Strawberry grower, Heritage Oaks head to trial over loan contract
By Stephen Nellis / Friday, July 11th, 2014 / Agribusiness, Banking & Finance, Central Coast, Law & Goverment, Top Stories, Tri-County Economy / Comments Off on 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.
Developers squabble over $8M RiverPark theater fund
By Elijah Brumback / Friday, July 4th, 2014 / Columns, Real Estate, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Developers squabble over $8M RiverPark theater fund
As a new mixed-used housing project in downtown Oxnard lands on the table, the partners behind the development hope they can unlock a long-disputed $8 million that was once tied to the city’s redevelopment agency.
FindTheBest wins patent battle costs
By Stephen Nellis / Monday, June 2nd, 2014 / Law & Goverment, South Coast, Technology, Tri-County Economy / Comments Off on FindTheBest wins patent battle costs
Summerland-based FindTheBest has won what a federal judge called a “frivolous” and “objectively unreasonable” patent lawsuit against it and will recoup its costs from its opponent. Last summer, Delaware-based Lumen View Technology sued FindTheBest over a patent on matching user preference data. That patent was invalidated late last year, and Judge Denise Cote ruled on Read More →
CenCal-USC dispute highlights Medi-Cal pricing issues
By Stephen Nellis / Friday, May 16th, 2014 / Central Coast, Health Care & Life Science, Law & Goverment, South Coast, Top Stories, Tri-County Economy / Comments Off on CenCal-USC dispute highlights Medi-Cal pricing issues
A USC hospital is demanding $2 million for a surgery performed on a Medi-Cal patient from Santa Barbara County, more than 25 times as much as Santa Barbara County officials believe the procedure should have cost.
Court certifies class-action suit over Santa Barbara insurance scam
By Stephen Nellis / Friday, May 9th, 2014 / Law & Goverment, South Coast, Tri-County Economy / Comments Off on Court certifies class-action suit over Santa Barbara insurance scam
A class-action lawsuit over whether a Santa Barbara insurance agent’s employers knew about the “churning” scam he was running and let it continue because it boosted profits is headed to trial after its class certification was upheld at the California Supreme Court in March.
Carpinteria oil firm seeks $17M in malpractice suit
By Stephen Nellis / Friday, May 2nd, 2014 / Law & Goverment, Top Stories / Comments Off on Carpinteria oil firm seeks $17M in malpractice suit
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Lawsuit alleges Montecito man sold stocks despite FINRA ban
By Stephen Nellis / Saturday, April 19th, 2014 / Banking & Finance, Personal Finance, South Coast, Top Stories, Tri-County Economy / Comments Off on Lawsuit alleges Montecito man sold stocks despite FINRA ban
A Montecito man is facing allegations that he sold money-losing stock to clients and gave them flawed financial advice despite being banned from brokering securities by industry regulators. A lawsuit filed in Santa Barbara County Superior Court on April 3 alleges that Elias Argyropoulos and his Coast Village Road company, Prima Capital Group, assured investor Read More →