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Judge finds $1.9B sale of MindBody 'corrupt' | Pacific Coast Business Times

A Delaware judge has ruled against Rick Stollmeyer and Vista Equity’s $1.9 billion purchase of MindBody back in 2019, ordering the pair to pay out $48 million in penalties for an alleged breach of fiduciary duty to MindBody shareholders at the time. In a 120-page post-trial opinion released on March 15, Delaware Court of Chancery
United States Rick Stollmeyer Delaware Court Vista Equity Central Coast Latest News

CRE: PSHH receives $35 million for additional affordable housing | Pacific Coast Business Times

The new Cal Poly Plant Conservatory. (courtesy photo) The State of California’s Department of Housing & Community Development has awarded People’s Self-Help Housing an investment of over $35 million to aid in the creation of 142 new units of affordable housing developments between two regional sites, Cleaver & Clark Commons in the city of Grover
United States Cleaver Clark Commons California Department Of Housing Community Development Cal Poly Plant Community Development Self Help Housing

Street smarts: Scholarship Foundation of SB adds new board member | Pacific Coast Business Times

Guille Gil-Reynoso, an area communications professional and women’s empowerment advocate, has joined the Board of Directors for the Scholarship Foundation of Santa Barbara, the nonprofit announced on April 3. Born in Zacatecas, Mexico, Gil-Reynoso earned a bachelor’s degree in landscape architecture at Cal Poly SLO before working as a landscape architectural designer for Wallace Roberts
Guille Gil Reynoso Wallace Roberts Scholarship Foundation Santa Barbara Cal Poly Latest News

Lean mean surveying machine | Pacific Coast Business Times

BizWatt's app puts everything in one place BizWatt was founded in 2016. (courtesy photo) According to Fred Dyste, co-founder of BizWatt, most small to medium size businesses use between seven and nine productivity applications to keep on top of tasks. BizWatt’s Qfactor application helps streamline the process, and Qfactor’s newest feature, Tasklist, makes cloud-based land
Bizwatt Qfactor Fred Dyste Latest News Small Business Subscriber Content

Portfolio watch | Pacific Coast Business Times

Bankrate’s Mark Hamrick sees signs of a slowing labor market in the April 4 JOLTS report that showed a decline in a key ratio of job openings. "The Federal Reserve might see this as a sign that the mismatch between supply and demand of labor is slowly resolving, meaning less potential inflation pressure," he writes, adding
Mark Hamrick Federal Reserve Banking Industry Latest News Personal Finance Subscriber Content

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Childhood program funding secured for Central Coast | Pacific Coast Business Times

Rep. Carbajal leads story time at a Community Action Partnership of San Luis Obispo County-run Head Start program in San Luis Obispo County in 2017. (courtesy photo) Investing in tomorrow pays dividends today By providing for children on a national scale, Congressman Salud Carbajal is helping more children at home. Carbajal was able to advocate
Salud Carbajal Community Action Partnership San Luis Obispo County Run Head Start San Luis Obispo County Congressman Salud Carbajal Latest News

Conejo Valley welcomes first biotech expo | Pacific Coast Business Times

By now, it is no secret that the eastern part of Ventura County is embracing the biotechnology industry. From Westlake Village BioPartners venture capital firm money bringing in businesses to the cities themselves doing whatever they can to entice companies to move operations to the Conejo Valley, the hope for all parties involved is to
Ventura County Westlake Village Biopartners Conejo Valley Latest News Subscriber Content Tri County Economy

Dubroff: Lee Cole has his eyes set on tuning up Calavo's operations | Pacific Coast Business Times

To hear Lee Cole tell it, it was the short commute to Calavo’s Santa Paula headquarters, that got him to come out of retirement to take back the helm of the company he built beginning in the 1990s. “I only live two miles from the office and I’ve had three years of rest,” he said
Lee Cole Calavo Santa Paula Santa Paula Latest News Subscriber Content Tri County Economy

Esteemed law firm celebrates 75 years in business | Pacific Coast Business Times

Andre, Morris & Buttery was founded in 1948 in San Luis Obispo by brothers Peter and George Andre. The law firm of Andre, Morris & Buttery is turning 75 this year and has a storied and celebrated history to match. What started as a family firm serving farmers, dairymen and cattlemen has since grown into
San Luis Obispo United States George Andre Pete Andre Michael Morris Santa Maria

CRE: Premier Santa Barbara restaurant changes hands | Pacific Coast Business Times

Georges and Nicole Bitar, veteran vintners and proprietors of the local Italian eatery Via Maestra 42 have taken on the legendary Chase Restaurant and Lounge located at 1012 State St. Loyal customers can rest easy knowing the name and traditions, including the menu and how the food is prepared, will remain the same, continuing its
Nicole Bitar Via Maestra Chase Restaurant Central Coast Latest News Real Estate

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