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BUSINESS
May 13, 1986
C.B. Schroeder Jr. has joined San Diego Securities as a securities broker and a business and life insurance specialist.
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CALIFORNIA | LOCAL
March 28, 2009 | Tony Perry
Two more lawsuits have been filed in federal court against the former Blackwater Worldwide security firm by families of Iraqis allegedly killed by Blackwater guards. The lawsuits, filed this week, allege that Blackwater, which has changed its name to Xe, "fostered a culture of lawlessness among its employees." One suit was filed on behalf of the family of a teacher killed Sept. 9, 2007; the other was on behalf of 15 families of those killed Sept. 16, 2007. They are seeking unspecified damages.
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BUSINESS
February 17, 1988 | GREG JOHNSON, Times Staff Writer
San Diego Securities and two other securities firms failed to properly execute buy and sell orders during the avalanche of stock trades that followed the Oct. 19 market crash, according to a federal lawsuit filed Monday by an insurance company. The suit demands more than $660,000 in actual damages in addition to unspecified damages. Also named are Thomas Green & Associates, a Los Angeles-based securities firm, and Broadcort Capital Corp., a Merrill Lynch, Pierce, Fenner & Smith Inc.
BUSINESS
April 18, 1989
Stocks were awaiting the release of the Consumer Price Index expected out today) before making a run at a new recovery high, said Irving Katz, director of research for Thomas Greene/San Diego Securities. The largest percentage gainer of the week was Molecular Biosystems, gaining $3.75 to make a new high of $23. No announcement has been made since its $31-million marketing pact with a Japanese pharmaceutical firm to market its Albunex ultrasound contrast agent. Price Co. gained $3.25 as reservations about the imminent preferred share dividend became secondary to the prospects of Price's excellent growth potential.
BUSINESS
June 27, 1989
With the Dow Jones Industrial Average up nearly 50 points Friday and down 20 points Monday, the only message to investors was uncertainty, said Irving Katz, director of research at Thomas Green/San Diego Securities. Two San Diego-based stocks, however, fell out of favor with analysts and their institutional investor clients and suffered dramatic drops. Advanced Marketing Services fell $5.75, or 34%, for the week as it announced that it expects to report substantially lower earnings in its first fiscal quarter.
BUSINESS
August 17, 1990 | LINDA DARNELL WILLIAMS, TIMES STAFF WRITER
The Securities and Exchange Commission on Thursday accused a San Diego couple and four associates of duping investors into putting $9 million into bogus securities that were supposed to finance the purchase of medical claims. In a suit filed in U.S. District Court in San Diego, the SEC named Donald and Minnie Bader of San Diego, who also face criminal charges in the same court over their alleged involvement in a health insurance fraud scheme; three relatives of the Baders, and Harry C.
BUSINESS
June 27, 1989
With the Dow Jones Industrial Average up nearly 50 points Friday and down 20 points Monday, the only message to investors was uncertainty, said Irving Katz, director of research at Thomas Green/San Diego Securities. Two San Diego-based stocks, however, fell out of favor with analysts and their institutional investor clients and suffered dramatic drops. Advanced Marketing Services fell $5.75, or 34%, for the week as it announced that it expects to report substantially lower earnings in its first fiscal quarter.
BUSINESS
June 20, 1989
Momentum seems to have left the stock market despite last week's high volume and evidently was attributable to Friday's triple-witching hour, according to Irving Katz, director of research for Thomas Green/San Diego Securities. The Dow Jones Industrial Average, which fell during the past two weeks, fell again on Monday on low volume. Henley Group was the large loser of the week, giving up $3. The company continues to confuse its shareholders with its machinations, Katz said.
BUSINESS
June 13, 1989
With the American Stock Exchange index hitting an all-time high and the NASDAQ index flirt i ng with an all-time high, San Diego stocks continued to forge ahead, according to Irving Katz, director of research for Thomas Green/San Diego Securities. Ten San Diego stocks reported 1989 highs for the week, Katz said. Maxwell Laboratories logged the largest upward move, gaining $3.25 to a new high of $17, matching the $17-a-share merger bid announced last week by JAYCOR, a privately held defense contractor.
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