Bemco builds chambers to test equipment for space
A Simi Valley firm builds chambers that simulate some of the worst conditions that a piece of equipment or product could encounter.
Simi Valley firm makes it locally and ships globally
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Teleflex sells Simi unit
Teleflex announced Nov. 29 that it has agreed to sell a unit of its Simi Valley-based subsidiary, Telair International, for $94 million.
Simi Valley hospital settles Medicare fraud claim
Simi Valley Hospital has paid the U.S. government $5.15 million to settle an allegation that the hospital filed false Medicare claims, the Department of Justice announced Nov. 3. With the settlement finalized, a federal judge dismissed the lawsuit, which was filed in October 2001 by a former hospital employee turned whistleblower. The suit alleged that Read More →
Mozilo will pay $67.5 million to settle fraud case
Angelo Mozilo, the founder and former CEO of Countrywide Financial, will pay $67.5 million to settle civil charges brought by the U.S. Securities and Exchange Commission, the largest such settlement in SEC history, the agency said. In a settlement approved in federal court on Oct. 15, Mozilo agreed to pay $22.5 million in penalties and Read More →
