Public Companies News - Page 4

SAN DIEGO, Calif., Sept. 27, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced today that it has signed a stock purchase agreement for a private placement of $7 million of the Bank’s common stock with Castle Creek Capital, based in Rancho Santa Fe, California. The transaction is anticipated to close in the fourth quarter, subject to regulatory approvals and other standard closing conditions.

SAN DIEGO, Calif., Aug. 29, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) has been recognized as a top small business lender in San Diego County based on the volume of SBA 7(a) loans originated according to the San Diego District Office of the U.S. Small Business Administration’s fiscal year-end lender rankings as of July 31, 2016.

SAN DIEGO, Calif., Aug. 26, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL) has completed the purchase of the deposits of the La Quinta branch of Opus Bank. The transaction closed on Friday, August 19, 2016. Customers of the Opus Bank La Quinta branch were consolidated into the existing La Quinta branch of Bank of Southern California. As of Monday, August 22, 2016, the former Opus Bank La Quinta customers now have access to all Bank of Southern California locations, including three Coachella Valley branches located in La Quinta, El Paseo-Palm Desert, and Rancho Mirage.

SAN DIEGO, Calif., July 20, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that it has provided $5 million in financing as senior lender in part of a larger financing arrangement for OWB Real Estate Holdings, LLC. The financing was a combination of bank borrowing, and loans secured through the Federally backed New Market Tax Credit program. The financing provided funds used for the acquisition of land, improvements, and equipment of a shuttered beef slaughter and processing plant in Brawley, Calif., formerly operated by National Beef.

HUNTS POINT, N.Y., July 19, 2016 (SEND2PRESS NEWSWIRE) — Baldor Specialty Foods, the premier ingredient source for NYC’s best chefs, today announced a collaboration with Whole Foods Market’s Northeast Region that will make the company’s selection of unique culinary items available to home cooks for the first time through an in-store, digital kiosk called The Baldor Forager which will launch exclusively on July 26 in coordination with the grand opening of Whole Food Market Williamsburg.

SAN DIEGO, Calif., June 1, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California (OTC Pink: BCAL / OTCMKTS:BCAL) announced that it has reached a definitive agreement to acquire the deposits of the La Quinta branch of Opus Bank located at 78080 Calle Estado #101, La Quinta, pending regulatory approval. The sale is anticipated to close on or about August 19, 2016.

PLANO, Texas, May 26, 2016 (SEND2PRESS NEWSWIRE) — Pavaso, Inc. (Pavaso), a provider of digital process and collaboration solutions for the real estate lifecycle, announced that Wells Fargo has named Pavaso an approved vendor for “hybrid” eClosings. In a hybrid eClosing, select documents are printed and “wet signed,” but much of the closing package is executed electronically. Effective immediately, Wells Fargo will accept loans closed on Pavaso’s Digital Close(SM) platform using this hybrid process.

SAN DIEGO, Calif., April 26, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL), welcomes Kt Duong and Troy Ferguson, as Vice President, Business Relationship Managers to its seasoned team of bankers. Mr. Duong has been in banking and finance for 8 years, including Commercial Capital Partners, Commercewest Bank and Citigroup. He graduated from San Diego State University with a Bachelor of Arts in Economics and a Bachelor of Science in Finance.

SAN FRANCISCO, Calif. and NEW YORK, N.Y., March 24, 2016 (SEND2PRESS NEWSWIRE) — Wholesale Trading Co-op Insurance Services, a privately-held wholesale insurance specialist serving a group of leading retail insurance brokers, announced today that The Carlyle Group has agreed to acquire a majority stake in wholesale insurance broker JenCap Holdings, LLC and the assets of Wholesale Trading Co-Op Insurance Services, which will be re-named Wholesale Trading Insurance Services, LLC. Wholesale Trading is currently owned by its management team and external private investors.

TOLEDO, Ohio, March 4, 2016 (SEND2PRESS NEWSWIRE) — Toledo-based roofing company, 4 Guys And A Roof announced today they have been hand-selected to join the premier Owens Corning(TM) Roofing Platinum Preferred Contractor Network, based upon its commitment to service, installations, reliability, and unparalleled craftsmanship.

SAN DIEGO, Calif., Feb. 17, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced the promotion of Marie Crivello and Debbie Marshall to Senior Vice President. Ms. Crivello joined Bank of Southern California in 2012 as Vice President, Client Relationship Manager. She has over 16 years of banking and client relationship management experience. Ms. Marshall joined the bank in 2011 as Vice President, Deposit Operations, bringing over 30 years of banking, compliance, and risk management experience to the bank.

ORLANDO, Fla., Jan. 7, 2016 (SEND2PRESS NEWSWIRE) — MEDITE Cancer Diagnostics, Inc. (OTC:MDIT / OTCMKTS:MDIT), specializing in the development, manufacturing, and marketing of molecular biomarkers and premium medical devices for detection, risk assessment and diagnosis of cancer and precancerous conditions announces today that CEO, Michaela Ott and CFO, Robert McCullough will present at the SeeThruEquity First Annual Microcap Healthcare Investor Conference on Monday, January 11, 2016, at the Fairmont San Francisco.

SAN DIEGO, Calif., Jan. 7, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL), announced today that FINRA has approved a change in the Company’s stock symbol. As of Monday, December 21, 2015 the new trading symbol for Bank of Southern California is BCAL. The former symbol, FBBN is no longer valid.

ORLANDO, Fla., Nov. 17, 2015 (SEND2PRESS NEWSWIRE) — MEDITE Cancer Diagnostics, Inc. (OTCQB:MDIT, the ‘Company’ / OTCMKTS:MDIT) specializing in the development, manufacturing, and marketing of molecular biomarkers and premium medical devices for detection, risk assessment and diagnosis of cancer and precancerous conditions announces its third quarter and nine month 2015 results.

PHILADELPHIA, Pa., Oct. 19, 2015 (SEND2PRESS NEWSWIRE) — Journey Sales, a leading provider of innovative customer engagement solutions for sales professionals, is pleased to announce that they will be a sponsor of the CEB 2015 Sales and Marketing Summit, to be held October 20-22 at the Cosmopolitan Hotel in Las Vegas, Nevada.

SAN DIEGO, Calif., Oct. 14, 2015 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTCQB:FBBN / OTCMKTS:FBBN) has announced the promotion of Rhonda Guthrie to the position of Senior Vice President, Loan Administration. With over 20 years in Loan Administration, Guthrie joined the Company in 2013 as Loan Administration Manager responsible for all functions related to loan processing, documentation, compliance and loan servicing.

NEW YORK, N.Y., Sept. 16, 2015 (SEND2PRESS NEWSWIRE) — Philosys, Inc. announces today that all Kmart pharmacies nationwide are now offering the Gmate(R) SMART Blood Glucose Monitoring System, the latest in mHealth technology for diabetes management. Gmate SMART is available in all Kmart pharmacies as of September 2015. The Gmate SMART meter and App deliver fast and accurate blood glucose test results right to your smartphone.

SAN DIEGO, Calif., Sept. 15, 2015 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTCQB:FBBN / OTCMKTS:FBBN) welcomes Tom Welch as Senior Vice President, SBA Department Manager and Tammy DeWitt as Vice President, SBA Loan Underwriting Manager to its seasoned team of Southern California bankers. Both Mr. Welch and Ms. Dewitt have been in the banking industry for 37 years and both have over 27 years of SBA and conventional lending and relationship management experience.

NEW YORK, N.Y., Sept. 10, 2015 (SEND2PRESS NEWSWIRE) — On Sept. 9, 2015, Sherow Management, LLC, an outside shareholder, sent a letter addressed to the Kansas City Life Insurance Co (NASDAQ:KCLI) Board Chairman in response to the Company’s proposed ‘Go-Private’ Transaction. Sherow believes the deal is unfair to outside shareholders and should be amended.

PALM DESERT, Calif., Sept. 3, 2015 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTCQB:FBBN / OTCMKTS:FBBN) announced the creation of its Coachella Valley Advisory Board. This board is comprised of prominent members of the business community in the Desert Cities region who will help increase the bank’s presence and market awareness while providing valuable input to better understand the business needs in the Coachella Valley.

ORLANDO, Fla., Aug. 27, 2015 (SEND2PRESS NEWSWIRE) — MEDITE Cancer Diagnostics, Inc., ( OTCQB:MDIT / OTCMKTS:MDIT ) specializing in the development, manufacturing, and marketing of molecular biomarkers and premium medical devices for detection, risk assessment and diagnosis of cancer and precancerous conditions announces its Mexican distributor, ATYDE won a public tender for delivery of 31 MEDITE tissue staining machines with a the total retail value of approximately $600,000. This is the first major sale to Mexico for MEDITE.

FERNLEY, Nev., Aug. 25, 2015 (SEND2PRESS NEWSWIRE) — Verify Smart Corporation (OTCBB: VSMR / OTCMKTS:VSMR), a global innovator in financial fraud prevention and digital content distribution to the mobile channel, announced today that it has completed the acquisition of 55 percent of Surf Smart Solutions, LLC a Wyoming based online software security company.

ORLANDO, Fla., Aug. 17, 2015 (SEND2PRESS NEWSWIRE) — MEDITE Cancer Diagnostics, Inc. (‘Company,’ OTCQB symbol: MDIT / OTCBB:MDIT), specializing in the development, manufacturing, and marketing of molecular biomarkers and premium medical devices for detection, risk assessment and diagnosis of cancer and precancerous conditions announces second quarter and six month 2015 results.

SEATTLE, Wash., July 28, 2015 (SEND2PRESS NEWSWIRE) — Kennedy and Mohn announced today that they represented Legacy Hospitality, an Albuquerque based hotel development and operating company, in the sale of the 170-room Homewood Suites by Hilton, Seattle/Lynnwood. The hotel was acquired by RLJ Lodging Trust for $37.9 million or approximately $223,000 per key.

TAIPEI, Taiwan, June 5, 2015 (SEND2PRESS NEWSWIRE) — Driving forward with their local India presence, D-Link signed a Memorandum of Understanding (MoU) with the Telangana government to bolster the local IT industry by improving network infrastructure, investing in the region, and developing new talent.

ORLANDO, Fla., May 14, 2015 (SEND2PRESS NEWSWIRE) — MEDITE Cancer Diagnostics, Inc. (‘Company,’ OTCQB symbol: ‘MDIT’ / OTCBB:MDIT), specializing in the development, manufacturing and marketing of molecular biomarkers and premium medical devices for detection, risk assessment and diagnosis of cancer and precancerous conditions, announces change of auditors.

NEW YORK, N.Y., May 14, 2015 (SEND2PRESS NEWSWIRE) — Lumber Liquidators’ Chinese-made laminate flooring has dangerously high levels of formaldehyde, a toxin so harmful that Weitz and Luxenberg, P.C. filed a class action lawsuit in March against the company on behalf of consumers who installed this highly toxic flooring in their homes.

COMMERCE, Calif., May 5, 2015 (SEND2PRESS NEWSWIRE) — The FootMate(R) System by Gordon Brush will be available to Whole Foods Market Midwest customers in the 44 stores comprising the region beginning in May, 2015.

HOUSTON, Texas, April 16, 2015 (SEND2PRESS NEWSWIRE) — Arbitration hearings have been scheduled for May 8, 2015 and May 13-15, 2015 regarding breach of contract, defamation and fraud claims for at least $131,081.21 filed against American International Industries, Inc. (‘American’; Ticker: AMIN / OTC:AMIN), and its CEO, Daniel Dror, by Scott Wolinsky, a former director of American, and Maria T. Wolinsky, his wife.

NEW YORK, N.Y., March 27, 2015 (SEND2PRESS NEWSWIRE) — Weitz and Luxenberg, P.C., on Wednesday filed a class action lawsuit seeking to make Lumber Liquidators, Inc., pay restitution to consumers who purchased from the home-improvements retailer certain brands of laminate flooring found to emit high levels of health-harming formaldehyde, the law firm announced.

HOUSTON, Texas, March 18, 2015 (SEND2PRESS NEWSWIRE) — Scott Wolinsky, a former director of American International Industries, Inc. (‘American’; Ticker ‘AMIN’), and Maria T. Wolinsky, his wife, have agreed to the consolidation of their defamation and fraud claims that were pending in two separate civil lawsuits against American and its CEO, Daniel Dror, in the Harris County District Courts into the ongoing Houston arbitration proceeding announced by American on December 17, 2014.

NEW YORK, N.Y., March 5, 2015 (SEND2PRESS NEWSWIRE) — A ’60 Minutes’ expose this week of Lumber Liquidators, alleging the home-improvements corporation made profits by selling laminate flooring that emits harmful levels of formaldehyde, prompted Weitz and Luxenberg P.C. to announce today it is investigating claims from consumers who purchased the hazardous Chinese-made product.

LOS ANGELES, Calif., Feb. 18, 2015 (SEND2PRESS NEWSWIRE) — Weitz and Luxenberg, P.C., today announced the filing of a class action lawsuit against the nation’s second-largest health insurer, Indianapolis-based Anthem Inc., following disclosure earlier this month that the private information of 80 million Anthem customers was stolen in a massive online data breach.

HOUSTON, Texas, Feb. 13, 2015 (SEND2PRESS NEWSWIRE) — Scott Wolinsky, a former director of American International Industries, Inc. (OTCBB:AMIN / OTCQB: AMIN), and Maria T. Wolinsky, his wife, have filed two civil lawsuits (Cause No. 2014-74771 filed 12/31/2014 in the 157th Judicial District Court of Harris County, Texas alleging defamation and Cause No. 2015-00708 filed 01/07/2015 in the 11th Judicial District Court of Harris County, Texas alleging fraud) against AMIN and its CEO and President, Daniel Dror.

SAN DIEGO, Calif., Feb. 9, 2015 (SEND2PRESS NEWSWIRE) — Bank of Southern California (OTCQB:FBBN / OTCMKTS:FBBN) (the ‘Bank’) announced today that it completed a private placement of approximately $7.2 million of its common stock, positioning the Company to grow its Southern California Franchise.

FERNLEY, Nev., Nov. 25, 2014 (SEND2PRESS NEWSWIRE) — Verify Smart Corp (OTCBB:VSMR / OTCMKTS:VSMR), a global innovator in financial fraud prevention and digital content distribution to the mobile channel, announced today that it has signed a joint venture and software development, hosting and maintenance agreement with Globrin Systems and Solutions, Ltd. Globrin will maintain and support the new Prvii Celebrity Services Platform and will continue development on Prvii Mobile Applications for iPhone and Android devices.

DALLAS, Texas, Nov. 19, 2014 (SEND2PRESS NEWSWIRE) — MorVest Capital, in concert with its funding partner Customers Bank (NASDAQ: CUBI), today announced that this week it has closed another mortgage servicing rights (MSR) credit facility for a Virginia company, adding to its growing tally. MorVest Capital, LLC is a boutique investment firm primarily focused on providing capital and strategic solutions to the mortgage banking and residential finance industry.

NEW YORK, N.Y., Nov. 10, 2014 (SEND2PRESS NEWSWIRE) — James Allen, a leading engagement ring and certified loose diamond retailer, announced today that it is working with Sears to provide an exclusive and innovative in-store shopping experience at 16 Sears locations throughout New York, Maryland and Puerto Rico.

PALM DESERT, Calif., Nov. 7, 2014 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Markets FBBN / OTCMKTS:FBBN) announced today that it purchased substantially all the assets and liabilities of Frontier Bank, FSB dba El Paseo Bank through a purchase and assumption agreement with the FDIC.

NEW YORK, N.Y., Nov. 4, 2014 (SEND2PRESS NEWSWIRE) — Stryker Corp. has agreed to pay potentially more than $1 billion to settle claims from patients injured by the company’s Rejuvenate and ABGII modular hip implants, the nationally prominent personal-injury law firm of Weitz and Luxenberg today announced.