To curb sex trafficking, prosecutors forbid Pomona motel from renting rooms by the hour [Los Angeles Times (CA)]
Jack In The Box Inc. (JACK)
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Source: Los Angeles Times
In a novel use of consumer protection laws, Los Angeles County prosecutors announced Friday that the owner of Pomona motel has agreed to a court settlement that restricts his business and aims to stop sex-trafficking and prostitution at the site. The owner of the motel, the Pomona Lodge, agreed to stop renting rooms by the hour and turn over security footage to law enforcement upon request, among other measures. The Los Angeles County district attorney’s office said the settlement represents the first time county prosecutors have used consumer protection laws to go after properties where sex is sold and people are trafficked. County prosecutors had charged that the motel was a public nuisance and its owners had violated business codes and the state’s Red Light Abatement Law — legislation written 107 years ago to shut down brothels. The settlement’s terms will remain in place for four years, and the motel’s owners also will pay a $9,000 fine. The motel’s owners, according to state busi
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News
- Jack in the Box Inc. (NASDAQ: JACK) had its price target lowered by analysts at UBS Group AG from $87.00 to $60.00. They now have a "neutral" rating on the stock.MarketBeat
- Countdown to Jack In The Box (JACK) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS [Yahoo! Finance]Yahoo! Finance
- Fast-food workers make $20 an hour. California's other low-wage earners ask: What about us? [Yahoo! Finance]Yahoo! Finance
- Fast-food workers make $20 an hour. California's other low-wage earners ask: What about us? [Los Angeles Times (CA)]Los Angeles Times
- Jack in the Box Inc. (NASDAQ: JACK) had its price target lowered by analysts at Piper Sandler from $81.00 to $67.00. They now have a "neutral" rating on the stock.MarketBeat
JACK
Earnings
- 2/21/24 - In-Line
JACK
Sec Filings
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- JACK's page on the SEC website