The chain's performance declined after founder Scott Wise sold it in December 2016, and in recent months it has closed four restaurants and announced plans to close a fifth.
The suit against Scott Wise alleges that two investors lost more than $1 million they had invested, due to Wise’s misleading statements and shares that were never properly registered. Wise said he didn’t mislead any investor in Scotty’s Brewhouse.
In the suit, a former business partner of Scott Wise says he was defrauded out of his $300,000 investment in the Scotty’s Brewhouse on Main Street.
Emmis CEO Jeff Smulyan tried to take his company private but fell short again, among other stories.
The sale to Pacific Restaurant Partners could grow the chain internationally to hundreds of locations over the next four years.
The deal with an Arizona-based private-equity firm could take the small Indianapolis-based chain to 200 restaurants within the next four years, including locations in Japan.
Owner Scott Wise said he’s ordered additional sexual harassment training companywide—beyond the training managers already undergo.
Owner Scott Wise said he’s ordered additional sexual harassment training companywide—beyond the training managers already undergo.
Regulations that went into effect July 1, 2014, allow Indiana businesses to solicit capital from rank-and-file Hoosiers in increments of $5,000 or less per investor. The main stipulation: Both the business and the investor(s) must be Indiana-based.
After an admittedly difficult year dealing with the fallout from the closure of two of his namesake eateries, restaurateur Scott Wise is starting 2014 with a bang. He’s finalizing a deal to move a Scotty’s Brewhouse into a prime spot along the Monon Greenway.
Local restaurateur Scott Wise hasn’t given up on Hamilton County. The Scotty’s Brewhouse founder said this week he has been evaluating potential sites for his growing family of restaurants—including a couple of options in Fishers.
The owner of the restaurants, Fishers-based MSCB, switched to the new formats after terminating its contracts with the current operator, Indianapolis-based A Pots & Pans Production.
Scott Wise, who operates nine restaurants in Indiana, plans to open two more Scotty’s Brewhouses in Indiana next year. However, his company also is losing the management contracts on two restaurants that carry the Scotty’s name.
Meet the people who tweet for Indianapolis Symphony Orchestra, AAA, Butler University and other local businesses.
Three local microbreweries—Triton Brewing Co., Bier Brewery & Taproom and Flat 12 Bierwerks—are planning
to open in the next few months in a rush inspired in part by the runaway success of homegrown Sun King Brewing Co.
Indianapolis restaurateur Scott Wise is moving forward with plans to launch Scotty’s Thr3e Wise Men Brewing Co., a microbrewery
that will produce craft beer for his eateries and the public. It will share space with another startup craft brewer.
Scott Wise has five Scotty's Brewhouse locations and
is set to debut the Scotty's Lakehouse concept Monday. Within 10 years, he'd like to have
restaurants in the Southeast and on the West Coast.
