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LOS ANGELES (KGTV) - A vigil held Wednesday for a bicyclist killed at an intersection in South Los Angeles on Tuesday became the scene of another hit-and-run crash that injured a pedestrian."The driver of a tan-colored Honda Accord drove through the vigil at the intersection of Manchester and Normandie avenues shortly after 1 p.m.," Los Angeles police Officer Tony Im said.The video from the scene captured the sedan striking the pedestrian, who is then flung into the air, appearing to hit his head on the car windshield and finally landing on the asphalt.RELATED: GOOD SAMARITAN HIT WHILE HELPING MOTORISTAfter rolling to his feet, he hopped over to the sidewalk on one foot, seemingly injuring his right leg. He then collapsed onto the sidewalk where onlookers came to his aid.As the suspected hit-and-run motorist drove off, a group from the dozens of bicyclists taking part in the vigil attempted to follow the vehicle, including people running after the driver.During the vigil, "some rocks and bottles were thrown toward responding officers and a patrol vehicle, but no officers were injured and no arrests were made," Im said.Police were able to eventually clear the intersection. A department SUV can be seen having its rear window smashed.According to the LAPD's South Traffic Division, the bicyclist killed Tuesday was a man in his early 20s, who was struck by a white Porsche Cayenne SUV. The victim was identified in news reports as 22-year-old Frederick Frazier."The driver of the SUV that hit the young man was heading east on Manchester when the collision occurred. The driver then headed south on Budlong Avenue before traveling west. It was last seen westbound near La Salle Avenue Elementary School," police said.CNS contributed to this report. 1808

LONDON (AP) — Some public health experts are criticizing the U.S. for securing a large supply of the only drug licensed so far to treat COVID-19. The U.S. government announced this week that it had an agreement with Gilead Sciences to make the bulk of their production of remdesivir available to Americans for the next three months. A senior lecturer at the University of Sussex called the U.S. agreement “disappointing news." Until now, the California-based Gilead had donated the drug. That ended Tuesday and Gilead has set the price for new shipments. Gilead is allowing generic makers to supply the drug to poor or middle-income countries at much lower prices. 672

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 (CNS) - Two Beverly Hills men, including a Realtor, have been charged with burglarizing the homes of singers Usher and Adam Lambert and other residences by allegedly using open houses to facilitate the crimes, the Los Angeles County District Attorney's Office announced Thursday. Jason Emil Yaselli, a 32-year-old Realtor, is scheduled to be arraigned Friday in a downtown Los Angeles courtroom on 50 felony counts, including first-degree residential burglary, first-degree residential burglary with a person present, money laundering, identity theft, conspiracy to commit burglary and conspiracy to commit money laundering. The charges include an allegation of taking more than 0,000 through fraud and embezzlement. Yaselli, who was arrested Wednesday by Los Angeles police, was jailed in lieu of .73 million bail. Co-defendant Benjamin Eitan Ackerman, 33, pleaded not guilty Monday to the same charges, which allege crimes between December 2016 and August 2018. The criminal complaint alleges that Yaselli ``allowed defendant Ackerman to use his credit card with the understanding that defendant Ackerman would pay down the principal and interest from the proceeds of the sale of the luxury items taken from 14 inhabited dwellings'' and ``encouraged'' Ackerman to commit the burglaries. The alleged victims of the burglaries included Usher, Lambert, reality TV personalities Paul and Dorit Kemsley and former professional football player Shaun Phillips. In many instances, Yaselli and Ackerman allegedly identified the targets or committed the burglaries during open houses in Beverly Hills, West Hollywood, Brentwood and Hollywood Hills, according to Deputy District Attorney Stephen Morgan. At a Jan. 2 news conference, Los Angeles police announced that more than 2,000 high-end items -- including art work, clothing, purses, jewelry and fine wine -- had been seized from a home and storage unit belonging to Ackerman. ``Ackerman would pose as either an interested buyer or in purchasing the property or he would pose as a real estate broker wanting to show the property,'' Los Angeles Police Department Capt. Cory Palka said at the news conference. ``With the assistance of the LAPD's Commercial Crimes Unit, Hollywood detectives were able to identify 13 separate burglary victims based on evidence recovered from the locker or storage unit and Ackerman's residence. We believe there may be additional victims based on the large volume of stolen property that was recovered and are asking the public's help in identifying additional victims, and most importantly, returning their property to them.'' LAPD Detective Jared Timmons estimated that the items are collectively worth ``in the millions of dollars, multiple millions of dollars.'' Investigators determined that Ackerman -- who has a criminal record -- had signed into open houses on several occasions and asked in one instance about acquiring rare art work, the detective said. Ackerman -- who allegedly went after ``high-value targets'' -- showed up to the open houses while ``dressed to the nines'' and ``acted the part'' without being challenged to confirm his identity or where he was employed, according to the detective. ``He would tour open houses and he would come back later,'' Timmons told reporters. ``... This person is very sophisticated. In a lot of these cases, we see tampered surveillance videos. We're still looking into that. As we said, open houses usually were the main source of that. However, we do have one case where he targeted a family friend, so nobody's off the table.'' Ackerman was initially arrested last September by Los Angeles police, then arrested again on Aug. 16, one day after the criminal charges were filed. He was subsequently released on a .2 million bond and is due back in court Oct. 3, when a date is scheduled to be set for a hearing to determine if there is sufficient evidence to require him to stand trial. Yaselli and Ackerman could face up to 31 years and eight months in prison if they are convicted as charged, according to the District Attorney's Office. 4099

LOS ANGELES (CNS) - The Los Angeles City Council voted Tuesday to ban the use of exotic animals for entertainment purposes, effectively putting an end to traditional circuses and similar ventures within the city."The issue of wild, exotic animals being abused came to my doorstep four years ago, when a baby giraffe and elephant were being marched up the Hollywood Hills for a house party," said Councilman David Ryu. "It is time that the city of Los Angeles makes absolutely clear that this abuse of animals is shameful, and we will not stand for it."The ban, which was passed on a 14-0 vote, also prohibits people from riding wild and exotic animals or using them in other entertainment purposes, whether a fee is charged or not.The ban does not apply to typically domesticated animals such as horses.Wildlife conservationists who obtain applicable permits and the Los Angeles Zoo, which exhibit animals for educational purposes but do not require them to perform tricks, are exempt from the ban.It's the strongest city ordinance in the nation that protects wild and exotic animals, according to Ryu.According to the councilman, exotic animals such as elephants, giraffes and lions have been brought to lavish house parties in the Hollywood Hills for years.Rachel Matthews, deputy director of captive animal law enforcement for the People for the Ethical Treatment of Animals, said the organization strongly supported the ban."Using petrified penguins, bewildered big cats and other wild animals as party props sentences sensitive animals to miserable, deprived lives in chains, cages and trailers, and can endanger partygoers when the animals get spooked," she said. "PETA supported this progressive ban every step of the way, and we look forward to seeing the lights go out on the days of dragging bears, giraffes, elephants and lions to house parties." 1865