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Reynolds Kendrick Stratton

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BUSINESS
December 18, 1993 | JONATHAN WEBER, TIMES STAFF WRITER
A Beverly Hills stock brokerage has allied itself with a convicted Canadian stock promoter and is selling shares in a minerals technology company with parallels to one that was at the heart of a major European stock fraud in the mid-1980s. The brokerage, Reynolds Kendrick & Stratton, has been in the spotlight in recent months for its ties to controversial stock broker Rafi Khan, who is trying to gain control of ICN Pharmaceuticals.
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BUSINESS
December 18, 1993 | JONATHAN WEBER, TIMES STAFF WRITER
A Beverly Hills stock brokerage has allied itself with a convicted Canadian stock promoter and is selling shares in a minerals technology company with parallels to one that was at the heart of a major European stock fraud in the mid-1980s. The brokerage, Reynolds Kendrick & Stratton, has been in the spotlight in recent months for its ties to controversial stock broker Rafi Khan, who is trying to gain control of ICN Pharmaceuticals.
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ENTERTAINMENT
May 3, 1996 | Times Staff and Wire Reports
NASD Fines Beverly Hills Firm, 8 Brokers: The National Assn. of Securities Dealers has fined now-defunct Reynolds Kendrick Stratton Inc. $50,000 and eight of its former brokers a total of $365,000 for alleged violations of rules governing sales of stocks. The brokerage, while touting stock in Worldwide Collections Fund Inc. in 1992, failed to tell investors about Worldwide's "serious problems," the NASD said.
BUSINESS
July 2, 1991
Otra Securities Group Inc., a Glendale clearing agency for securities brokers, said its first-quarter profit jumped to $108,507 from $16,869 a year earlier. The higher earnings in the quarter ended March 31 came on a 6% increase in Otra's revenue, to $2.55 million from $2.41 million.
BUSINESS
May 14, 1993 | JAMES M. GOMEZ, TIMES STAFF WRITER
A federal judge in New York has apparently issued a ruling that bars a Beverly Hills stockbroker from soliciting proxies in an effort to oust Milan Panic as chairman of ICN Pharmaceuticals Inc., sources said Thursday. Rafi Khan at the brokerage Reynolds Kendrick & Stratton has been under a temporary restraining order to stop building a coalition of disgruntled shareholders in his attempt to place his own handpicked board of directors in control of the Costa Mesa company.
BUSINESS
August 27, 1993 | JAMES M. GOMEZ, TIMES STAFF WRITER
ICN Pharmaceuticals Inc. said Thursday that it will seek a new court order against a Beverly Hills stockbroker if he renews efforts to oust the company's directors. Stockbroker Rafi Khan, a dissident ICN shareholder, hailed as a victory a U.S. Court of Appeals decision Wednesday to overturn a May 13 ruling barring him from soliciting shareholder support in a proxy fight. He also said he will renew his effort to overthrow ICN Chairman Milan Panic and other members of the company's board.
BUSINESS
May 5, 1993 | JAMES M. GOMEZ, TIMES STAFF WRITER
Embroiled in a growing battle over its leadership, ICN Pharmaceuticals Inc. said Tuesday that it has postponed its annual meeting indefinitely. ICN spokesman Paul Knopick gave no reason for the delay, adding that it has not been decided when a new date will be announced. The Costa Mesa-based drug company's three subsidiaries, however, are scheduled to hold annual meetings next week, Knopick said. Subsidiaries Viratek Inc. and ICN Biomedicals Inc.
BUSINESS
February 16, 2000 | WILLOUGHBY MARIANO, TIMES STAFF WRITER
Beverly Hills-based discount brokerage JB Oxford Holdings Inc. has agreed to pay $2 million to settle a federal criminal investigation into its relationship with convicted stock swindler Irving Kott, the U.S. attorney's office announced Tuesday.
BUSINESS
August 26, 1993 | JAMES M. GOMEZ, TIMES STAFF WRITER
A federal appeals court dealt a blow to ICN Pharmaceuticals Inc. on Wednesday, overturning a lower court ruling that had barred a dissident shareholder from trying to overthrow the company's colorful chairman. Beverly Hills stockbroker Rafi Khan, who once sold ICN shares but has since become one of the company's chief detractors, is now free to press on with his proxy battle to oust ICN's directors, including Chairman Milan Panic, who founded the company in 1960.
BUSINESS
March 20, 1997 | TOM PETRUNO, TIMES STAFF WRITER
The court-appointed trustee handling the liquidation of failed Glendale brokerage W.S. Clearing Inc. has reached a tentative agreement to transfer most of the accounts to J.B. Oxford & Co., a controversial Beverly Hills-based discount brokerage. Isaac Pachulski, attorney for the trustee firm of Stutman, Treister & Glatt, said Wednesday that J.B. Oxford will take the bulk of W.S. Clearing's 15,000 accounts, pending documentation and Bankruptcy Court approval. W.S.
BUSINESS
August 20, 1997 | DEBORA VRANA, TIMES STAFF WRITER
Dozens of FBI agents Tuesday raided JB Oxford & Co., the Beverly Hills discount brokerage firm associated with convicted stock swindler Irving Kott. The raid signals a wide-ranging probe by federal agents into the operations of the brokerage and Kott, a consultant to Oxford who has had run-ins with securities regulators in the past, sources said. The Securities and Exchange Commission is working with the FBI in the investigation, which includes some ventures related to Kott, sources said.
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