Former TV finance analyst from Arcadia James Arthur McDonalds, Jr. charged with lying to investors about the health of his finance firm and failing to disclose massive losses incurred through risky investments following the onset of the COVID-19 pandemic. McDonald was CEO of Los Angeles-based Hercules Investments and Redondo Beach-based Index Strategy Advisors Inc. He is believed to be in hiding.
Black employee settles race case. Worker at Arcadia store alleged discrimination when demoted and transferred by Forever 21, the clothing retail store. Plaintiff Monica Fowler held position of team lead at Arcadia store in Westfield Santa Anita mall from September 2018 through September 4, 2020 when she was demoted and transferred. Araz Berberian is co-defendant.
Former Arcadia man accused of lying, losing millions of investors' money. James Arthur McDonald, Jr. former CEO and Chief Investment Officer of Hercules Investments LLC and Index Strategy Advisors Inc. was charged with one count of securities fraud. Prosecutors claim McDonald lost clients of his Los Angeles-based firm Hercules millions of dollars in late 2020. He had been renting a home in Arcadia.
Arcadia Resident Receives Cal State Faculty Innovation and Leadership Award. James Brady, an anthropology professor at Cal State L.A. and Arcadia resident, has received the Faculty Innovation and Leadership Award for his mentorship of students.
James Val, a veteran film and television producer loves to decorate his Arcadia home for Christmas. He won a Holiday Decoration Award by the Arcadia Beautiful Commission.
2024 ELECTIONS - Pasadena City College: Four candidates compete for two Board of Trustee seats on the March 5 election. Voters elect a trustess from each of the seven districts in an area that includes Arcadia, a portion of El Monte, La Canada Flintridge, Pasadena, Rosemead, San Marino, Sierra Madre, South Pasadena, and Temple City. Area 2 candidates are Kevin D. Strotz and James Aragon. Area 6 candidates are Ryan Liu and John Quintanilla.