Premier Properties USA Inc. has eliminated about half its headquarters staff–more than 40 employees–as banks seize several
of its properties and CEO Christopher P. White faces a barrage of new lawsuits alleging unpaid bills, defaulted loans, illegally
redirected rent payments and check fraud.
An Indianapolis law firm has filed a class-action suit seeking more than $20 million from a pair of financial-services firms
it says facilitated the transactions that allowed a New Jersey couple to plunder cemetery trust funds. Cohen & Malad LLP filed
the lawsuit late last month on behalf of thousands of customers of Indianapolis-based Memory Gardens Management Corp., which
owns Memory Gardens in Greenwood, Lincoln Memory Gardens in Boone County and other cemeteries. The defendants are the company,
New York-based…
A family that once owned Forest Lawn Memory Gardens and Funeral Home in Greenwood has asked
a Johnson County court to put the business into receivership amid questions about the status of trust funds set aside to pay
funeral expenses and maintenance.
Radio One Indiana’s former controller has filed a civil lawsuit against the company charging she was terminated because of
her race after she raised concerns about fraud and payola in relation to the company’s financial statements.
Alan G. Symons’ company, Fast Tek Group LLC, lost a court fight with Fishers-based competitor Product Action International
LLC in February. So Symons pushed Fast Tek into Chapter 11 bankruptcy protection in June–a move that clears the way for a
suitor to buy the assets without being saddled with the liabilities.
By now, David Marsh might be regretting he ever decided to take on former employer Marsh Supermarkets Inc. in court. Since
he filed his lawsuit last fall charging the company his grandfather founded had shortchanged him on severance, the company
has stormed back with a blizzard of allegations.
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.
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.
Eli Lilly and Co. is facing another round of litigation over its star seller, Zyprexa, as insurers and third-party payers
ask to be reimbursed for covering the antipsychotic drug.
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.
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.
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…
