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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.
Las Vegas Braces for Continued Heatwave and Potential Record Temperatures Amidst Southern California Wildfire Smoke
As the weekend rolls around, Las Vegas braces for more than just high rollers and neon lights — the city is also facing dry conditions and temperatures that are expected to hover around seasonal averages. The National Weather Service in Las Vegas states, "Expect dry conditions through the weekend with temperatures within a few degrees of seasonal averages."
2019 Black Kite Pinot Noir Angel Hawk Anderson Valley – Bottle Notes
Black Kite Cellars, a family-run winery, specializing in block-designated Pinot Noir and Chardonnay. Founded by Donald and Maureen Green in 2003, Black Kite is named for the beautiful but endangered Black Shouldered Kite that is native to the Anderson Valley. Jeff Gaffner of Saxon Brown is the consulting winemaker. Angel...
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. […]
‘It’s just terrible. This is terrible’: Paradise, Magalia keeping eye on Park Fire
Paradise and Magalia residents are used to having fires that start far away impact them directly. In 2008, the Humboldt Fire impacted their town limits, burning 28,344 acres and destroying 85 structures. That fire was started by an arsonist on Highway 32 and burned across the Butte Creek Canyon. In...
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...
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...
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