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NEWS
July 19, 2012 | By Stuart Pfeifer
A veteran Securities and Exchange Commission attorney has been named director of the agency's Los Angeles regional office. Michele Wein Layne will oversee a staff of more than 120 employees who enforce securities laws in Southern California, Arizona, Nevada, Hawaii and Guam. Layne, 53, had been associate regional director of the SEC's Los Angeles office since 2005. She began her SEC career 17 years ago, working her way from staff attorney to the head of the busy Los Angeles office.
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BUSINESS
April 24, 2014 | By Stuart Pfeifer
A former partner at the Los Angeles office of accounting giant KPMG was sentenced to 14 months in federal prison for giving confidential information about his firm's clients to a golfing buddy, who used it to make more than $1 million in profits by trading those companies' stocks. Scott London, 51, pleaded guilty to insider trading last year, admitting that he repeatedly tipped off a friend to the secrets of several KPMG clients, including Herbalife Ltd. and Skechers USA Inc., from 2010 to 2012.
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BUSINESS
April 15, 2012 | By Roger Vincent
Former executives of office landlord MGP Office Trust have launched their own property company with the purchase of a landmark Los Angeles office building. Nelson and Christopher Rising of Rising Realty Partners expect their acquisition of Pacific Center at Sixth and Olive streets to close Monday. Terms of the purchase from Alliance Commercial Partners were not revealed, but experts familiar with downtown real estate prices value the deal at $60 million. The new owners will change the name of the complex to the PacMutual Building, in keeping with the origins of the Beaux Arts style complex that can be traced to railroad tycoons Charles Crocker, Leland Stanford and Mark Hopkins.
CALIFORNIA | LOCAL
April 10, 2014 | By Robert J. Lopez
Carlos Canino cut his teeth as an undercover agent in Los Angeles, in an era when violent crime was hitting record highs. It was the summer of 1991, and the Bureau of Alcohol, Tobacco, Firearms and Explosives had transferred Canino to the Los Angeles office. The city was nearing 1,000 reported homicides, many of them fueled by street gangs battling for control of lucrative drug turf. Canino was detailed to a violent-crime task force, where he worked undercover with other ATF agents and Los Angeles Police Department officers targeting gang members in the Westlake and Pico-Union neighborhoods west of the downtown skyline.
BUSINESS
December 18, 2012 | By Roger Vincent
Renting an office in Los Angeles' desirable Century City market is expensive by local standards but a pittance compared with other big cities in the world. Los Angeles ranked only 32nd on a semiannual list of international office rents compiled by real estate brokerage CBRE Group Inc. No American city was even in the top 10, which was led by Hong Kong, London and Tokyo. Rent in densely developed Hong Kong averages $246 per square foot per year, more than three times as much as Century City's $77. The most expensive U.S. market was New York's Midtown Manhattan, which ranked 16th at $114.
BUSINESS
February 27, 1998 | Debora Vrana
Silicon Valley Bank, a wholly owned subsidiary of Silicon Valley Bancshares, has opened its first office in Los Angeles to lend to growing technology companies. Silicon Valley, which already has offices in San Diego and Irvine, lends to growing mid-sized companies primarily in the technology and science industries. The bank had a small office in Los Angeles that focused on entertainment, but that division will move to the new office in West Los Angeles.
NEWS
November 22, 1987
Charging favoritism to Mormons in the FBI's Los Angeles office, Agent Paul P. Magallanes has asked a federal judge in Texas to order the FBI to return him to the bureau's Ventura office and to give him back his gun and FBI car. Magallanes, who is Latino, said in his petition for an injunction filed Friday that he was transferred from his home in Ventura to Los Angeles as punishment for testifying for another Latino agent, Bernardo (Matt) Perez, during a discrimination suit against the FBI.
BUSINESS
March 4, 1988 | BRUCE HOROVITZ, Times Staff Writer
Yet another major out-of-town advertising agency, W. B. Doner & Co., has closed its Los Angeles office. The agency, which has headquarters in both suburban Detroit and Baltimore, on Thursday abruptly closed its Los Angeles office nearly nine years after it opened. This marks the third big out-of-town agency to close its Los Angeles division in less than a year. Last month, the new ad firm Scali, McCabe, Sloves announced plans to close its Los Angeles office.
BUSINESS
August 9, 1991 | GREGORY CROUCH, TIMES STAFF WRITER
The intrigue ensnarling the Bank of Credit & Commerce International reached as far as its Los Angeles outpost, where the clientele included an international arms smuggler who claimed ties to Iran-Contra mastermind Lt. Col. Oliver North, a mysterious Saudi businessman and Panamanian dictator Manuel A. Noriega. In a two-hour interview this week, the bank's last local manager, Geoffrey C. Abbott, acknowledged BCCI's ties to an unsavory--and provocative--cast of international characters.
CALIFORNIA | LOCAL
November 6, 1987 | RONALD L. SOBLE, Times Staff Writer
A national group long known as the legal arm of the civil rights movement has opened an office in downtown Los Angeles as a Western base to pursue more jobs for blacks and women in defense industries and to provide decent public housing for the poor. The group--the NAACP Legal Defense and Educational Fund--initially has placed two attorneys in the office at 634 S. Spring St. The Fund's headquarters is in New York City with a second office in Washington.
CALIFORNIA | LOCAL
April 8, 2014 | By Kate Mather, Joseph Serna and Richard Winton
Daniel Yealu was upbeat when he talked to his father last year. He told him that he was making good money as a security guard, had applied to get into the Burbank police academy and hoped to soon buy a condominium. But on Monday night, the 29-year-old allegedly walked into a Los Angeles Police Department station, approached the front desk and opened fire at two officers. One was wounded before the pair returned fire, critically wounding the suspect. LAPD Chief Charlie Beck said Yealu used a Glock pistol and was carrying extra magazines.
CALIFORNIA | LOCAL
April 2, 2014 | By Emily Alpert Reyes
More than 450   medical marijuana shops have filed renewals to pay Los Angeles business taxes this year - more than three times as many as are allowed to stay open under Proposition D. The new numbers won't settle the debate over how many medical marijuana businesses are now operating in Los Angeles. Additional pot shops may be open but have fallen delinquent on their taxes. Some may have never registered to pay taxes at all. But the numbers provide the latest hint at what has happened since Los Angeles voters passed new rules attempting to restrict medical marijuana shops.
BUSINESS
March 9, 2014 | By Ronald D. White
The gig: Deryl McKissack, 52, is president and chief executive of McKissack & McKissack, a construction management and design firm with offices in Los Angeles, Washington, Chicago and Baltimore. The firm manages about $15 billion in construction projects. It has 160 employees. "We're managing the construction process, providing inspections, overseeing schedules and budgets," McKissack said. "With program management, you are managing more than just one project. You are managing an entire capital program for a client.
NEWS
February 14, 2014 | By Corina Knoll
A 40-year-old Los Angeles police officer was found guilty of perjury and conspiracy to obstruct justice Thursday at his retrial. Manuel Ortiz was first put on trial in 2012 along with two former Los Angeles police officers accused of writing false reports and lying on the stand during a drug possession case. Evan Samuel and Richard Amio were convicted and sentenced to community labor and probation, but the jury was hung 11 to 1 in favor of guilt when it came to Ortiz. This time, a panel of six women and six men deliberated for about two hours before deciding Ortiz's fate.
CALIFORNIA | LOCAL
February 6, 2014 | By David Colker
Clint Eastwood had a "make my day" attitude about Hollywood agents, including his own representative, Leonard Hirshan. "If he didn't return a call, he would have been history!" the screen tough guy said this week. But then Eastwood laughed and said, sadly, "I'm just joking. Lenny always returned a call. " Hirshan was Eastwood's agent for more than 50 years, perhaps a record in Hollywood for a major star. It started when Hirshan was already an established agent with the all-powerful William Morris Agency, where over the years he represented stars such as Jack Lemmon, Angela Lansbury, Walter Matthau and Sophia Loren, and also negotiated film deals for the likes of Elvis Presley.
NATIONAL
February 3, 2014 | By Matt Pearce and Tina Susman
NEW YORK - The death of Oscar-winning actor Philip Seymour Hoffman underscores a surge in heroin use reminiscent of the 1970s and early '80s. More than 660,000 Americans used heroin in 2012, health officials say - nearly double the number from five years earlier - and users tend to be more affluent than before, living in the suburbs and rural areas rather than the inner city. "It's reached epidemic proportions here in the United States," said Rusty Payne, a Washington, D.C.-based spokesman for the Drug Enforcement Administration.
BUSINESS
March 2, 1991 | BRUCE HOROVITZ, TIMES STAFF WRITER
L.A. Gear's ad agency has given the sneaker maker the boot. The Los Angeles office of BBDO Worldwide on Friday said it was resigning the account primarily because of creative and strategic differences. The loss of its ad agency--which L.A. Gear named with great hoopla just three months ago--represents yet another in a series of blows the once high-flying Marina del Rey firm has suffered recently. Earlier this week rival Nike Inc. sued L.A.
CALIFORNIA | LOCAL
July 3, 1991 | RONALD J. OSTROW, TIMES STAFF WRITER
Charlie J. Parsons, a 22-year FBI veteran who has specialized in gambling and organized crime investigations, will head the bureau's Los Angeles office, FBI Director William S. Sessions said Tuesday. Succeeding Larry Lawler, who is retiring, Parsons, 47, also brings to the FBI's third-largest office experience as head of the organization's inspection operation--the unit whose agents examine whether field offices are running as FBI policy dictates. Parsons, whose Kingsport, Tenn.
CALIFORNIA | LOCAL
November 4, 2013
Discuss the latest on the Los Angeles International Airport shooting at 9 a.m. with Times reporter Kate Mather. The man accused of going on Friday's deadly shooting rampage through   LAX remained heavily sedated and under armed guard at a hospital Monday. Paul Anthony Ciancia , 23, an unemployed motorcycle mechanic, was wounded by LAX police as he shot his way through Terminal 3 shortly after 9 a.m. Friday, authorities said. Ciancia was shot four times in the head and a leg and is heavily sedated, the Associated Press reported.
CALIFORNIA | LOCAL
November 3, 2013 | By Joe Tanfani, Ashley Powers and Kate Mather
As authorities filed murder charges against the suspect in the LAX shooting rampage, they were also trying to determine  a possible motive. Paul Anthony Ciancia , 23, an unemployed motorcycle mechanic, grew up in the Philadelphia suburb of Pennsville Township, N.J., where his father runs an auto body shop. The success of Salem County Collision afforded the family beach vacations, private school tuition for their children and renovations to their stately home, said longtime family friend Alan Levitsky.
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