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.
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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.
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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.
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October 27, 2012
Chris O'MalleyLegacy Travel Club finds believer after months of fruitless fundraising locally.
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June 29, 2012
Associated PressSecretary of State Connie Lawson said the new provisions will help her office provide better protection to investors.
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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.
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May 19, 2012
Sam StallCity Securities co-chairman still dispenses wisdom accumulated over a career touching on everything from baseball to folding
doors.
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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.
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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.
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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.
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October 15, 2011
IBJ StaffThe federal Dodd-Frank act shifts firms from Securities and Exchange Commission oversight.
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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.
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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.
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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.
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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.
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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.
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January 22, 2011
IBJ StaffC.H. Douglas & Gray will relocate to 71st & College building previously owned by PNC Bank.
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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.
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January 1, 2011
Sam BrattainBooming growth, rising middle classes are attracting investors.
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December 11, 2010
Ken SkarbeckMany investment firms, hedge funds and mutual funds participate in this less-than-desirable industry practice.
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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.
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November 20, 2010
Marc D. AllanExperts are split over whether runup in precious metal is a classic bubble.
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November 20, 2010
Douglas PrinceThe device is projected to save Prince Group office at Stifel Nicolaus & Co. more than $3,000 in paper alone.
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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.
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September 18, 2010
Norm HeikensGrant will give Indiana University undergrads a shot at managing real money.
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First, the Athenaeum is going to have to get past the hurdle with the Lockerbie residents and the agreement that the parcel would be residential. Second, and in my opinion, this prime piece of property should include parking, PLUS, a black box theater(s), some market rate and affordable artist housing and a plan to renovate and reconfigure the second story theater. I would negotiate to add the DeHaan property surface parking lot into the development mix, place a one story surface parking garage on the DeHaan lot on the street level (for the Dehaan tenants use during the daytime) and add a second story to the garage that would become an addition to the current second story theater and then change the direction of the theater by moving the stage across the alley and on top of the DeHaan lot parking. You can add all the stage elements that are currently missing from the Athenaeum stage to make it more attractive for use by Ballet, Opera and traveling productions. Plus, the theater changes would probably help solve some of the soundproofing issues. Alas,it does not seem to be a part of the strategic plan to conduct a study to determine best use of the property. Seems like the current plan is a quick and easy move that ignores the property best use/potential and any strategic property planning for the effect on future generations.
I recall that MSA's pilings are still in the ground and hard to remove. It’s not likely any proposal will include significant underground construction/parking because of this. Start adding 2 floors of retail, 8 floors of parking and 5-10 floors of possible hotel, and/or 10-20 floors of residential, and you are at 30 floors already with possible expansion of all the uses. But then again I could be wrong.
Accoriding to their website there is no deadline to the Do Not Call list. What is this article referring to??
On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.
It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.