January 25, 2005 |
About 400 people who invested with jailed Orange County money manager James P. Lewis will be asked to give up their profits, according to a report released Monday. The report by Robb Evans & Associates, which is the court-appointed receiver of Lewis' business, said the 400 people gained more than they lost by investing with Lewis. Authorities say thousands of other investors, however, lost money with Lewis and his company, Financial Advisory Consultants. Lewis was charged in U.S.
December 24, 2003 |
The Securities and Exchange Commission charged Orange County investment manager James P. Lewis Jr. with fraud Tuesday, alleging he falsely told clients who were trying to withdraw money that their accounts had been frozen by the Department of Homeland Security. Securities regulators said the alleged fraud involved two funds managed by Lewis' Financial Advisory Consultants.
December 28, 2003 |
Disease May Spoil State's Dairy and Meat Profits The discovery of a single case of "mad cow" disease in Washington has upended much of California's beef and dairy industries. Until a fuller picture emerges of how the cow developed the disease, meatpackers in California said, they were wary of buying much in the way of supplies, and middlemen were holding off cutting deals with cattle farmers because they didn't want to be stuck with a bunch of beef they couldn't move.