Michael Lewis, 53, filed a complaint with the Indianapolis office of the U.S. Equal Employment Opportunity
Commission Aug. 13 and sued Huntington Oct. 15 in Marion Superior Court.
Ohio securities regulators say Tim Durham’s Fair Finance Co. won’t be permitted to sell additional investment certificates
unless it satisfactorily answers a series of questions about the company’s ability to pay them back.
A judge on Wednesday afternoon sentenced Christopher P. White to one year on home detention and three years of probation in
connection with a $500,000 bad check he wrote last year as he tried to save his real estate development firm, Premier Properties
USA Inc.
Internet phone service provider Vonage Holdings Corp. will pay $3 million to 32 states, including Indiana, and provide refunds
to affected customers.
Eli Lilly and Co. has agreed to pay Utah $24 million to settle a lawsuit claiming the company improperly marketed the antipsychotic
drug Zyprexa.
A former assistant manager of a Fifth Third Bank branch in Indianapolis has pleaded guilty to setting fire to the bank vault
in an attempt to cover his thefts.
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.
Two former real estate investors have pleaded guilty to federal charges that they set up straw deals to obtain inflated
mortgages on more than 100 Indianapolis houses.
An indicted Indiana money manager plans a book about an attempt to flee mounting personal problems that ended with him parachuting
from a plane that later crashed into a Florida swamp.
An Indiana State Excise Police initiative that uses underage customers to catch retailers selling alcohol to people under
age 21 netted more than 370 violations across Indiana in only three months.
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.
An administrative complaint filed today by the Indiana Secretary of State’s Office alleges Stifel Nicolaus failed to disclose
risks associated with the sale of auction-rate securities to 141 Hoosiers who invested $54.9 million.
Charter Homes owner Jerry J. Jaquess has been sentenced to two-and-a-half years in prison and ordered to pay restitution of
$825,000 for his role in a $20 million mortgage fraud scheme.
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.
A man admits embezzling about $4.2 million in perpetual-care trust funds from a Michigan cemetery operated by his Indianapolis-based
company.
Bren Simon likely will inherit at least one-third of her billionaire husband’s fortune and potentially much more,
wealth managers speculate, based on the legal and tax issues involved in such a large estate.
A decision by a federal judge in Indianapolis to turn back a patent challenge to Eli Lilly and Co.’s Evista marks a major
victory for the company, says an analyst who closely follows the pharmaceutical industry.
