Articles

Pence appoints veteran Indiana aide chief counsel

Indiana Gov.-elect Mike Pence announced Wednesday that Mark Ahearn would serve as his general counsel. Ahearn comes from the Indiana Department of Transportation and previously worked for Pence and former Sen. Dan Quayle in Congress.

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Prosecutors: Durham, accomplices deserve life sentences

Saying their crimes were “as serious as any financial fraud crime ever committed,” federal prosecutors re-emphasized Monday their recommendation that Ponzi schemer Tim Durham and his two accomplices deserve to spend the rest of their lives in prison.

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Durham asks court for five-year sentence

Convicted Ponzi schemer Tim Durham is requesting a much shorter prison stay than the life sentence federal prosecutors want him to serve. The convicted Ponzi schemer and two associates are set to be sentenced Friday.

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Insurance customer lawsuits dog CNO

CNO Financial Group appears to have wrapped its arms around the cost of settling a trio of consumer lawsuits involving life insurance rate hikes, but it’s not out of the woods yet.

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Hostess, union unsuccessful in court-ordered mediation

The maker of Twinkies and Ding Dongs said late Tuesday that it failed to reach an agreement with its second-biggest union. As a result, Hostess plans to continue with a hearing on Wednesday in which a bankruptcy court judge will decide if the company can close its operations.

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Durham lawyer balks at proposed 225-year sentence

The attorney for convicted Ponzi schemer Tim Durham argues that the presentencing report miscalculates the losses suffered by investors, includes a range of allegations that weren’t proven at trial and blames his client for events outside his control.

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