Settlement

Angie's List to pay $2.8M in membership-fee settlement

September 23, 2014
Mason King
The settlement stems from a 2012 lawsuit alleging that the consumer-reviews firm renewed members at a higher rate than they were led to believe.
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Indiana settles DCS adoption suit for $15 million

September 18, 2014
Associated Press
The state will pay $15.1 million to about 1,800 families who adopted special needs children. The settlement was filed in LaPorte Superior Court on Thursday afternoon and still needs court approval.
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Remy to spend $32M to settle patent lawsuit

September 12, 2014
Jeff Newman
Pendleton-based Remy International Inc. has agreed to pay $32 million to settle a patent lawsuit with an Italian manufacturer that was filed in 2008, the company announced late Thursday.
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Deal may be near in Indiana stage collapse suit

September 9, 2014
Associated Press
A lawsuit filed by victims of the 2011 Indiana State Fair stage collapse appears to be nearing a settlement, more than three years after the fatal accident that killed seven people and injured more than 40.
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Taxi drivers settle with Speedway over confiscated licenses

September 5, 2014
Scott Olson
Under the agreement, drivers who had their licenses taken by police on the day of the 2013 Indianapolis 500 will receive a payment and assurances that the town won't take similar action on race days.
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Residents of Packard condos settle suit with developer

August 21, 2014
Cory Schouten
Residents of downtown's The Packard condominiums have settled a two-year-old lawsuit with developer Kosene & Kosene Residential.
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Hauke accounting firm to pay $1.8M in fraud settlement

July 22, 2014
Jeff Newman
DeWitt & Shrader PC, an Indianapolis-based accounting firm that worked for convicted Ponzi schemer Keenan Hauke, has agreed to settle a state lawsuit, Indiana Secretary of State Connie Lawson announced Tuesday.
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EA Sports to settle with NCAA athletes for $40 million

June 2, 2014
Associated Press
The settlement is with Electronic Arts and Collegiate Licensing Co., which licenses and markets college sports, and does not include the NCAA. A separate case against the Indianapolis-based NCAA is scheduled for trial early next year.
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Settlement seeks $100M fund for meningitis victims

May 7, 2014
Associated Press
A settlement filed with a federal bankruptcy judge would create a fund of more than $100 million to compensate victims of a nationwide meningitis outbreak linked to a Massachusetts pharmacy, lawyers said Tuesday. The outbreak sickened dozens in Indiana and killed at least 10.
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Attorney sues hundreds over use of Indy skyline photo

April 9, 2014
Indiana Lawyer Staff, Dave Stafford
Attorney Richard Bell says he has found about 300 people using a photo on their websites that he took back in 2000. His aggressive litigation against them raises vital questions about fair use and theft in the Internet age.
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Company fined $50K for Indiana State Fair collapse

March 31, 2014
Associated Press
The company that owned the stage involved in the deadly 2011 Indiana State Fair rigging collapse has agreed to pay a $50,000 fine for safety violations.
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U.S. agrees to $1.2B settlement with Toyota

March 19, 2014
Associated Press
U.S. Attorney General Eric Holder said it is the largest financial penalty of its kind ever imposed on an auto company.
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Angie's List earmarks $4M for lawsuit settlement

February 19, 2014
Chris O'Malley
The Indy-based consumer reviews firm has set aside $4 million to settle a lawsuit alleging Angie's List automatically renewed membership fees at a higher rate than members were led to believe.
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Biomet reaches $50M settlement in hip-replacement case

February 7, 2014
Associated Press
Indiana-based Biomet Inc. has agreed to pay a base rate of $200,000 each to hundreds of people who received artificial hips that were later replaced.
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Local restaurant owners settle case of pizzeria plagiarism

December 10, 2013
Dan Human
Napolese pizzeria and Crust Pizzeria Napoletana have quietly reached an agreement outside of court. Napolese owner Martha Hoover filed an intellectual property lawsuit against Crust owner Mohey Osman in October.
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Local law firm reaps $6.3M in fees from BMV class-action suit

November 20, 2013
Scott Olson
Cohen & Malad LLP's fee represents 21 percent of the $30 million awarded to Hoosier motorists as part of a settlement approved by a Marion Superior Court judge Nov. 12. The BMV was accused of overcharging for driver's licenses.
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J&J to pay $2.5B to settle hip replacement suits

November 19, 2013
Associated Press
The agreement is one of the largest ever for the medical device industry. It resolves an estimated 8,000 cases of patients who had to have the company's metal ball-and-socket hip implant removed or replaced. The implants were made by J&J's Indiana-based DePuy unit.
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Local businessman agrees to settle trustee claims

November 13, 2013
Scott Olson
Stephen Blaising said in a recent court filing that he will pay $125,000 to satisfy a lawsuit brought by the bankruptcy trustee representing investors in an Ohio company led by Tim Durham.
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District, ex-superintendent settle court fight over $1M payout

October 15, 2013
 IBJ Staff and Associated Press
The Metropolitan School District of Wayne Township settled with former superintendent Terry Thompson, with neither side paying the other anything, according to Thompson's attorney.
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NFL seeks $765M settlement over concussion lawsuits

August 29, 2013
Associated Press
The NFL and more than 4,500 former players want to resolve concussion-related lawsuits with a $765 million settlement that would fund medical exams, concussion-related compensation and medical research, a federal judge said Thursday.
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Teachers union could pay $14M to schools under settlement

August 13, 2013
J.K. Wall
Funds would cover about half of the money the ISTA Insurance Trust claimed was being held in reserve on behalf of school employees in its health insurance plan.
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Celadon to pay $18.5M settlement over fatal crash

August 2, 2013
Jeff Newman
The Indianapolis-based trucking firm has agreed to pay $18.5 million to the families of two men who died in a multiple-vehicle accident involving a Celadon truck driver in northwest Indiana in February 2011.
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Carmel firm settles discrimination lawsuit for $90K

July 11, 2013
Mason King
A Carmel-based power-grid operator has agreed to pay $90,500 to settle a disability discrimination lawsuit involving an employee who allegedly suffered from postpartum depression.
More

BP settles class-action suit over tainted gasoline

July 1, 2013
Associated Press
The oil giant has agreed to a $7 million settlement related to a recall of about 4.7 million gallons of tainted gasoline in four Midwestern states, including Indiana.
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National mortgage settlement checks in the mail

June 4, 2013
Associated Press
Indiana Attorney General Greg Zoeller says checks totaling more than $26 million will be mailed to more than 18,000 Indiana consumers this month containing shares of the National Mortgage Settlement.
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  1. Cramer agrees...says don't buy it and sell it if you own it! Their "pay to play" cost is this issue. As long as they charge customers, they never will attain the critical mass needed to be a successful on company...Jim Cramer quote.

  2. My responses to some of the comments would include the following: 1. Our offer which included the forgiveness of debt (this is an immediate forgiveness and is not "spread over many years")represents debt that due to a reduction of interest rates in the economy arguably represents consideration together with the cash component of our offer that exceeds the $2.1 million apparently offered by another party. 2. The previous $2.1 million cash offer that was turned down by the CRC would have netted the CRC substantially less than $2.1 million. As a result even in hindsight the CRC was wise in turning down that offer. 3. With regard to "concerned Carmelite's" discussion of the previous financing Pedcor gave up $16.5 million in City debt in addition to the conveyance of the garage (appraised at $13 million)in exchange for the $22.5 million cash and debt obligations. The local media never discussed the $16.5 million in debt that we gave up which would show that we gave $29.5 million in value for the $23.5 million. 4.Pedcor would have been much happier if Brian was still operating his Deli and only made this offer as we believe that we can redevelop the building into something that will be better for the City and City Center where both Pedcor the citizens of Carmel have a large investment. Bruce Cordingley, President, Pedcor

  3. I've been looking for news on Corner Bakery, too, but there doesn't seem to be any info out there. I prefer them over Panera and Paradise so can't wait to see where they'll be!

  4. WGN actually is two channels: 1. WGN Chicago, seen only in Chicago (and parts of Canada) - this station is one of the flagship CW affiliates. 2. WGN America - a nationwide cable channel that doesn't carry any CW programming, and doesn't have local affiliates. (In addition, as WGN is owned by Tribune, just like WTTV, WTTK, and WXIN, I can't imagine they would do anything to help WISH.) In Indianapolis, CW programming is already seen on WTTV 4 and WTTK 29, and when CBS takes over those stations' main channels, the CW will move to a sub channel, such as 4.2 or 4.3 and 29.2 or 29.3. TBS is only a cable channel these days and does not affiliate with local stations. WISH could move the MyNetwork affiliation from WNDY 23 to WISH 8, but I am beginning to think they may prefer to put together their own lineup of syndicated programming instead. While much of it would be "reruns" from broadcast or cable, that's pretty much what the MyNetwork does these days anyway. So since WISH has the choice, they may want to customize their lineup by choosing programs that they feel will garner better ratings in this market.

  5. The Pedcor debt is from the CRC paying ~$23M for the Pedcor's parking garage at City Center that is apprased at $13M. Why did we pay over the top money for a private businesses parking? What did we get out of it? Pedcor got free parking for their apartment and business tenants. Pedcor now gets another building for free that taxpayers have ~$3M tied up in. This is NOT a win win for taxpayers. It is just a win for Pedcor who contributes heavily to the Friends of Jim Brainard. The campaign reports are on the Hamilton County website. http://www2.hamiltoncounty.in.gov/publicdocs/Campaign%20Finance%20Images/defaultfiles.asp?ARG1=Campaign Finance Images&ARG2=/Brainard, Jim

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