California Gov. Newsom signs 10 bills targeting flash mobs, theft, and smash-and-grab robberies [Fortune]
Nextdoor Holdings, Inc. (KIND)
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Source: Fortune
crimes, making it easier to go after repeat shoplifters and auto thieves and increase penalties for those running professional reselling schemes. The move comes as Democratic leadership works to prove that they're tough enough on crime while trying to convince voters reject a ballot measure that would bring even harsher sentences for repeat offenders of shoplifting and drug charges. While shoplifting has been a growing problem, large-scale, smash-and-grab thefts, in which groups of individuals brazenly rush into stores and take goods in plain sight, have become a crisis in California and elsewhere in recent years. Such crimes, often captured on video and posted on social media, have brought particular attention to the problem of retail theft in the state. The legislation includes the most significant changes to address retail theft in years, the Democratic governor said. It allows law enforcement to combine the value of goods stolen from different victims to impose harsher penal
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KIND
Earnings
- 2/27/24 - Beat
KIND
Sec Filings
- 9/9/24 - Form 4
- 9/5/24 - Form 144
- 8/28/24 - Form SC
- KIND's page on the SEC website