One of Shelby County’s largest employers is suing NatCity Investments Inc. to try to recover nearly $8 million in losses on
auction-rate securities. Knauf Insulation filed suit in Shelby Superior Court in March, saying NatCity should repay the money
in accordance with a settlement the bank reached with federal regulators in March 2009.
Louis Simpson bilked investors of $948,500 by claiming to operate a program with the Department of Housing and Urban Development.
Acquisition by Indianapolis-based funeral home and cemetery business by Pennsylvania-based company will preserve funds depleted
by former owner.
The highest-profile addition is Jim Coles, a veteran lawyer who will co-lead his new firm’s intellectual property practice.
Susan Guyett, who wrote the Talk of Our Town column, claims the newspaper discriminated against her on the basis of age when
she was let go from her job in 2008.
A Johnson County judge approved the reduced amount, which was agreed upon during mediation. The settlement brings funeral
home and
cemetery business a step closer to being sold.
A federal judge has rejected Guidant Corp.'s guilty plea to charges it hid defects in heart defibrillators, after some
doctors and patients complained about the $296 million deal.
Marion County Superior Court Judge Stanley Kroh sentenced Brandon Benker to three years in prison and two years in a Community
Corrections program, in which he may be assigned to work release or home detention. Benker stole more than $380,000 from the
group in 2008.
The Indianapolis Metropolitan Police Department likely will have to return more than $273,000 in cash seized as part of a
racketeering investigation after the Marion County Prosecutor's Office missed a civil forfeiture deadline.
An Anderson firm that provides a “one number” service that rings all of a client’s phones has filed suit
against Web giant Google, alleging Google Voice infringes on two of its patents.
Melvin Simon’s daughter Deborah is lashing out at her stepmother Bren in a new court filing, saying she was “mentally
and verbally abusive” toward the billionaire late in his life and kept him isolated from friends and family.
Former director says he saw employees give passing scores to students who had failed entrance exams, raise their grades and
alter their attendance records so they would continue to receive U.S. financial aid.
The wife of Indianapolis businessman Steve Hilbert is working with a team of attorneys to determine whether her deceased mother’s
estate can claim the benefit of a life insurance policy issued by Houston-based American General Life Insurance Co.
Another case has surfaced in which Marion County Prosecutor Carl Brizzi personally weighed in to the benefit of defense attorney
Paul Page, Brizzi’s friend and business partner.
Beverly Hills, Calif.-based entertainment company says lease gives it the right to change venue’s name to Old National Centre.
Cook Group Chairman Steve Ferguson is target of complaint that charges he and others violated federal racketeering laws by
serving
on an entity that recommended a team that included Bill Cook to develop the French Lick Resort project.
Eighteen states, including Indiana, argue the federal government cannot force citizens to buy health insurance coverage.
Pennsylvania company is one step closer to purchasing the Indianapolis-based Memory Gardens Management Corp., whose former
owner pleaded guilty to theft and securities fraud.
The 7th Circuit Court of Appeals has ruled that the Indianapolis Motor Speedway Foundation Inc. is the rightful owner of a
classic 1979 Porsche on display at its Hall of Fame Museum.
The suit against Laikin, a longtime friend of Fair Finance CEO Tim Durham, is the first major legal move to untangle the morass
of related-party loans that propelled the company into insolvency.
