Headlines March 17, 2022
Superior Announces Water Safety Update
The town of Superior announced yesterday that the water is now safe to drink despite its smell and taste. According to an announcement made yesterday, tests show water throughout the system continues to meet all federal and state drinking water standards. Deposited ash in Superior’s Terminal Reservoir continues to affect the water’s taste and odor. Officials say they’re addressing community complaints. Solutions will include removing ash from the reservoir, and using chlorine dioxide and carbon to break down odor compounds.
Denver Council President Seeks Green Valley HOA Investigation
A Denver official has asked Governor Jared Polis and Attorney General Phil Weiser to investigate the Green Valley Ranch homeowner association. City Council President Stacie Gilmore says the association excessively fined residents, resulting in fifty homes in the foreclosure process. Gilmore set a temporary hold on further foreclosures during the investigation.
Feds Investigate Colorado Biotech Company For Fraud
Federal authorities are investigating a Centennial biotech company for allegedly defrauding investors of more than $10 million. Federal authorities are investigating a Centennial biotech company for allegedly defrauding investors of more than $10 million.
The company, Cell>Point, and its subsidiaries, including Cell Theranostics, are being investigated for allegedly misleading investors about new technology to diagnose and treat lung cancer and cardiovascular disease.
The Denver Post reports that the regional office of the SEC filed a case in June 2021 against Cell>Point and its subsidiaries. This February, the U.S. District Court in Denver issued a preliminary injunction against the company.
The court’s decision said the SEC proved the defendants had made misrepresentations in violation of the Securities Exchange Act. The order prohibits the company from making misstatements or withholding pertinent information from investors.
The SEC’s lawsuit covers the company’s activities from January 2016 through February 2021.
In the lawsuit, the SEC said that Cell>Point’s fraud was continuous and calculated to enrich the individual defendants at the expense of the company’s investors.
The company’s website says it specializes in theranostic nuclear medicine. Theranostics is the term used to describe the combination of using one radioactive drug to diagnose and a second radioactive drug to deliver therapy to treat the main tumor and any cancer cells that have spread to other parts of the body.
Juvenile Charged In Oak Fire Arson To Do Community Service
A suspect linked to last year’s Oak fire in Jefferson County must complete community service and fire education classes as ordered by the court. The blaze began on December 27th near Chatfield Reservoir and though there were no injuries, a nearby apartment complex was temporarily evacuated, and 153 acres of grassland burned. Officials say the identity of the suspect is to be kept confidential because the person is a minor.
Longmont Home Explosion
Exploding propane tanks shook a Longmont neighborhood early Wednesday morning. Firefighters evacuated nearby homes and put out the fire, which began in a family’s detached garage. The home’s two occupants escaped without injury. The Longmont Leader reports that resident Michael Gianetti, who owns a hot-air balloon business, used the garage to store two propane tanks and balloons. Officials are still investigating the cause of the blast.
Japanese Internment Camp To Become Colorado Historic Site
A Bill designating the Granada War Relocation Center in Colorado as a national historic site is awaiting signature from President Biden. The former internment camp held people of Japanese descent during World War II following the bombing of Pearl Harbor. The new law would place the one-square mile property, also known as Camp Amache, under National Park Service management.
State Democratic and Republican lawmakers championed the bill. After the bombing of Pearl Harbor, the U.S. federal government stripped Japanese Americans and immigrants of their property and imprisoned them in camps, citing national security fears. Representative Joe Neguse says he hopes the site will teach future generations that quote “fear and hate have no place in our country.”