Articles

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Private equity group confirms Herff Jones buyout

Charlesbank Capital Partners and Partners Group say the purchase—reportedly for $1.5 billion—ensures the educational-products company “has the capital structure, resources, and financial flexibility” to further expand.

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Indiana man sentenced for running fake credit union

Timothy Coughlin, 63, of Indianapolis was ordered to pay $10 million in restitution at sentencing Friday in federal court. Prosecutors say 5,000 investors from 50 countries and all 50 states made deposits to his fake credit union.

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U.S. high court: Who best judges fair competition?

The U.S. Supreme Court is set to hear a case over whether U.S. states can delegate the regulation of professions such as dentistry, plumbing, cosmetology and more to boards of practitioners drawn from those occupations.

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