Jim Burkhart, who was fired this fall after the FBI raided his home and American Senior Communities' offices, holds agreements under which he could acquire 63 nursing homes managed by his former employer.
New York-based Ann Taylor has provided nearly 30,000 pages of documents in response to discovery requests related to why it signed a lease in 2006 to open a Loft store in a competitor's shopping center, only to reverse itself two years later and instead open at Simon Property Group's nearby University Park Mall.
Investors will receive about $3.2 million of the $9.7 million they lost in a fraud perpetrated by Keenan Hauke, a former Fishers hedge fund manager. He's in prison after admitting to hiding massive losses by creating fake account statements.
The Eli Lilly Federal Credit lost a bundle on loans to ITT Technical Institute students a few years ago. Now the credit union, which adopted the Elements Financial moniker two years ago, may get hit with a lawsuit from the bankruptcy trustee for the now-defunct for-profit school operator.
About 40,000 college football and basketball players won't have submit a claim form to receive a portion of the $208.7 million the Indianapolis-based NCAA will pay to settle a federal class-action lawsuit.
The former head of a Massachusetts pharmacy was convicted Wednesday of racketeering and other charges over a meningitis outbreak that killed 64 people across the country. Indiana was among the states hit hardest.
A federal lawsuit filed by principal bassoonist John Wetherill accuses Music Director Krzysztof Urbanski and Indianapolis Symphony Orchestra managers of trying to push out musicians older than 40 to replace them with younger and lower-paid performers.
CIB attorneys had sought to block the IRS from deposing former presidents Pat Early, Bob Grand and Ann Lathrop in a legal dispute stemming from a 2009 deal that transferred full ownership of the Indiana Pacers to Herb Simon.
The Justice Department is preparing to announce charges against four defendants, including two Russian security services officers, in a data breach that affected at least a half-billion user accounts, according to a federal law enforcement official.
In a setback for gay rights advocates hoping for an expansion of workplace discrimination protections, a federal appeals court has ruled that employers aren't prohibited from discriminating against employees because of sexual orientation.