December 14, 2012
Cory SchoutenWidow Bren Simon and her stepchildren finally managed to settle a long legal battle over the estate of mall magnate Melvin
Simon. The goal that appears to have united the survivors: Reducing Uncle Sam's take of a fortune that has swelled to nearly
$3 billion.
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December 13, 2012
Associated PressA top state attorney defended Indiana's punitive damages law Thursday against claims that it renders trials meaningless
by forcing judges to reduce awards in lawsuits without telling jurors.
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December 12, 2012
Cory SchoutenA long, contentious family battle over the $2 billion estate of the late shopping mall tycoon Melvin Simon has ended with
a confidential settlement.
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December 12, 2012
Kathleen McLaughlinSixteen current and former Indianapolis hotel workers have settled their union-backed lawsuit that alleged employment violations
by nine area hotels and Atlanta-based Hospitality Staffing Solutions, a subcontractor that employs many hotel workers.
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December 11, 2012
Associated PressMichigan lawmakers gave final approval Tuesday to right-to-work legislation, dealing a devastating and once-unthinkable defeat
to organized labor in a state that has been a cradle of the movement for generations.
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December 11, 2012
Scott OlsonThe National Fair Housing Alliance alleges in a lawsuit that four of the local apartment developer's properties violate Fair
Housing Act accessibility requirements.
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December 10, 2012
Associated PressThe Indiana Supreme Court on Monday let stand a ruling saying blood was drawn properly from an allegedly intoxicated Indianapolis
police officer after a 2010 fatal crash. But the officer's attorney said it's uncertain whether the evidence can be
introduced at trial.
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December 10, 2012
Associated PressAn attorney for Duke Energy Corp. urged the Indiana Court of Appeals on Monday to reverse a state regulatory panel's decision
blocking the company's attempt to pass onto its customers the cost of damages it incurred during a 2009 ice storm.
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December 10, 2012
Associated PressThe state Court of Appeals has dismissed The Indianapolis Star's appeal of a local judge's order requiring
it to identify a person who made anonymous comments on its website that a former chief executive of Junior Achievement of
Central Indiana contends were defamatory.
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December 7, 2012
Scott OlsonDonald R. Fair, the former owner of Fair Finance Co. who sold the business to fraudsters Tim Durham and James Cochran, agreed
to the settlement Thursday.
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December 6, 2012
Associated PressMarion County Judge Grant Hawkins said the case surrounding David Bisard had generated too much publicity for him to get a
fair trial in central Indiana.
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December 5, 2012
Associated PressAn Indiana Bureau of Motor Vehicles employee and two others have been charged with stealing cars from banks by filing fake
mechanic's liens.
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December 3, 2012
Scott OlsonLocal criminal defense lawyers who tracked the trial of Tim Durham and his accomplices say chances are slim that they would
prevail on appeal. One said Durham would have a better chance of winning the lottery.
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November 30, 2012
Greg Andrews, Scott Olson, Cory SchoutenFormer Indianapolis businessman Tim Durham was sentenced to 50 years in prison for running a Ponzi scheme that led to the
collapse of Fair Finance, costing thousands of investors $250 million. Accomplices Jim Cochran and Rick Snow received 25 years
and 10 years, respectively.
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November 30, 2012
Cory SchoutenIBJ provided ongoing updates from the courthouse where Ponzi schemer Tim Durham and two accomplices were sentenced
Friday afternoon.
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November 30, 2012
Scott OlsonA 74-year-old former nun who cares for young children to earn a living after being swindled out of her life savings and a
woman whose father lost $170,000 in proceeds from the sale of his farm testified against Tim Durham and his two fraud accomplices
Friday morning.
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November 29, 2012
Cory SchoutenConvicted Ponzi schemer Tim Durham and two accomplices will find out Friday whether they will spend the rest of their lives
in prison.
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November 28, 2012
Associated PressIndiana Gov.-elect Mike Pence announced Wednesday that Mark Ahearn would serve as his general counsel. Ahearn comes from the
Indiana Department of Transportation and previously worked for Pence and former Sen. Dan Quayle in Congress.
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November 28, 2012
Cory SchoutenA federal judge will determine whether an Anderson church can exit bankruptcy with a lighter debt load, over objections from
its bank lender, after a church scheme to profit by selling life insurance on its elderly members failed.
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November 27, 2012
Associated PressThe head of the Indiana State Police is telling lawmakers he would legalize and tax marijuana if it were up to him.
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November 27, 2012
Scott OlsonSaying their crimes were "as serious as any financial fraud crime ever committed," federal prosecutors re-emphasized Monday
their recommendation that Ponzi schemer Tim Durham and his two accomplices deserve to spend the rest of their lives in prison.
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November 27, 2012
Associated Press, Indiana Lawyer StaffThe Supreme Court, in response to an Indiana case, may make a final decision on whether to draw a legal line between work
colleagues and work managers, at least when it comes to harassment and retaliation claims.
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November 26, 2012
Scott OlsonConvicted Ponzi schemer Tim Durham is requesting a much shorter prison stay than the life sentence federal prosecutors want
him to serve. The convicted Ponzi schemer and two associates are set to be sentenced Friday.
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November 24, 2012
Greg AndrewsThe Ohio Division of Securities allowed Fair Finance to register investment certificates even after the company stopped providing
audited financials and Tim Durham drained more than $100 million from the firm through insider loans.
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November 24, 2012
Chris O'MalleyCNO Financial Group appears to have wrapped its arms around the cost of settling a trio of consumer lawsuits involving life
insurance rate hikes, but it’s not out of the woods yet.
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You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.
For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.