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In Brief
Business news from throughout the bay area.
By Times Staff
Published March 16, 2006
Red Lobster exec to lead Outback venture Outback Steakhouse has hired a former Red Lobster president to lead its concept for a new chain called Blue Coral Seafood & Spirits. Edna Morris will serve as president of Blue Coral, whose inaugural restaurant will open this summer in Newport Beach, Calif. Morris, who recently served as president of the James Beard Foundation, left Red Lobster and parent company Darden Restaurants in 2003 after an all-you-can-eat snow-crab promotion drained profits. Miami law firm opens Tampa office A Miami law firm with 175 attorneys statewide has opened an office in Tampa. Shutts & Bowen said it hired away four lawyers from the Tampa office of Ohio-based Shumaker Loop to staff its sixth Florida location. FBI getting a new home in Tampa About a month ago, the Federal Bureau of Investigation moved its 350 employees out of downtown Tampa into the Westshore business district. Now the FBI and developer Highwoods Properties will hold a grand opening for its $26-million, 112,000-square-foot building on March 23. The scheduled special guest is FBI director Robert Mueller. The new field office is at 5525 W Gray St. Titan Metal Service to build new plant Titan Metal Service of Clearwater will build a $5-million metal processing facility at Tampa's port. The company will lease 5 acres on Hooker's Point, where it will cut rolls of sheet metal to size for manufacturing customers in the Southeast. The facility is scheduled to open in the fall and initially will employ 12 to 15 workers. New York lawsuit accuses H&R Block New York state filed a $250-million fraud suit Wednesday against H&R Block Inc., charging that the nation's largest tax preparation service steered more than 500,000 customers into a money-losing retirement account plan. The suit alleges that that Block advised clients to buy an "unsuitable, fraudulently marketed, poorly performing, fee-ridden "retirement vehicle' " that actually shrinks over time. Cendant chairman will be tried again Prosecutors plan to try former Cendant Corp. chairman Walter Forbes for a third time on charges he participated in a massive fraud that cost the company and investors more than $3-billion. Forbes' first two trials ended in mistrials.
[Last modified March 16, 2006, 13:46:12]
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