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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.
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...
Vehicle vs. Bicyclist Collision Near Eureka Mall
Emergency personnel were dispatched to the 800 block of West Harris Street in Eureka for a report of a vehicle vs. pedestrian around 10:40 a.m. Traffic on both sides of the Eureka Mall, where the collision was reported to have occurred, appeared to be congested, West Henderson Street on the north side of the shopping mall remains congested at this time.
Tom Jackson Jr. Retreating and Controversy around the Old Jacobs Middle School
On this week’s episode of the NCJ Preview, we’re joined by California Local News fellow Kelby McIntosh, as he talks about Cal Poly Humboldt President Tom Jackson Jr. retreating to a tenured professor position at the university, updates to the controversy swirling around the Eureka City Schools Board of Trustees and the old Jacobs Middle School property exchange, as well as a tasty garden cocktail that’s a must add to your summer drink list.
Partly Built New Acute Rehab Building at Redwood Memorial Scrapped, and Providence Employees Say Inpatient Rehab May Be Eliminated Altogether
More than six years after Providence broke ground on a brand new, 12,000-square-foot Acute Inpatient Rehabilitation Addition at Redwood Memorial Hospital in Fortuna, construction has been halted, and plans to complete the facility have been canceled. Meanwhile, Providence employees at St. Joseph Hospital in Eureka say the existing inpatient rehabilitation...
Project completion for the Klamath Dam Removal is ahead of schedule
EUREKA, Calif. — Leaders with the Klamath River Renewal Corporation, RES, the Yurok and Karuk Tribes say the project is ahead of schedule, with parts of the John C. Boyle and Copco No. 1 Dams likely to be broken next week. They say the Copper Dam at Iron Gate is set for demolition in the last week of August.
California Governor Gavin Newsom Asks Oakland to Allow Police to Pursue Criminals
Gov. Newsom urges Oakland to change strict policy on police pursuits. California Governor Gavin Newsom is asking the city of Oakland to revise its decade-old police pursuit policy that dramatically limits police chases. Newsom said criminals are fleeing without fear because they know police won’t chase them. El gobernador...
I sold my car to a dealership for $53k to pay off a debt – they gave every excuse not to pay but still took the vehicle
ONE family was left fuming after a car dealership failed to pay them $53,000 but still took the vehicle. According to the family, they were planning on using the money to pay off debts. Jessica Haley and her husband, Brandon, said that in 2023, they sold their GMC Sierra Truck...
Pilot and passenger in deadly Humboldt County plane crash identified
(FOX40.COM) — A plane that originated from McClellan Airport on Tuesday and flew to Humboldt County crashed, killing its two occupants, according to the Federal Aviation Administration. Pilot Gabriel Kulp, 49, of Grass Valley, and passenger Thomas Smith, 60, of Carmichael, crashed around 11:15 a.m. near Kneeland Airport. The National Transportation Safety Board (NTSB) and […]
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