Bancorp has raised $6.8 million through a private placement of debt and equity, a capital infusion that the San Luis Obispo-based banking firm said will be used for future growth as it turns the corner toward profitability. The parent company of Coast National Bank said the raise included 4.8 million shares of common stock Read More →
Two Santa Barbara firms are backing a 30-year veteran of the hospitality development market and his plans to build out hotels along the California coast, with the first test project taking shape in Pismo Beach.
Plans to bulldoze a profitable hotel on Upper State Street in Santa Barbara are moving forward as pent-up demand for housing means South Coast developers can price middle-market condos in the $1 million range.
With the state of California’s higher education budget in disarray, CSU Channel Islands President Richard Rush has turned to the private sector to complete the dream of a four-year public university to serve Ventura County.
The new owners of Sylvan Learning Center in Westlake Village plan to open satellite locations at schools and libraries to better serve the surrounding communities, a move they say will also boost the business’ bottom line.
