Articles

Lampoon paid for Durham’s defense, trustee alleges

Fair Finance bankruptcy trustee Brian Bash, charged with recovering funds for Fair investors, alleges in a court filing that National Lampoon funded convicted Ponzi schemer Tim Durham’s defense. Durham is a former CEO of the film company.

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Leader of fraud scheme pleads guilty to 20 counts

Michael Russell faces between 57 and 71 months in prison for defrauding an Indianapolis investor of $1.7 million. Two associates, Paul Bateman, a former City-County councilor, and Manuel Gonzalez, have pleaded not guilty and are set for trial Feb. 11.

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NCAA says Penn State fine money in special account

The NCAA said Thursday it has no immediate plans to spend the $12 million already paid to it as part of the sanctions against Penn State University over its handling of child sex abuse allegations against former assistant football coach Jerry Sandusky.

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Indiana House panel backs sentencing-laws overhaul

A sweeping plan to overhaul Indiana's criminal sentencing laws cleared its first hurdle in the Legislature on Wednesday with the support of law-enforcement groups that had scuttled similar efforts the past two years.

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Vectren digs in to fight gas plant

A synthetic natural gas plant proposed downstate need only tweak its contract with would-be gas purchaser Indiana Finance Authority to comply with an October court ruling and to proceed with the project, Indiana Gasification said in a recent filing with the Indiana Court of Appeals. But opponents of the plant, led by Evansville-based gas and electric utility Vectren, immediately objected.

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Lilly settles with four sisters in DES cancer case

Four sisters who claimed their breast cancer was caused by a drug their mother took during pregnancy in the 1950s reached a settlement Wednesday with Eli Lilly and Co. in the first of scores of similar claims around the country to go to trial.

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Trial set to begin over pregnancy drug sold by Lilly

Four sisters diagnosed with breast cancer are suing Eli Lilly and Co., a former maker of DES, or diethylstilbestrol, a drug taken by their mother in the 1950s when she was pregnant. It could be the first of scores of such trials over the drug.

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