Ricker Oil’s Oct. 22 suit claims British petroleum giant BP is charging unjustified royalty fees while delivering no boost
from its national advertising, its proprietary IT system or its bulk purchase pricing.
A lawyer says Irving Materials Inc. has agreed to pay $29 million to settle a class-action antitrust lawsuit alleging it and
six other companies conspired to fix the price of ready-mixed concrete.
South Carolina Attorney General Henry McMaster said Friday that the state has reached a $45 million settlement with drug maker
Eli Lilly and Co. over the company’s marketing of an anti-psychotic drug.
Indianapolis businessman Tim Durham has treated Ohio-based Fair Finance Co. almost like a personal bank since buying it seven
years ago, and now he, his partners and related firms owe it more than $168 million, records show.
The Mooresville-based company that owns John Dillinger’s publicity rights has made an “offer” of sorts
that the Godfather can’t refuse.
Eli Lilly and Co. has agreed to settle the State of South Carolina’s lawsuit that claimed Lilly improperly marketed the antipsychotic
drug Zyprexa, according to Bloomberg News.
A London-based hedge fund has sued Brightpoint Inc. over a $10 million loan it alleges the Indianapolis-based cell phone distributor
fraudulently brokered in anticipation of an acquisition in France that never materialized.
Locally based Broadbent Co., one of the city’s biggest retail developers, has sued two of its banks, charging they’re
wrongly attempting to restrict its access to a $50 million credit line.
The Indiana Supreme Court will decide whether engineering subcontractors should be held liable for millions of dollars in
cost overruns in a recent renovation of Indianapolis’ central public library.
Forty-three former employees of Navistar Inc.’s shuttered diesel engine plant have sued the company, claiming it
breached their collective bargaining agreement by moving plant work in recent years to non-union facilities.
Lauth Group Inc. in recent weeks has won critical courtroom victories that likely will allow company principals
to retain control of three subsidiaries in Chapter 11 bankruptcy.
The Indiana state teachers union’s insurance fund has filed a lawsuit alleging former officials, financial advisers and consultants
mismanaged a long-term disability insurance trust.
A group of former franchisees of Noble Roman’s Inc. has hired a new attorney to represent them in a case against
the chain after a Hamilton County judge tossed their old lawyer.
The insider-trading settlements announced by the Securities and Exchange Commission this week were an outgrowth of a broader
inquiry into trading in First Indiana Corp. by dozens of people before its sale two years ago, according to a former director
of the bank.
The Penrod Society has filed a lawsuit against former treasurer Brandon Benker, seeking to recover more than $380,000 it alleges
he embezzled last year.
The Penrod Society has filed a lawsuit against former treasurer Brandon Benker, seeking to recover
more than $380,000 it alleges he embezzled last year.
Local businessman J.B. Carlson contends the $15 million life insurance policy he took out on Stephen Hilbert’s mother-in-law
was legitimate, because she served on his firm’s board and was a key decision-maker. The mother-in-law, Germaine
“Suzy” Tomlinson, died at age 74 last September—just 32 months after the policy was issued.
Franklin College filed a lawsuit today alleging trademark infringement against Ohio-based Franklin
University, which will open a campus in Castleton this fall. The liberal arts college south of Indianapolis
said the newcomer’s marketing blitz has been too close to Franklin College’s own branding.
U.S. Rep. Andre Carson, D-Indianapolis, is taking on General Motors Corp. and Chrysler Corp. in the name of crash victims.
Cummins Inc. is battling its insurers in court, saying they’re refusing to pay
most of the company’s $381 million in claims stemming from the flood that immersed its southern Indiana
facilities a year ago.
