Lawsuits

Class-action suit seeks millions for Fair Finance investors

December 4, 2009
Greg Andrews
Attorneys on Friday afternoon filed a class-action lawsuit seeking to rescind $200 million in investor purchases of Fair Finance Co. securities and to slap Tim Durham and other company insiders with millions of dollars in punitive damages.
More

State sues teachers' union for securities fraud

December 2, 2009
J.K. Wall
The Indiana Secretary of State's securities division says Indiana State Teachers Association can't account for $23 million intended for school districts, requests assets be frozen.
More

Symons and family ordered to pay $34.2 million in fraud case

December 1, 2009
Scott Olson
A high-profile businessman and the Indianapolis companies he operated with family members have been ordered by a federal judge to pay $34.2 million relating to the fraudulent transfer of assets in a business sale.
More

Former Huntington National Bank exec alleges age discriminationRestricted Content

November 28, 2009
Peter Schnitzler
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.
More

Troubled homebuilder's funds frozen after failing to pay judgment

November 24, 2009
Scott Olson
A Marion County judge has frozen certain Hansen & Horn Group Inc. funds after the Indianapolis homebuilder failed to pay a $183,000 legal judgment. The move sheds light on the severity of the company’s woes.
More

Inlow estate decision reversed by high court

November 18, 2009
Jennifer Nelson / The Indiana Lawyer
The Indiana Supreme Court on Wednesday delivered some good news to the widow of former Conseco Inc. Chief Counsel Lawrence Inlow, reversing a lower court’s order that she pay his estate $284,034 for funeral expenses.
More

Lilly to pay Utah $24 million to settle Zyprexa suit

November 11, 2009
Eli Lilly and Co. has agreed to pay Utah $24 million to settle a lawsuit claiming the company improperly marketed the antipsychotic drug Zyprexa.
More

Failed Charlotte skyscraper brings Indianapolis developer back to earth

November 7, 2009
Greg Andrews
The Flaherty & Collins project—dubbed 210 Trade—would have been the tallest residential building in the Carolinas, with more floors than any building in the region except the Charlotte headquarters of Bank of America Corp.
More

Anderson gas-station chain sues BP after 32-store deal sours

October 31, 2009
Peter Schnitzler
Ricker Oil's Oct. 22 suit claims British petroleum giant BP is charging unjustified royalty fees while delivering no boost from its national advertising, its proprietary IT system or its bulk purchase pricing.
More

Concrete firm agrees to pay $29M in price-fixing case

October 27, 2009
 IBJ Staff and Associated Press
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.
More

Related-party loans pile up at Durham-owned finance firm

October 24, 2009
Greg Andrews
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.
More

Lilly settles Zyprexa case with S. Carolina for $45M

October 23, 2009
 IBJ Staff and Associated Press
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.
More

'Godfather' game-maker sued over 'Dillinger Tommy Gun'

October 10, 2009
 IBJ Staff
The Mooresville-based company that owns John Dillinger’s publicity rights has made an “offer” of sorts that the Godfather can’t refuse.
More

Lilly settles Zyprexa suit with S. Carolina

October 7, 2009
 IBJ Staff
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.
More

London hedge fund sues Brightpoint over failed acquisition

September 30, 2009
Peter Schnitzler
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.
More

Developer Broadbent sues banks after they tighten credit line

September 19, 2009
Peter Schnitzler
Locally based Broadbent Co., one of the city’s biggest retail developers, has sued two of its banks, charging they’re wrongly attempting to restrict its access to a $50 million credit line.
More

Ex-workers sue Navistar, charge plant closing violated contractRestricted Content

September 5, 2009
Peter Schnitzler
Forty-three former employees of Navistar Inc.’s shuttered diesel engine plant have sued the company, claiming it breached their collective bargaining agreement by moving plant work in recent years to non-union facilities.
More

Developer Lauth's bankrupt units win round in courtRestricted Content

September 5, 2009
Cory Schouten
Lauth Group Inc. in recent weeks has won critical courtroom victories that likely will allow company principals to retain control of three subsidiaries in Chapter 11 bankruptcy.
More

Noble Roman's wins latest round in fight with franchiseesRestricted Content

August 29, 2009
Cory Schouten
A group of former franchisees of Noble Roman’s Inc. has hired a new attorney to represent them in a case against the chain after a Hamilton County judge tossed their old lawyer.
More

First Indiana deals stemmed from broader probe

August 25, 2009
Greg Andrews
The insider-trading settlements announced by the Securities and Exchange Commission this week were an outgrowth of a broader inquiry into trading in First Indiana Corp. by dozens of people before its sale two years ago, according to a former director of the bank.
More

Penrod Society sues ex-treasurer for $380,000

August 3, 2009
Kathleen McLaughlin
The Penrod Society has filed a lawsuit against former treasurer Brandon Benker, seeking to recover more than $380,000 it alleges he embezzled last year.
More

Penrod Society sues ex-treasurer for $380,000

August 3, 2009
Kathleen McLaughlin
The Penrod Society has filed a lawsuit against former treasurer Brandon Benker, seeking to recover more than $380,000 it alleges he embezzled last year.
More

Hilbert in-law's life insurance dispute takes odd turn

July 13, 2009
Peter Schnitzler
Local businessman J.B. Carlson contends the $15 million life insurance policy he took out on Stephen Hilbert’s mother-in-law was legitimate, because she served on his firm’s board and was a key decision-maker. The mother-in-law, Germaine “Suzy” Tomlinson, died at age 74 last September—just 32 months after the policy was issued.
More

Franklin College sues like-named competitor over marketing push

July 6, 2009
J.K. Wall
Franklin College filed a lawsuit today alleging trademark infringement against Ohio-based Franklin University, which will open a campus in Castleton this fall. The liberal arts college south of Indianapolis said the newcomer's marketing blitz has been too close to Franklin College’s own branding.

More

Carson vs. Chrysler, round oneRestricted Content

July 6, 2009
 IBJ Staff
U.S. Rep. Andre Carson, D-Indianapolis, is taking on General Motors Corp. and Chrysler Corp. in the name of crash victims.
More
Page  << 21 22 23 24 25 26 27 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. I could be wrong, but I don't think Butler views the new dorm as mere replacements for Schwitzer and or Ross.

  2. An increase of only 5% is awesome compared to what most consumers face or used to face before passage of the ACA. Imagine if the Medicaid program had been expanded to the 400k Hoosiers that would be eligible, the savings would have been substantial to the state and other policy holders. The GOP predictions of plan death spirals, astronomical premium hikes and shortages of care are all bunk. Hopefully voters are paying attention. The Affordable Care Act (a.k.a Obamacare), where fully implemented, has dramatically reduced the number of uninsured and helped contained the growth in healthcare costs.

  3. So much for competition lowering costs.

  4. As I understand the proposal, Keystone would take on the debt, not the city/CRC. So the $104K would not be used to service the $3.8M bond. Keystone would do that with its share.

  5. Adam C, if anything in Carmel is "packed in like sardines", you'll have to show me where you shop for groceries. Based on 2014 population estimates, Carmel has around 85,000 people spread across about 48 square miles, which puts its density at well below 1800 persons/sq mi, which is well below Indianapolis (already a very low-density city). Noblesville is minimally less dense than Carmel as well. The initiatives over the last few years have taken what was previously a provincial crossroads with no real identity beyond lack of poverty (and the predictably above-average school system) and turned it into a place with a discernible look, feel, and a center. Seriously, if you think Carmel is crowded, couldn't you opt to live in the remaining 95% of Indiana that still has an ultra-low density development pattern? Moreover, if you see Carmel as "over-saturated" have you ever been to Chicago--or just about any city outside of Indiana?

ADVERTISEMENT