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BUSINESS
September 9, 2009 | Associated Press
A federal judge Tuesday sentenced Silicon Valley financier William "Boots" Del Biaggio III to more than eight years in prison for bilking investors and banks -- including one he helped launch -- out of millions of dollars in a desperate attempt to buy a pro hockey team. The disgraced scion of a prominent San Jose family is to report to prison in January, capping a long fall for a former high roller who counted hockey great Mario Lemieux as a golfing buddy and who jetted on private planes to Las Vegas, where he amassed a $4-million gambling debt.
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CALIFORNIA | LOCAL
May 4, 2002 | From Times Staff and Wire Reports
A federal judge ruled Friday that a California medical marijuana distributor has no constitutional right to dole out cannabis to the sick. The decision was another blow to the Oakland Cannabis Buyers' Cooperative. The U.S. Supreme Court ruled last year that the group had no right to sell marijuana under California's 1996 voter-approved medical marijuana law, which requires the sick to have a doctor's recommendation.
CALIFORNIA | LOCAL
March 27, 2002
Development of plans to protect Sespe Creek and two other California streams will be accelerated under an agreement approved last week by a federal judge. The settlement, endorsed by U.S. District Judge Charles R. Breyer in San Francisco, requires that the U.S. Forest Service complete comprehensive management plans for the rivers by December 2003. In a lawsuit filed last year, a coalition of environmental groups accused the Forest Service of needless delay in finishing the plans.
NEWS
May 26, 1998 | From Associated Press
More than two dozen sheriff's deputies swooped down on San Francisco's largest medical marijuana club and closed it during a predawn raid Monday. Four days after San Francisco Superior Court Judge William Cahill declared the club a public nuisance, a locksmith let a busload of deputies in through a back door of the Cannabis Healing Center at 6 a.m. They evicted seven people staying there, changed the locks and took inventory of the building's contents.
NEWS
October 20, 1998 | MARY CURTIUS, TIMES STAFF WRITER
Oakland's Cannabis Buyers' Club closed Monday after the U.S. 9th Circuit Court of Appeals rejected the club's request for an emergency stay of a lower court's ruling that it was operating illegally. The club was the largest marijuana club still functioning in California.
NEWS
October 17, 1998 | From Associated Press
Hours before U.S. marshals were to shut down a medical marijuana club here Friday, a federal judge issued a stay allowing it to remain open until at least Monday. U.S. District Judge Charles Breyer said the 2,200-member Oakland Cannabis Buyers' Cooperative can stay open until attorneys seek an additional stay from the U.S. 9th Circuit Court of Appeals that would allow it to continue to operate.
BUSINESS
January 17, 2008 | From Bloomberg News
Former Brocade Communications Systems Inc. Chief Executive Gregory Reyes, the first CEO convicted by a jury for manipulating stock options, was sentenced Wednesday to 21 months in prison and ordered to pay a $15-million fine. Prosecutors had sought a 33-month sentence. In giving the lesser term, U.S. District Judge Charles Breyer in San Francisco said he took into account Reyes' contributions to charity.
BUSINESS
September 22, 2012 | Bloomberg News
Wal-Mart Stores Inc. lost a bid to dismiss an 11-year-old gender discrimination lawsuit brought on behalf of workers in California after the U.S. Supreme Court barred a lawsuit representing Wal-Mart employees nationwide. U.S. District Judge Charles Breyer in San Francisco said in an order Friday that the plaintiffs have proposed a reduced class size to between one and several hundred thousand members. The reduced class could be certified, Breyer wrote, if it made a showing consistent with the Supreme Court's decision that a nationwide class action isn't appropriate.
BUSINESS
March 14, 2002 | DENNIS WALTERS, BLOOMBERG NEWS
David Fitzgerald, former head of underwriter Pacific Genesis Group Inc., has agreed to pay $300,000 to settle securities fraud charges concerning municipal bond sales for a Southern California housing development, a lawyer for the Securities and Exchange Commission said. The SEC in December 2000 sued Fitzgerald and Alameda, Calif.-based Pacific Genesis, charging they misled investors with an inflated appraisal and other improper disclosures in selling about $70 million of bonds for the project.
BUSINESS
July 10, 2007 | From Times Wire Services
A judge Monday allowed trial to proceed for former Brocade Communications Systems Inc. Chief Executive Gregory Reyes while he considers whether to dismiss charges against the first CEO prosecuted for stock option backdating. U.S. District Judge Charles Breyer in San Francisco said he probably would decide July 19 whether to throw the case out.
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