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LOS ANGELES (KGTV) -- A 5.3 magnitude earthquake shook the Los Angeles area Thursday afternoon. According to the United States Geological Survey, the earthquake struck about 35 miles southwest of Channel Island Beach. At this time there are no reports of damage or injuries. The National Weather Service added that there is no risk for tsunami. Shortly after the quake, the Los Angeles Fire Department went into earthquake mode. According to the department, during earthquake mode, firefighters from all 106 neighborhood fire stations survey all 470 square miles in the greater Los Angeles area. The department says crews are now inspecting dams, power-lines and large places such as Dodger Stadium to ensure public safety.  772

LOS ANGELES, Calif. – Actor Danny Masterson has been charged with forcibly raping three women in separate incidents between 2001 and 2003.Los Angeles County District Attorney Jackie Lacey announced Wednesday that Masterson is being charged with three counts of rape by force or fear.The “That '70s Show” actor, now 44, is accused of raping a 23-year-old woman between January and December 2001, according to the district attorney’s office.In April 2003, Masterson allegedly raped a 28-year-old woman.And sometime between October and December of 2003, he is accused of raping a 23-year-old woman who he had invited to his Hollywood Hills home.Deputy District Attorney Reinhold Mueller of the Sex Crimes Division, who is prosecuting the case, said all of the alleged crimes occurred at the defendant’s home.Masterson’s arraignment is scheduled for September 18.If convicted as charged, Masterson faces a possible maximum sentence of 45 years to life in state prison.The district attorney’s office says it declined to file sexual assault charges against Masterson in two other cases, one for insufficient evidence and the other based upon the statute of limitations for the crime alleged.The case remains under investigation by the Los Angeles Police Department’s Robbery-Homicide Division. 1295

LOS ANGELES (CNS) - The Securities and Exchange Commission announced Friday that Calabasas-based Cheesecake Factory Inc. will pay a 5,000 penalty for making "false or misleading" disclosures about the impact of the COVID-19 pandemic on its business operations and financial condition.This is the first time the SEC has brought allegations against a public company for misleading investors about the financial effects of the pandemic.According to the SEC's order, the Cheesecake Factory restaurant group said in regulatory filings in March and April that its eateries were "operating sustainably," while failing to disclose that the company was losing roughly million in cash per week and had just 16 weeks of cash remaining.The order finds that although the company did not disclose the information in its filings, the group did share the particulars with potential private equity investors or lenders as it sought additional liquidity during the public health crisis.Without admitting the SEC's findings, the restaurant company agreed to pay the penalty and to cease-and-desist from further violations of the charged provisions. In determining to accept the settlement, the SEC said it considered the cooperation afforded by the company.A Cheesecake Factory representative pointed to a disclosure form filed Friday in which the company stated it was in full compliance with the cease- and-desist order and that the company "fully cooperated with the SEC in the settlement" without admitting or denying the regulators' allegations.The order also finds that although the March filing described actions the company had undertaken to preserve financial flexibility during the pandemic, it failed to disclose that Cheesecake Factory already had informed its landlords that it would not pay rent in April due to the impacts that COVID- 19 inflicted on its business."During the pandemic, many public companies have discharged their disclosure obligations in a commendable manner, working proactively to keep investors informed of the current and anticipated material impacts of COVID-19 on their operations and financial condition," SEC Chairman Jay Clayton said. "As our local and national response to the pandemic evolves, it is important that issuers continue their proactive, principles-based approach to disclosure, tailoring these disclosures to the firm and industry-specific effects of the pandemic on their business and operations. It is also important that issuers who make materially false or misleading statements regarding the pandemic's impact on their business and operations be held accountable."Cheesecake Factory had notified its landlords that it wouldn't pay rent on April 1 due to financial complications stemming from the coronavirus outbreak. A letter sent by Chief Executive David Overton to the restaurant group's landlords -- many of which are shopping mall operators -- was released publicly in March by Eater L.A.The company has 294 restaurants in North America, 39 in California and five in San Diego County.Its largest landlord is Indianapolis, Indiana-based real estate company Simon Property Group, which provides space for 41 Cheesecake Factory locations, according to the San Fernando Valley Business Journal."When public companies describe for investors the impact of COVID-19 on their business, they must speak accurately," said Stephanie Avakian, director of the SEC's Division of Enforcement. "The Enforcement Division, including the Coronavirus Steering Committee, will continue to scrutinize COVID- related disclosures to ensure that investors receive accurate, timely information, while also giving appropriate credit for prompt and substantial cooperation in investigations." 3725

LONDON (AP) — Cinema chain Cineworld says it is considering closing all its movie theaters in Britain and the United States, after the postponement of the new James Bond film left a big hole in schedules. Cineworld Group PLC owns 543 Regal cinemas in the U.S. and 128 Cineworld venues in the U.K. and Ireland. It said Sunday it was "considering the temporary closure of our U.K. and U.S. cinemas, but a final decision has not yet been reached." The statement came after the Sunday Times reported that Cineworld's U.K. theaters will shut in the coming weeks. The release of James Bond thriller "No Time to Die" has been delayed from November until April 2021 because of the effect of the coronavirus pandemic. 716

LONG BEACH, Calif. (AP) — Authorities have identified three men who died after a gunman opened fire from an alley into a party, fatally shooting them and wounding nine others.Long Beach police say Thursday that 25-year-old Maurice Poe Jr., 35-year-old Melvin Williams II, and 28-year-old Ricardo Torres were slain in the attack.Authorities are still trying to find the gunman, who concealed his face as he fired the shots into the gathering of 25 to 30 people, including a group of co-workers, then fled in a vehicle. Other suspects may have been involved in the shooting.Police say the shooting was a targeted attack but not believed to be gang-related.Long Beach police did not have information Thursday regarding the conditions of the seven women and two men who were wounded. 787

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