Articles

Feds sue ITT Educational over loan practices

ITT Educational Services Inc. is being sued by the U.S. Consumer Financial Protection Bureau over allegations the for-profit college chain engaged in predatory lending by pushing students into loans likely to end in default.

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Jury acquits music venue manager in 2009 fire

A Brown County jury on Friday acquitted James Bowyer of Morgantown on all charges in his arson trial. He was accused of setting the fire that destroyed the Little Nashville Opry in September 2009.

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Pain mounts for Telamon after reporting $5M theft

The Carmel company complains that its  insurers “denied all coverage for the theft-fraud loss under both policies on the grounds that the individual leased to Telamon was an ‘employee’ of Telamon, and simultaneously was not an ‘employee’ of Telamon.”

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Biglari’s Steak n Shake licensing deal stirs up critics

Under the 20-year deal, Sardar Biglari won’t receive royalties if he remains atop the company. But if he were forced out of for anything but malfeasance, or if it were sold, he’d receive 2.5 percent of sales for five years—a sum that could surpass $100 million.

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