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Federal grand jury charges short seller Andrew Left in $16M stock manipulation scheme
A federal grand jury in California has charged short seller Andrew Left with multiple counts of securities fraud for a $16 million stock market manipulation scheme. The Department of Justice said in a statement on Friday that Left, who was a securities analyst, trader, and guest commentator on television channels including CNBC and Fox Business, is charged with one count of engaging in a securities fraud scheme, 17 counts of securities fraud, and one count of making false statements to federal investigators. As a short seller, Left would make money betting stocks would fall. The Justice Department said that Left conducted business under the name Citron Research, which had a website that published investment recommendations. He published research on companies ranging from Tesla and GameStop to Grand Canyon Education and Peloton. If convicted, Left faces a maximum penalty of 25 years in prison on the securities fraud scheme count, 20 years in prison on each securities fraud count, and five years in prison on the false statements count.
US beach stars Kloth, Nuss didn’t need the Golden State. They’re going for gold at Olympics anyway
PARIS (AP) — A South Dakota native, Taryn Kloth had never even played beach volleyball until after she graduated from Creighton as a star in the indoor version of the sport. In pursuit of a business degree, she landed at LSU without any beach skills at all. “I actually...
California bill would require high schools to provide resources for students to preregister to vote
A proposed bill in the California Assembly would require high schools to provide the time and resources to students who are at least 16-years-old to preregister to vote.Allowing students to preregister has been state law since 2014, but Assemblymember Eloise Gomez Reyes of Colton, the bill's sponsor, said many students don't know about it."We want them engaged, their voices are really important," said Reyes. "Not only are they our future, we talk about that all the time, but they're our present."Reyes spoke out in favor of AB 2724 at a recent hearing in Sacramento, where more than a dozen...
Inland university graduates 130 med students
The California University of Science and Medicine in Colton recently graduated 130 medical students in the traditional “white coat” ceremony that marked the end of the 2023-’24 academic year. Ninety-eight percent of those graduates are from California, and 31 percent are from the Inland Empire, according to...
Former L.A. mayor looks to become first Latino governor of California in more than a century
Former Los Angeles Mayor Antonio Villaraigosa has announced his candidacy for the 2026 California gubernatorial election. Villaraigosa, 71, previously ran for governor in 2018 but finished third in the primaries. The election was won by then-Lieutenant Governor Gavin Newsom. If elected, Villaraigosa would become just the second Latino governor of...
Loma Linda University Children's Resiliency Institute for Childhood Adversity receives $500,000 grant to create statewide model
Loma Linda University Children's Resiliency Institute for Childhood Adversity (RICA) Hospital has been awarded a $500,000 grant from the state of California to develop a model for addressing childhood adversity and improving long-term health outcomes. This funding, part of the UCLA-UCSF ACEs Aware initiative, will be utilized over 18 months...
Dedeaux Properties and BIG Acquire 83,272 SQFT, $12.8MM Warehouse in Rialto
Dedeaux Properties (Dedeaux) and joint venture partner Basis Investment Group (BIG) have acquired for $12.8 million, the fee-simple interest in the land under Rialto Village, its recently completed 83,272-square-foot high velocity warehouse building in Rialto, CA. In February 2023, the Dedeaux-led joint venture entered into an initial ground-lease development with...
Early Morning Shooting in Hesperia Under Investigation; No Injuries Reported
HESPERIA, Calif. (VVNG.com) — A shooting incident early Wednesday morning in Hesperia prompted an active investigation by deputies after numerous rounds were fired into a dirt field. On July 24. 2024, at about 5:56 am, deputies responded to the area of Orchid Avenu and Catalpa Street for the report...
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