Fraud verdict for former Countrywide unit
[wikichart align=”right” ticker=”NYSE:BAC” showannotations=”true” livequote=”true” startdate=”23-04-2013″ enddate=”23-10-2013″ width=”300″ height=”245″] A fraud verdict against Bank of America and its former Countrywide unit – once a major employer in East Ventura County – has handed the U.S. government a rare victory in a lawsuit that stems from the subprime mortgage meltdown and subsequent financial crisis. A Manhattan Read More →
NFP buys Simi Valley entertainment insurance firm
A division of National Financial Partners Corp., one of the largest insurance brokerage firms in the country, has acquired a niche Simi Valley business for an undisclosed amount. New York-based NFP said Sept. 9 that its had bought Insurance West Corp., a Ventura County-based firm that offers insurance to the entertainment equipment rental industry as Read More →
‘History and Hollywood’: Lincoln display sparks visitor surge at Reagan Library
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BKF Capital boots Qualstar CEO in battle for control
The battle for control of Simi Valley-based Qualstar Corp., a data storage and power supply maker, appears to have ended in victory for Steve Bronson and Florida-based BKF Capital Group. The investment firm started grappling with the Qualstar’s brass more than year ago, when it began a proxy contest to replace board members and executives. Read More →
Making the grade: Currie offers power assist to hill-challenged bicycle riders
Uncounted numbers of bicycles are gathering dust in garages, most likely because their owners are too challenged by the hills in their neighborhood. Currie Technologies, a company that moved to Simi Valley at the end of November, is growing at a robust pace by offering an alternative that saves energy costs while improving health and Read More →
Santa Barbara broker celebrates 30 years of CRE dealmaking
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Simi Valley mall could be overhauled in 2014
The new owners of the financially troubled Simi Valley Town Center shopping mall have gone through more than 50 drafts of plans to revitalize the property and are moving close to announcing their strategy. That was the word from Brian Gabler, Simi Valley’s director of economic development, who spoke at a Chamber of Commerce breakfast Read More →
