A judge has blocked Tim Durham and other directors of Dallas-based CLST Holdings Inc. from dissolving the struggling company
at the close of business Friday. Its largest shareholder hopes to place dissident candidates on the board.
Indiana entrepreneurs weary of hitting dry holes with angel investors and venture capitalists are turning to Chinese investors
who are eager to diversify their portfolios, latch onto American innovations—and take advantage of a federal visa program.
Brian Bash will need to untangle a web of related-party transactions that have befuddled nearly everyone who has tried to make sense of them.
Simon is at a crossroads where many other CEOs have found themselves, with most of them getting caught up in the circus, only to find destruction in their wake.
A federal trustee will take control of the company’s assets while securities-fraud probes continue.
Fears that Greece may default on its government debt have kept global markets on edge.
Indianapolis-based Redwood Investment Advisers Ltd. has been purchased by a firm in Portland, Ore. Redwood, whose clients
include physicians and physician groups, has $350 million in assets under management.
A federal judge is weighing whether to unseal search-warrant documents related to the federal investigation of businessman
Tim Durham and Akron, Ohio-based Fair Finance Co. following a hearing Thursday in Youngstown, Ohio.
Attorneys for the company and its parent firm denied any fraud occurred but said receivership nonetheless made sense.
Dallas-based CLST Holdings Inc. has struggled, and its shares trade for a mere 9 cents apiece.
The Indianapolis area is home to myriad unsung entrepreneurs who run interesting companies, make money and create good jobs.
Here are some of them.
The motion filed in an Ohio court is aimed at preventing funds from disappearing while investigations continue.
While Sardar Biglari’s effort to duplicate Warren Buffett is clear, some of the Steak n Shake chief’s moves have been superficial.
The uncertainty of health care reform and a bad economy curtailed venture capital flow in 2009.
Cooper Manning, brother of Super Bowl winners Peyton and Eli, is a big success in his own right as a broker of energy stocks.
But you’ll rarely hear him mention the sibling connection to his clients, or that he’s buddies with Drew Brees.
Ohio residents who put money into Tim Durham’s company want the U.S. Attorney’s Office to seize his and the company’s assets.
With Valentine’s Day approaching, a Purdue prof calls for sober due diligence before engagement rings find their
way onto fingers.
Ohio residents who attended investor meeting say recovering funds hinges on locking down assets that remain.
Indianapolis financier Tim Durham’s famed 98-foot yacht is up for sale for $4.8 million. Durham has been selling some of his
holdings in recent months as financial pressures have intensified after the FBI raided his offices in Indiana and Ohio.
U.S. stocks sank again Friday, extending the market’s biggest three-day tumble since March, as financial shares slumped on
President Obama’s plan to rein in banks.
