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LOS ANGELES (KGTV) - Surveillance video released by the Los Angeles Police Department shows a violent taco truck robbery that left a worker with injuries.Three men entered the truck as it was parked on West Manchester Ave. in South Los Angeles around 3 a.m. on July 14.Police said the men forced the workers to the ground and demanded cash.One worker was pistol-whipped during the hold-up. There is no word on his condition.The suspects were not able to gain access to the safe in the taco truck. They took the workers’ cell phones and cash before leaving, investigators said.Los Angeles Police said the men were last seen running from the location with the victims’ property. They were described as in their 20s with no distinctive physical features.Anyone with information was asked to call the LAPD. 810
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
LOS ANGELES (AP) — Authorities say “Glee” star Naya Rivera has been found dead at a Southern California lake. Ventura County sheriff’s officials confirmed at a news conference that the body found floating in Lake Piru earlier Monday was the 33-year-old Rivera. The discovery came five days after Rivera’s 4-year-old son was found asleep and alone on a rented boat. Authorities said the following day they believed Rivera had drowned. She is the third star of the Fox musical-comedy series “Glee” to die in their 30s. Her death was confirmed exactly seven years after co-star Corey Monteith died. 603
LOS ANGELES, Calif. – Every morning in the heart of Korea Town in Los Angeles, families drive by UCLA Community School to pick up food.“I have kids and this food helps us out a lot,” L.A. parent Eddie Lopez said.Principal Leyda Garcia says the structure of the K-12 school is designed to support families.“Schools are so central and integral to young people’s lives and trajectories," Principal Garcia said. "So whether it’s having social workers, or access to a legal clinic like we do, or medical or counseling, it’s just this idea that the community is responding to the needs of the whole child.”Supporting families at UCLA Community School is essential to the success of its students because many of them are living in poverty.“We have about a thousand students, and we are 80 to 85% Latinx, about 95% of our students are on free and reduced lunch,” Garcia said.Latinx students and other students of color feel the impacts of systemic racism through education. A lot of it has to do with the way schools are funded in the U.S. Historically, America’s schools are financed in large part through property taxes, the tax paid by owners of other homes and businesses in a community.It’s a system that some experts say automatically puts low-income communities at a disadvantage. Dr. Bruce Fuller is a professor of education and public policy at U.C. Berkeley in California.“In a lot of parts in this country we’re still highly dependent upon this property-tax wealth and that means poor communities have to tax themselves even more than middle-class communities, and even when they do that, they raise less revenues than middle-class communities just because these poor neighborhoods have very low wealth – both residential and commercial,” Fuller said.Low-income communities aren’t able to supply their schools with as much tax money as more affluent communities. According to Fuller, states like California, Illinois, New York and Texas tax wealthier businesses more heavily and redistribute those dollars into lower-income school districts to help spread out the funding more evenly.But even if schools get similar dollars from the state, UCLA Research Professor Patricia Gàndara says disparities still exist as parents and community members in wealthier neighborhoods are able to fundraise in a way that poorer parents can’t.“In a community that doesn’t have all of those assets in the community, whatever they get from the state is it,” Gàndara said.Some argue students who are determined enough can get a higher education and better life for themselves and their future family. However, Gàndara says that's not true.“We’ve done studies of that and I’ve heard that too and it makes my skin crawl because I know firsthand that’s not true,” Gàndara said. “Schools that serve very low-income children often times don’t even offer the courses that are required to be able to get into college. So you can be an A student, but you didn’t take the courses that are required for admissibility to the university.”Gàndara says Latinos are more segregated than any other group in the West. She says they’re likely to go to school with other children who also who have fewer resources and whose parents may not know how to navigate the system. Think about SAT prep and college applications. Gàndara says their test results are weak not because they’re not capable, but because they’re not afforded the same opportunities.“Every once in a while, there’s a student who breaks out of a situation like that and ends up going to Harvard or something and everybody says ‘oh see, there’s the evidence that anyone can do it’. That is such an outlier,” Gàndara said. “As long as we segregate off the poor children and the children of color into their own schools, and the middle-class children who are more affluent into their own schools, the society as a whole doesn’t care.”In her studies, Gàndara found that students of color who do have a more equitable future are students who are integrated with other middle-class children.“They sat next to kids who had some privilege. And they heard about college which they would have never heard about in their own communities, and they heard about that teacher who really prepares you for it, or that class that you really need if you want to apply for college.”Fuller says one way of integrating people of different race, ethnicity and class is through public policy.“In California we’ve had a major initiative to build higher-density housing – apartment buildings – around transit hubs, around subway stations. These sort of simple devices in the policy world help to diversify the residents in local communities,” Fuller said.Garcia says changing the mentality that minorities aren’t worth as much should be the first step. She says we need to create healing spaces where people feel good about who they are and understand their potential.“Toni Morrison says one of the main functions of racism is distraction. Because you have to prove and over and over that you’re a human being, that you matter, that you’re a human being, that your language is powerful and that it means something,” Garcia said. 5141
LOS ANGELES (AP) — It’s a boy for Alec and Hilaria Baldwin. The couple on Wednesday announced the arrival of their fifth child together. Hilaria Baldwin posted on Instagram and said the boy, “is perfect and we couldn't be happier. Stay tuned for a name.” 263