Indianapolis-based Goelzer Investment Management Inc. has agreed to pay $500,000 to settle SEC charges that it misled many of its clients over a period of 13 years, costing them hundreds of thousands of dollars in trading fees.
Financial terms of the agreements, announced in a written statement, were not disclosed, but the mortgages involve tens of millions of dollars in debt on retail properties spread throughout the area.
A new poll of 600 voters by Howey Politics Indiana shows 39-percent approval for Gov. Mike Pence’s proposed 10-percent tax cut. But 56 percent said they favor decriminalization of marijuana.
The Indianapolis-based trucking firm first announced plans for the driver-education center in January, but has since expanded the project and employment projections while seeking state incentives.
Fortune Industries Inc. shares on Monday jumped as much as 285 percent from Friday’s closing price. The New York Stock Exchange found the move and an intense spike in trading volume so odd that it asked the company for answers.
CEVA Logistics U.S. Inc. plans to permanently lay off nearly all of its workers at its warehouse operations in Plainfield,
resulting in the loss of more than 250 jobs.
The Music Mill, a local concert venue, restaurant and bar that has been closed down twice this year by different operators,
has new life. Local entrepreneur Ravi Chopra, 44, who owns the 6 Lounge & Restaurant downtown, announced last
night that he has purchased the Music Mill and plans to reopen it Oct. 12.
The state has frozen the assets of three Indianapolis-area businesspeople, including the owners of J.S. Marten Jewelers in Carmel, as part of a fraud investigation, the Indiana Secretary of State’s Office announced late Wednesday afternoon. The state said Dorothy Geisler-Tragardh, formerly a partner in Virginia-based clean-coal energy company Praxis Resource Partners LLC, and jewelers Jan […]