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Twelve members of the Business Journal’s annual OC’s Wealthiest list made this year’s Forbes ranking of the world’s billionaires.
BioCorRx Inc. in Anaheim secured $4.2 million financing, including $940,000 in equity financing from nine investors and $1.7 million from Alpine Creek Capital, effective by March 24, a press release said.
The Securities and Exchange Commission said this week it would temporarily suspend the stock of Irvine-based Ubiquity Inc., from March 20 to March 31, due to “a lack of current and accurate information about the company.”
Microsemi Corp. has closed a manufacturing plant in China, the Aliso Viejo-based chipmaker said after the close of intraday trading Tuesday.
CKE Restaurant Holdings Inc. Chief Executive Andrew Puzder will step down from his post next month and be replaced by Jason Marker, who most recently led U.S. operations for KFC Corp.
A former board member of Freedom Communications and his sister launched an online crowdfunding platform for Orange County individuals and nonprofit groups.
The Orange County School of the Arts Foundation raised $1 million net in support of the school’s students at last weekend’s gala fundraiser.
Starwood Capital Group is exiting TRI Pointe Group Inc. with the sale of 12 million shares, or 7.5% of the Irvine-based homebuilder.
Newport Beach-based startup Veritone Inc. aims to raise up to $15 million in an initial public offering, according to a registration statement filed yesterday with the Securities and Exchange Commission.
Cotti Foods Corp. in Rancho Santa Margarita bought 38 Wendy’s International Inc. franchises in Kansas, Oklahoma and Texas, a news report said.
Irvine-based Banc of California Inc. said it has reached an agreement with Legion Partners Asset Management LLC to avoid a proxy battle.
Irvine-based Tilly’s Inc. beat Wall Street expectations on revenue and earnings for the January quarter, but its shares fell about 11% to $8.80 on a downbeat forecast for the current quarter.
Newport Beach-based PIMCO, one of the world’s largest investment firms, with $1.47 trillion in assets under management, appointed nine new managing directors.
Irvine-based analytics software maker Alteryx Inc. will sell 9 million shares of Class A common stock valued between $12 and $14 per share under terms of its initial public offering, according to a filing today with the Securities and Exchange Commission.
Whittier Trust, a private family office in South Pasadena that serves 349 families and has $11 billion in assets under advisement, has appointed Jim Doti to its board of directors.
El Pollo Loco Holdings Inc. president and Chief Executive Steve Sather plans to retire by year-end, the company said on Thursday.
Irvine-based Alignment Healthcare secured a $115 million investment from New York-based private equity firm Warburg Pincus LLC to support its U.S. expansion.
Signature Flight Services Corp. filed a complaint today with the Federal Aviation Administration in response to the Orange County Board of Supervisors’ recent decision to award a contract to operate one of two fixed-based operations at John Wayne Airport to a competitor.
Del Taco Restaurants Inc. in Lake Forest said franchisees would open 10 restaurants in West Palm Beach County, Fla., a new market for the fast food chain, and six in Georgia, over the next several years.
Shares of Clean Energy Fuels Corp. surged in afterhours trading after the Newport Beach-based company reported sales and adjusted earnings in the fourth quarter that easily beat Wall Street expectations.
Irvine-based Banc of California plans to reallocate $3.5 million in sponsorships to partially offset the costs for the naming rights to the new $350 million stadium of the Los Angeles Football Club.
San Juan Capistrano-based Capital Bank promoted Danna Murphy to chief operating officer, a new position, in addition to her role as chief financial officer.
Irvine-based CoreLogic has named Frank Martell its new president and chief executive.
CoreLogic President and Chief Executive Anand Nallathambi died after a brief illness, the company said.
An audit of some services provided by an outside operator at Dana Point Harbor couldn’t validate the firm’s reported gross receipts at the facility and said its “rent payments are not calculated or reported in accordance with lease agreements” the operator has with the County of Orange, which owns the harbor, the county auditor said in a report.