22 minute read
EMPLOYER RETIREMENT PLAN DEADLINE
Employers Face Deadline For Offering Employee Retirement Plan
BY KEVIN DURKIN
Vice President Employee Benefits and Qualified Plans at LBW Insurance and Financial Services
In the state of California, employers are running short on time to comply with the requirement to provide a qualified retirement savings plan for their employees. Legislation passed in 2016, referred to as the CalSavers law, had a rolling set of compliance deadlines starting with employers with 100 or more employees. Their deadline came and went on June 30, 2020. Now, all California employers with 5 or more employees must comply with this requirement by June 30, 2022.
Employers Have Choices
As a part of the 2016 legislation, California promised to create a public option that would give employers easy access to a qualified individual retirement saving vehicle. The program is called CalSavers and it is the default program into which all employers (with 5 or more employees) must enroll their employees ance. At 90 days, if the employer has still not enrolled in a plan, then the fines will be $250 per eligible employee. At 180 days, if the employer is still not in compliance, a second round of fines will be charged at $500 per eligible employee.
if they’re not offering some other qualified plan such as a 401(k), 403(b), or a SIMPLE IRA. To access CalSavers, employers can visit calsavers. com. Of course, employers can opt not to utilize the CalSavers option and instead provide a private plan. 401(k), 403(b), and other qualifying plans offer distinct differences in advisory services, cost, benefits, and administrative efforts required in comparison to CalSavers.
Penalties For Not Complying
For employers who fail to enroll their employees in CalSavers or initiate a private plan, fines will be levied. Once an employer receives notice from the State, they have 90 days to come into compliployees. For employers who are looking to compete for talent, a robust retirement saving plan may be a critical component of the overall compensation offering. Many candidates look at potential employers and expect to see 401(k) plans with an employer match. CalSavers doesn’t allow for employer contributions and the maximum contribution an individual can make in their CalSavers IRA is $6,000 per year. Conversely, the maximum contribution for a SIMPLE IRA is $14,000 and for a 401(k) it is $22,500 per year. Another significant distinction between a 401(k) plan and CalSavers is the fact that higher compensated workers (those with a Modified Adjusted Gross Income over $129,000, or $204,000 if married filing jointly) aren’t allowed to participate in an IRA and will be responsible for opting out of CalSavers. This means the employer will be leaving its higher compensated employees without any re-
Carefully Consider the Options
For some employers, CalSavers will suffice. There are no employer fees and no fiduciary responsibility. For enrolled savers, there’s flexibility to opt out or back in at any time. If they leave the employer, the CalSavers Roth IRA belongs to them. And for inexperienced savers, selecting investments is made very simple. But CalSavers isn’t the best choice for all firms or all em-
See CALSAVERS, page 22
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The 2021-2022 Assessment Roll
BY JEFF PRANG
Los Angeles County Assessor
Icome before you this month to let you know we are in the final stages of fulfilling our Constitutional mandate and the most significant item I do as your County Assessor: The 2021-2022 Assessment Roll.
As I visited with you last year about this same time, some of you may be scratching your head and wondering: What is the Assessment Roll? Others are more than familiar with the comprehensive tally that values more than 2.5 million real estate parcels in Los Angeles County that results in the very tax dollars that goes to pay for vital public services, such as police, fire, schools, and even libraries, to name a few.
The Assessment Roll must be completed by June 30, as our fiscal year runs from July 1 to June 30.
Last year’s Assessment Roll came in at nearly $1.8 trillion that put nearly $18 billion in the hands of the County to be used for those public services just mentioned. This was the 11th year of consecutive growth; a remarkable feat considering the COVID-19 restrictions.
The Roll, as it is known, contains the assessed value of all real estate and business personal property in the County’s 88 cities along with the unincorporated areas. It also breaks down the number of single-family residential homes, apartments and commercial-industrial parcels.
Last year, the Roll countywide consisted of 2,384,062 taxable real property parcels, 161,488 business property assessments, 29,326 boats and 2,964 aircrafts.
Again for the 2020-2021 Assessment Roll, the hardworking and dedicated staff of the Assessor’s Office processed 402,000 deeds, assessed more than 113,000 transfers, enrolled more than 57,000 new construction, reviewed about 62,000 decline-in-value parcels, and prepared more than 18,000 Assessment Appeals Board cases.
Moreover, in 2021 Assessor business personal property staff canvassed more than 350,000 business locations and processed over 129,000 property statements.
Additionally, Assessor staff proactively reduced the personal property assessments of approximately 73,000 small businesses and reviewed 52 hotel parcels for potential declines in value to reflect the impact of public health mandates on the local economy.
All this exhaustive effort goes into the Assessment Roll because it is the very foundation of Los Angeles County’s property tax system. If the Roll is not thorough and accurate, the County might not receive the necessary funding for the year and critical government services are left wanting. Others cannot do their job until we do ours.
The 2021-2022 Assessment Roll will be released in the coming weeks and, yes, you can expect it will be affected by the more than two-yearold pandemic, even though many of the requirements have been lifted. We will know more as the details are finalized.
For more information about the Assessor’s Office and the many tax savings programs we offer, please visit our website at assessor.lacounty.gov.
CALSAVERS
Continued from page 20
tirement saving vehicle at all. Income limits do not disqualify an employee from a 401(k) plan.
The opportunity to make pre-tax contributions is another advantage 401(k) plans have over CalSavers. CalSavers is a Roth IRA only. This means all contributions are made with post-tax funds. With a 401(k), employers can include pre-tax and roth contribution options for employees. In addition, employers who implement a 401(k) plan and choose to contribute, will be able to deduct contributions on the company’s federal income tax return - to the extent that the contributions don’t exceed certain limitations.
There are also differences between CalSavers and private plans when it comes to control over what investments are offered. While CalSavers offers several investment options, its funds only represent a fraction of the open market, and the employer has no control over their selection. With a 401(k), employers, with assistance of a financial advisor, can decide which funds are offered in the plan.
One last distinction between CalSavers and other qualified options is in administration. Most private plans offer integration with payroll companies. This allows for automatic enrollments and contributions each pay period. With the CalSavers plan, employers are tasked with managing employee enrollments, contributions, changes, and other tasks directly.
With the June 30, 2022 deadline nearly upon us, many employers need to take a strategic look at this issue now. They should reach out to their CPA, a certified financial planner, a 401(k) provider, or some other financial professional to discuss which strategy is right for them. Planning and decision making are important now, before the state of California, or your own employees, demand that you act.
Kevin Durkin, AIF® is the vice president of employee benefits and qualified plans at LBW Insurance and Financial Services. He holds a FINRA Series 6 registration, Investment Co. Product/Variable Contract. CA Insurance License# 0C98002. Securities offered through Securities America, Inc. Member FINRA/SIPC. Donald L. Like and Todd J. Lerner, Registered Representatives. Advisory services offered through PFG Advisors, Donald L. Like and Todd J. Lerner, Investment Advisor Representatives. LBW, PFG Advisors, and Securities America are separate entities.
Time for a Mid-Year Business Checkup
BY PAUL RAGGIO
SCVBJ Contributing Writer
Ivisited my general physician last month. It was time for my annual physical, which hadn’t happened in two-and-a-half years because of COVID. The nurse took my vitals … blood pressure, blood oxygen ratio, weight, and pulse, then escorted me to the exam room. My doctor arrived, and she started with all the routine questions: any significant changes in your life since I last saw you; how’s your diet; what about drinking; your weight has changed; how many hours on average do you sleep; describe your exercise routine; tell me about your stress level. Next came the stethoscope, and she listened to my heart and lungs and then pulled out the reflex hammer from her smock and tapped my knees. All routine stuff, but essential to assess my general health.
I walked out of the exam room with a lab script for blood and urine evaluations, and within a few hours, I had given body fluids soon to be analyzed and reported back to the doctor. In two days, an email directed me to a personal website dashboard where I could review my body fluid results and the battery of tests that stated whether I was in a normal range or not for a man of my life experience, genetics, age, and ethnicity. My doctor’s follow-up phone call where she reported the outcomes of her analysis based on all the information gleaned from my visit and blood and urine results was brief, to the point, and caring. Together, we discussed revising some habits, and I committed to her new goals to optimize my health. She’ll hold me accountable at my next annual physical.
Well, it’s June and time for your checkup — a business checkup. You’re halfway through the year, and you and your leadership team should assess where you are against the plan, then adjust where appropriate to achieve your annual goals. There are the vitals, of course, to explore, such as sales revenue, cost of goods sold, gross profit, cash flow, expense ratios, net profit, and the routine questions: how market and customer demands are changing, is qualified labor available, what external conditions are impacting sales, is market share expanding or contracting.
Then, like your blood and urine analysis, you should be assessing several key performance indicators (KPI) that evaluate the vital areas in your organization and performance in the marketplace. These KPIs should present a range that indicates whether a measured activity is within or out of tolerance. Your approach should be systematic and diagnostic. Systematic in that you’re measuring the same factors over time to establish a baseline. Diagnostic in that the measurements lead you to conclude something, such as affirming an assumption or determining risk.
Once you have identified the areas that are out of variance, it’s time to modify management or leadership routines, or both, to optimize the organization’s health. Management is effectively employing human capital, so the company’s systems operate optimally. Leadership is emotionally connecting with and influencing the people’s behaviors in the organization so they perform optimally. Management and leadership routines, just like healthy eating habits, require tweaking to stay current and relevant in the organization.
This midyear checkup is a best business practice and keeps you and the organization laser-focused on achieving and exceeding the company goals. Going through the checkup permits your goal champions to have clarity on what they are accountable for and a voice in the company’s advancement. Reprioritizing goals, redirecting resources, and redefining success, if necessary, result from the checkup.
I’m a believer in getting an annual physical. I’ve known way too many people who ignore getting a one, then contract a preventable life-threatening illness. As you age and the environment changes, modifying habits to optimize your health is the way to a long-lasting and fruitful life. Similarly, I’m a believer in doing business checkups. I’ve known way too many CEOs and business owners who ignore getting a business checkup, then scratch their heads when the company is struggling to meet payroll. As your company grows and the market changes, modifying your management and leadership routines and redefining success is the way to a thriving and prosperous company. This is how you lead, think, plan, and act. Now, let’s get after it!
Retired Col. Paul A. Raggio is co-owner, with his sister Lisa, of One True North INC Leadership and Business Coaching Solutions. For more information, visit onetruenorthcoach.com.
THE LIST: Financial advisors
Company
Downing Tax & Financial Services
address phone number years in operation
27955 Smyth Dr., Ste 104, Valencia 91355 (661) 257-9405 Since 1982
Edward Jones – Chris Vasques (Financial Advisor) 25152 Springfield Ct, Ste 210, Valencia 91355 (661) 253-1002 Since 1922
Edward Jones – Heather D'Angelo (Financial Advisor) 28470 Avenue Stanford, Ste 340, Valencia 91355 (661) 799-2789 Since 1922
Edward Jones – Steve Gonzalez (Financial Advisor) 25360 Magic Mountain Pkwy, Ste 180, Valencia 91355 (661) 702-7866 Since 1922
EP Wealth Advisors
Global Financial 27441 Tourney Road, #240, Valencia 91355 (310) 543-4559 (800) 272-2328 Since 1985
23822 Valencia Blvd., Ste 304, Valencia 91355 (661) 286-0044 Since 1960
Ingram Financial Solutions
Jolley Financial
LPL Financial – Dean Kunihiro (Financial Advisor)
LPL Financial – Marisa Zatorski (Financial Advisor) 23734 Valencia Blvd #301-A, Valencia 91355 (661) 347-2920 Since 2016
25419 Altos Drive, Valencia, 91355 (661) 259-2344 Since 1971
26712 Linnet Ct., Santa Clarita 91351
27721 Essex Place, Valencia 91354 (818) 781-1008 Since 1989
(661) 296-4450 Since 1989
LPL Financial – Robert Weiss (Financial Advisor) 27137 Baxard Pl., Valencia 91354 (818) 317-0934 Since 1989
Martin & Company, Tax and Wealth Advisors 28494 Westinghouse Place, Ste 111, Valencia 91355 (661) 295-9070 Since 1992
Morgan Stanley – Brian Jacobs 24300 Town Center Dr #200 Valencia 91355 (661) 290 2022 Since 1993
Morgan Stanley – Michael Berger 24300 Town Center Dr. #200 Valencia 91355 (661) 290-2028 Since 1992
Pierson Wealth Management – Ivy Pierson 28368 Constellation Rd. #396 Santa Clarita 91355 (661) 297-7566 Since 2001
Primerica – Bret Siers 28410 Avenue Stanford, Valencia 91355 (661) 294-2499 Since 1977
Primerica – Karen Flores
Primerica – Richard Trunzo
Prosperitas Financial
Shuper Wealth Management
The Credit Advisors Program
Thrivent 27125 Sierra Hwy, Ste 325, Santa Clarita 91351 (818) 437-5313 Since 1977
27201 Tourney Rd, Ste 201-L, Valencia 91355 (818) 252-1830 Since 1977
25060 Avenue Stanford, Ste 100, Valencia 91355 (661) 255-9555 Since 2008
25743 Hood Way, Stevenson Ranch 91381 (213) 447-7588 Since 2020
26650 The Old Rd, Valencia 91381 (661) 705-0451 Since 2009
28366 Constellation Rd. #398 Santa Clarita 91355 (661) 799 0230 Since 1994
Total Financial Solutions, Inc.
Vance Wealth Group -- John Vance 24322 Main St., Newhall 91321 (661) 753-9683 Since 2004
27200 Tourney Rd. #435 Santa Clarita 91355 (661) 775-0956 Since 2003
JUNE 2022
SANTA CLARITA VALLEY BUSINESS JOURNAL · 25
Economic DEvElopmEnt corporation
26455 Rockwell Canyon Road | UCEN 263 | Santa Clarita, CA 91355 | (661) 288-4400 | www.scvedc.org
Three Reasons Why Economic Development Matters
BY HOLLY SCHROEDER
President and CEO of the Santa Clarita Valley Economic Development Corp.
Last month the Santa Clarita Valley Economic Development Corporation joined the International Economic Development Council in celebrating Economic Development Week to help raise awareness of the importance of a strategic approach to economic development.
So what is economic development anyway? It’s set of programs and policies that aid in the creation, retention and expansion of jobs, the development of a stable tax base, and the enhancement of wealth. SCVEDC partners with the City, the County of Los Angeles, COC and local business leaders to comprehensively approach economic development for the entire valley, bringing quality jobs and economic resilience to Santa Clarita. Now more than ever, a thoughtful, integrated approach to economic development is critical to growing and sustaining quality jobs. SCVEDC offers many services and resources to local businesses to assist with workforce development and training, provide vital data and information, and connect companies for networking and peer support.
Here are three reasons why the Santa Clarita Valley places a strong emphasis on economic development:
1. Economic Development Brings Better Jobs, and Higher Wages
At SCVEDC our mission is to bring high-paying, high-quality jobs to the Santa Clarita Valley with a focus on our major industry clusters--aerospace & defense, advanced manufacturing, biomedical devices, digital media & entertainment, and information technology.
Even if you don’t specialize in those areas, competition for talent to fill new jobs can help drive up wages in the community. Consider, for example, that these companies all need HR functions and someone to handle their finances. Don’t be surprised if you find new local, opportunity waiting for you in an industry you’ve never been a part of before.
With better jobs and higher wages comes more tax revenue, and with that the ability to improve our community’s public works. Our City and County leaders utilize this revenue to widen bridges, upgrade traffic lights, and repave streets. Our leadership is also improving public safety with a new Sheriff’s station and keeping our community vibrant by dedicating more resources to improving local parks and building a new senior center.
Staying involved with our local government can give you a better idea of how your tax dollars are spent, and what’s possible when more tax revenue comes in.
3. Economic Development Can Improve Your Quality of Life
Better local jobs mean more opportunities for you to ditch your commute and find a local job. The benefits of doing this are many--reducing stress, saving on transportation costs, and allowing you to recapture your commute time and dedicate it to your family or your personal health, thus improving your overall quality of life. If you are looking for a career closer to home, check out SCVEDC’s new resource: www.liveworkscv.com and sign-up to get notified when local opportunities arise!
Econo Watch
Santa Clarita Valley
Commercial Vacancy Rates Office Space Q1 2022 Q4 2021 Q1 2022 Sq Ft
22.7% 22.10% 2,843,265 Industrial Space 1.10% 1.80% 25,203,813 Total Marked Sq. Ft. Vacancy Percentage: 28,047,078 Office Space - as a % of Vacancy 10.14% 9.97% N/A Industrial Space - as a % of Vacancy 89.86% 90.03% N/A
Building Permits Apr ’22 Mar ‘22 Apr ’21
New Commercial/Industrial Building Permits 1 2 6 Commercial Tenent Improvements/Alterations 31 36 27 Local Company Stock Prices Apr ’22 Mar ‘22 % Change
California Resources Corp (CRC) 40.21 44.73 -10.11%
Carnival Corp. (CCL) 17.3 20.22 -14.44%
FivePoint (FPH) 5.85 6.11 -4.26%
Mission Valley Bank (MVLY) 14.8 15.15 -2.31% Six Flags * (SIX) Woodward (WWD)
Unemployment Rates
Santa Clarita Palmdale Lancaster Glendale Los Angeles County State
38.27 73.5 -12.02% 110.48 124.91 -11.55%
Apr ’22 Mar ’22 % Change
4.4% 4.6% -4.35% 7.0% 7.4% -5.41% 7.3% 7.5% -2.67% 4.5% 4.9% -8.16% 4.7% 4.9% -4.08% 4.6% 4.8% -4.17%
Housing Stats SCV Average Home Price
SCV Average Condo Price SCV Home Sales Mar ’22 Feb ‘ 22 Mar ’21
977,300 915,600 845,900
577,500 607,800 476,500 759 531 839 SCV Condo Sales 280 191 350 SCV Avg. # of Days on Market (SF) 34 26 25 SCV Single Family Home Inventory 248 277 289
Santa Clarita Stock Average
Below you will find a list of local Santa Clarita-based or prominent Santa Clarita companies used for our averages. Each month we will take the average of all these stocks and show that number. Tracking that number from month to month will give you a window of how our local company’s stocks are performing.
Last month the index was 5.489.68 and the average price per share was $182.99.
This month the index is 5,216.58 down 273.10 or 5% for an average share price of $173.89.
Company
Amazon Bank of Southern California
Bioventus Boston Scientific California Resources Corp. Carnival Corp. CBRE
Costco Disney Five Point Holdings IQVIA holdings ITT inc.
KB Homes Otsuka Pharmaceutical
Quest Diagnostics Six Flags Sodexo Sonova Holdings Tri Pointe Homes Walmart Woodward Auto Nation
Boeing Comcast
Home Depot Kohl's
Lennar
Lowes McDonalds
industry ticker May 2 June 1
Retail Banking Biomedical Biomedical NASDAQ: AMZN 2,485.63 2,315.00
OTC: BCAL 14.95 14.95
Nasdaq: BVS NYSE: BSX 12.03 9.62 42.11 41.20
Energy Entertainment/leisure Commercial real estate Retail Entertainment media Home developer Laboratory services Aerospace/manufacturing Home developer Pharmaceutical NYSE: CRC NYSE: CCL NYSE: CBRE 40.21 45.20
NYSE: DIS
NYSE: FPH 111.63 109.42 5.85 4.99
NYSE: IQV 217.99 220.50
NYSE: ITT 70.22 72.99
NYSE: KBH
32.43 34.81 OTCMKTS: OTSKY 16.80 17.20
Laboratory services Entertainment/leisure NYSE: DGX NYSE: SIX 133.84 145.39
32.87 30.03 Home/food services OTCMKTS: SDXAY 15.00 15.41 Biomedical equipment OTCMKTS: SONVY 86.05 71.38
Home developer NYSE: TPH 20.67 21.43
Retail
NYSE: WMT 152.99 128.48 Aerospace/Manufacturing NASDAQ: WWD 110.48 102.24 Auto Dealers NY: AN 115.91 122.13
Aerospace Communications Retail Retail Home Builder Retail
Restaurants Industrial
NY: BA NY: CMCSA NY: HD NY: KSS NY: LEN NY: LOW NY: MCD NY: TXT 149.25 132.23 39.76 44.16 300.49 308.46 57.88 41.87 76.49 81.17
197.73 199.63 249.16 251.87 69.25 66.04
JOIN VIA NOW!
With membership at the heart of the organization, creating value is an ongoing focus. Members receive special member rates for programs, training and events, and discounts on sponsorships at VIA-branded signature events. Perhaps more importantly, members can realize a competitive advantage in developing business within the area’s industrial centers. Since 1981, VIA has collaborated with regional organizations to form strategic partnerships that expand its focus and networking capabilities. By strengthening areas of infl uence, VIA, at times, has reached beyond the valley’s borders to create greater value for members.
UPCOMING EVENTS
23
JUNE
VIA ROCKS American Family Funding: A Summer Season Kick-Off
7
JULY
25
JULY
VIA’s 5th Annual State of the State
Address with Senator Scott Wilk and Assemblywoman Suzette Valladares, (Hyatt Regency Valencia, 11:30 a.m.)
VIA Cocktails & Conversation
with Congressman Mike Garcia El Trocadero, 24274 Main Street, Santa Clarita, 6:00 p.m.
4
NOV
SAVE
THE DATE
SPONSOR SPOTLIGHT
Donahoe Young & Williams LLP
Your Go-To Law Firm in Santa Clarita
Donahoe Young & Williams LLP was recently honored to earn the Signal’s “Best of SCV” recognition as Best Bankruptcy Attorneys for 2021 -- our 4th such award in a row, and 5th overall!
Beyond bankruptcy, Donahoe Young & Williams LLP also focuses on business formation, contracts, dispute resolution, and litigation; real estate issues including title or easement disputes and landlord/tenant; estate planning, probate, and contested estate litigation; and employment-related immigration issues.
Donahoe Young & Williams LLP is Martindale-Hubbell “AV Preeminent”® rated. We have a 4½ star Yelp® rating -- our 19 5-star reviews eclipse a few 1-star reviews. Partner Taylor Williams was recognized as one of JCI Santa Clarita’s “40 Under 40” in 2018, and as a Southern California Super Lawyers Rising Star this year. Partner Mark Young was honored as Santa Clarita Valley Bar Association Lawyer of the Year in 2019.
Donahoe Young & Williams LLP is a proud sponsor of Bridge to Home SCV (Mark Young has served on that board since 1996). The fi rm has been a member of the SCV Chamber of Commerce since 2007, the SCV Business Group since 2015, and the Valley Industry Association (VIA) since 2018 (Mark Young serves on the VIA board).
At Donahoe Young & Williams LLP we off er high-quality legal services on a cost-eff ective basis. We are committed to serving the people and businesses of the SCV for the long haul.
For most matters, we off er a no-cost initial meeting for up to 30 minutes, either telephonically, on Zoom, or in person in our Valencia offi ce at 25152 Springfi eld Court, just off Tourney Road north of Valencia Boulevard. We look forward to helping to resolve your legal issue. To learn more, visit us at www.dywlaw.com (where you can submit a contact form), or call us at (661) 259-9000 to discuss your matter.
NEW MEMBERS
COMBS & MIGUEL
James Combs 31294 The Old Road, Suite 220 Castaic, CA 91384 (661) 406-7600 jcombs@combsmiguel.com
LP PRINT SOLUTIONS
Jeff Giordano 25012 Avenue Kearny Valencia, CA 91355 (661) 253-3444 jeff @lpprintsolutions.com
AMERICAN CRAFTSMAN RESTORATION
Cindy Reid 26074 Avenue Hall, Suite 10 Valencia, CA 91355 (661) 476-7483 cindy@americancraftsman.net
ELEVATE BUSINESS ADVISORY GROUP
Lissa Mahler 23839 Arroyo Park Drive, #910 Valencia, CA 91355 (661) 441- 8423 lissa.mahler@elevatebusinessadvisorygroup.com
LANDSCAPE DEVELOPMENT
Gary Horton 28447 Witherspoon Parkway Valencia, CA 91355 (661) 295-1970 ghorton@landscapedevelopment.com
VETERAN’S COLLABORATIVE
Jeff rey Stabile 23222 Lyons Avenue Newhall, CA 91321 (805) 657-1967 jeff @pegasus2.net
POOLE & SHAFFERY, LLP
John Shaff ery 25350 Magic Mountain Parkway, 2nd Floor Valencia, CA 91355 (661) 290-2991 jshaff ery@pooleshaff ery.com
CONNECT 4 GROWTH SOLUTIONS
Ajay Joshi 24390 Mornington Drive Santa Clarita, CA 91355 (610) 955-4049 ajay@c4Solutions.com
WHERE LAW MEETS CYBER SECURITY
Cyber Security, Data Breach & Internet Privacy:
■ Disclosure and notification requirements to California residents whose unencrypted data was or may have been compromised; ■ Interfacing with the appropriate law enforcement agency and government officials while it conducts its investigation of the breach; ■ Guidance and crisis management for companies and individuals subject to cyber-attacks and breaches; ■ Defense of companies in lawsuits involving internet privacy violations and data breaches; ■ Advising companies as to needed steps to ensure compliance with applicable data privacy and cybersecurity laws; ■ Advising on proactive measures to reduce the chance of a data breach.
Brian Walters Partner, Poole Shaffery
Call 661-290-2991 today for more information!
Santa Clarita 25350 Magic Mountain Parkway, Second Floor | Santa Clarita, CA 91355 661-290-2991 · POOLESHAFFERY.COM
