Articles

Ex-Norwood execs say company cheated them out of millions

Indianapolis-based Norwood Promotional Products is facing legal challenges from a half-dozen former executives who say board
members and investors conspired to fire them, withhold severance pay and cheat them out of as much as $3.6 million in company
stock.

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Squabble threatens ABA’s credibility

Rival board members are at war over the future of the American Basketball Association just as the Indianapolis-based professional
league appeared to be on the cusp of breakthrough growth.

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Political upstart unloads auto dealership

Eric Dickerson, the Republican trying to unseat Julia Carson in the 7th congressional District, plans to sell his north-side Buick dealership to Ed Martin Automotive Group as early as next month. But the dealership could become a campaign liability even if it’s sold.

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Credit union ordered to pay ex-executive $3.4M

A Marion County judge has ordered an Indianapolis credit union to pay its former CEO $3.4 million, saying it wrongly froze the executive’s accounts after accusing him of financial improprieties three years ago.

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Levin builds reputation for pursuing class-action suits

Attorney Irwin Levin stood in a courtroom years ago for a pretrial conference when a colleague began to ridicule a rival firm’s slogan. Overhearing the diatribe, the judge asked Levin whether his law office had a mantra. Without hesitation, he quipped: “We’re going to kick your ass.” The room erupted in laughter. While Levin, 51, might have answered in jest, the managing partner of Cohen & Malad LLP indeed has built a national reputation for bloodying the noses of large…

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