Articles

Simon suffers setback in antitrust suit

A federal lawsuit alleging monopolistic behavior by Simon Property Group Inc. likely will proceed to trial after a federal judge in South Bend denied a motion by the Indianapolis-based mall giant to dismiss the 3-year-old case.

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HDG Mansur hit with $5.8M court judgment

A federal judge in New York has slapped HDG Mansur with a $5.8 million judgment, ruling in favor of a former client that said the Indianapolis real estate firm misappropriated funds.

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Delta Faucet builds innovation machine in Carmel

One of Indiana’s most innovative companies in the past decade doesn’t make surgical instruments or drugs or engines. It makes water faucets and toilets. Delta Faucet Co. has secured 589 patents in the past 20 years.

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New front opens in family battle over Mel Simon fortune

Bren Simon is pushing hard for a distribution from the estate now, citing as precedent an Indiana Court of Appeals ruling in another case that “as a matter of policy, beneficiaries should not be starved of distributions to which they are undisputably entitled.”

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City Securities paying $580,000 to settle SEC probe

The SEC said the Indianapolis investment firm and a southern Indiana school district made false statements to bond investors. The agency also said the head of City's municipal bond division, Randy Ruhl, provided improper gifts to bond issuers.

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String of EEOC complaints dogs WTHR

A case brought early this year by the executive assistant to WTHR-TV Channel 13’s former president was the seventh since 2005 by a woman alleging sex discrimination at the NBC affiliate

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Faithful are victims at both ends of church scam

Nearly a decade after the government took over an Indiana brokerage firm whose leaders scammed more than 10,000 devout investors out of millions of dollars, officials are still trying to get their money back without forcing congregations out of their houses of worship.

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