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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.
Mid-State Fair daily schedule for Saturday, July 27
The Country Rodeo Finals is the culmination of hard work and stellar performances during the morning’s rodeo events. Featured events include Match Roping, Team Penning, Double Mugging, Barrel Racing, Breakaway Roping, and more. This year’s show features American Freestyle Bullfighting competition featuring World Champion Bullfighter Alex McWilliams. Another highlight will be the 2023 PRCA Announcer of the Year, Anthony Lucia, calling the action. PBR Entertainer Matt Merritt will keep the crowd laughing all night. The beloved parachute flag drop will also make a return to open the show.
Loyd’s Aviation to expand operations at Paso Robles airport
Plans for the expansion include adding terminal space and new hangar facilities to meet increasing demand. – Loyd’s Aviation will expand its operations at Paso Robles Municipal Airport after winning a competitive bid to offer Fixed Base Operator (FBO) and Maintenance, Repair, and Overhaul (MRO) services. The 14-month bid process concluded with Loyd’s Aviation set to begin services this fall.
Cool & Comfortable Weekend
Troughing on the West Coast will reinforce the cooling trend bringing a cooler air mass aloft and a deeper marine layer. As the marine layer deepens during the weekend, we may see some drizzle/light rain during early morning hours at coastal areas. You may want to grab that jacket if headed to the beach. We'll have a very gradual warmup as we start the work week and should be back to more seasonal temps late week.
It's a 'Femininomenon': California's first women's sports bar, Watch Me!, has opened in Long Beach
The first women's sports bar in California, Watch Me!, drew a huge crowd on its opening day Friday as people came from all over Southern California to celebrate women's sports.
Diehl teams with Speedtech Motorsports for 2024 with exciting 2025 plans
NHRA Funny Car racer Jeff Diehl and Jeff Diehl Racing have announced a new collaboration with up-and-coming speed shop Speedtech Motorsports and its founder, Kevin Moore, for the remainder of 2024 season and through 2025. The new two-year partnership officially launches this weekend at the Denso NHRA Sonoma Nationals. Speedtech...
The Historic 1948 Tucker '48: A Rare Gem at Broad Arrow Auctions
The 1948 Tucker '48, an iconic, meticulously restored classic, once owned by George Lucas, heads to auction at Monterey Jet Center. The 1948 Tucker '48, an iconic symbol of automotive innovation, is set to be a highlight at the upcoming Monterey Jet Center 2024 auction, hosted by Broad Arrow Auctions. With an estimated value between $1,500,000 and $2,000,000, this remarkable vehicle is the third production car by serial number and features numerous early characteristics that make it a coveted collector's item.
Homeless people say they will likely return to sites if California clears them under Newsom’s order
LOS ANGELES (AP) — Three years ago, Joel Hernandez built a small wooden shack under the 405 freeway cutting through Los Angeles. He had the help of a friend who lives in his own shack, just a few steps down the stairs he painstakingly dug out of the dirt hillside and reinforced with wooden planks. […]
Vitalant reports ’emergency’ shortage of Type O blood donations in California
(FOX40.COM) — A nonprofit is calling on all blood donors to give following a low donor turnout this summer. Vitalant, a nonprofit blood services provider, said it’s facing an “emergency shortage” of type O blood and the supply of it has dropped to an 18-month low. Type O is considered to be critical for patients […]
Don't feed the meter. Save money and buy a parking permit at these L.A. and O.C. beaches
If you're a frequent beachgoer, it would be cheaper to purchase a parking permit than to park on the street. Here are the cities in L.A. and Orange counties offering permits.
WILDCOAST Launches New Campaign to Promote Safe Whale Watching Practices
WILDCOAST announced Friday the launch of “Protect the Locals,” a new campaign dedicated to raising awareness and promoting safe whale watching practices in California and beyond. The Del Mar-based nonprofit’s campaign comes in the midst of a recent uptick in boats violating the Mammal Protection Act, which states...
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