March 15, 2013
Scott OlsonA federal judge granted Peoples Bank a victory Thursday by ruling that it can sue Stifel Nicolaus & Co. on its claims that
the broker violated the Indiana Securities Act and committed fraud.
More
December 27, 2012
Dan HumanAttorneys for Dana Hurst say in a Dec. 20 court filing that David A. Noyes & Co. didn't grant her pay increases or year-end
bonuses during her last 15 years on the job, while male counterparts were better rewarded.
More
December 26, 2012

The state's labor landscape changed, and the housing market improved. Indianapolis basked in the glow of
a flawless Super Bowl, and big-name CEOs were shown the door.
IBJ's reporters and editors recall the year's
biggest stories.
More
October 27, 2012
Chris O'MalleyLegacy Travel Club finds believer after months of fruitless fundraising locally.
More
June 29, 2012
Associated PressSecretary of State Connie Lawson said the new provisions will help her office provide better protection to investors.
More
June 13, 2012
IBJ StaffThe Indiana Securities Division has finalized a settlement with financial-services firm E-Trade following accusations that
the company misled Hoosier investors about the safety of auction-rate securities, Secretary of State Connie Lawson said Wednesday.
More
May 19, 2012
Sam StallCity Securities co-chairman still dispenses wisdom accumulated over a career touching on everything from baseball to folding
doors.
More
March 23, 2012
Scott OlsonKeenan Hauke of Fishers, who pleaded guilty to securities fraud in December after costing hedge fund clients $7 million, received
a 10-year federal prison sentence Friday morning.
More
March 13, 2012
David Karandos, a broker who advised the Indiana State Teachers Association Insurance Trust before it collapsed in 2009, has
reached a settlement. Karandos agreed to a 75-day suspension from working in the securities industry and may pay up to $50,000
in restitution.
More
December 14, 2011
Greg AndrewsProsecutors allege Fishers investment manager Keenan Hauke hid losses for seven years by shifting assets among accounts and
using new investors’ money to fund withdrawals.
More
October 15, 2011
IBJ StaffThe federal Dodd-Frank act shifts firms from Securities and Exchange Commission oversight.
More
September 2, 2011
Mason King
What does the CEO of City Securities Corp. say when shell-shocked investors want to sell? Does the recent market slide
point to a return of 2008? Where are the opportunities? Michael Bosway has answers.
More
August 24, 2011
Raymond James has agreed to return $31.2 million to Indiana investors by repurchasing some auction rate securities. The firm
also will pay fines totaling $63,000.
More
August 20, 2011
Greg AndrewsFishers investment manager Keenan Hauke suffered massive losses in his hedge fund seven years ago. Then, rather than fess
up, he generated fake account statements for clients that showed money they didn’t really have and returns they hadn’t
earned, state investigators allege.
More
August 8, 2011
IBJ Staff and Associated PressStock prices of the dozen largest public companies in the Indianapolis area all tumbled Monday morning as a Standard &
Poor’s downgrade of U.S. debt spooked investors worldwide.
More
August 6, 2011
It seems perfectly logical that you want to invest with a manager or fund where the manager has a significant amount invested
alongside you.
More
January 22, 2011
IBJ StaffC.H. Douglas & Gray will relocate to 71st & College building previously owned by PNC Bank.
More
January 10, 2011
J.K. WallThe Peoples State Bank of Ellettsville says it was duped three years ago into investing more than $13 million into auction-rate
securities just before those markets froze up. Now it's suing its broker, Stifel Nicolaus & Co., to get the money back.
More
January 1, 2011
Sam BrattainBooming growth, rising middle classes are attracting investors.
More
December 11, 2010
Ken SkarbeckMany investment firms, hedge funds and mutual funds participate in this less-than-desirable industry practice.
More
November 20, 2010
Norm HeikensAt 78, L. Gene Tanner is one of the longest-serving investment advisers working in Indianapolis. Tanner spoke with IBJ's
Norm Heikens about why he shifted to City Securities, his brush with convicted Ponzi scheme operator Bernard Madoff, and how
his investment strategy has changed.
More
November 20, 2010
Marc D. AllanExperts are split over whether runup in precious metal is a classic bubble.
More
November 20, 2010
Douglas PrinceThe device is projected to save Prince Group office at Stifel Nicolaus & Co. more than $3,000 in paper alone.
More
October 2, 2010
Ken SkarbeckTrue professional short sellers are typically intelligent, above-board investors who often alert the markets and investors
to overvalued securities and, in some cases, to fraud.
More
September 18, 2010
Norm HeikensGrant will give Indiana University undergrads a shot at managing real money.
More
"And the success of the Indiana GOP to not allow an expansion of Medicaid had nothing to do with Indiana hospitals' financial woes? Fixed that for you; editorial bias rebalanced. Seriously, there are so many things wrong with Obamacare that the only way one can view it as a success is to assume that it was designed to fail our way into a government single payor healthcare system. The system is complex, creates huge regulatory burdens and overhead and yet still does not have adequate means to control escalating health care costs. But then when you elect a 10th grade math drop out with no quantitative reasoning skills to be President of one of the world's most important economies in troubled times, you can't really be surprised by blatant stupidity.
No NIMBYs here to chase off a decent development. We don't need tons of parking and we'd happily play the role of host to a downtown Whole Foods.
Whatever you do, don't change a single thing about Broad Ripple. I want it to look just like it did in the late '70s, with 30% of the north side of Broad Ripple Avenue burned out and plenty of places to park. That's right Broad Ripple, NEVER CHANGE. Let the world pass you by, don't improve your empty, abandoned lots full of weeds. Someday someone will want to film a zombie movie here.
Hollywood could step in and make a movie about the history about this forlorn series. It could be a full celebrity cast of characters. WOW. http://www.advanceindiana.blogspot.com/2013/02/indiana-taxpayers-forced-to-pay-for.html
This shouldn't come as a shock to many. Austin is a great city, and Indy needs to take some notes. Austin invests in decent transit options, has a highly educated workforce, embraces a creative class, and --despite being the state capital-- is not micromanaged by rural and suburban legislators. Want Indy to grow? Invest in the city (i.e. spend money). Raise taxes a bit, and use the money to improve education. And keep the state legislature out of Indy the other 9 months of the year.