Indianapolis businessman Paul Skjodt said today he is resigning from the board of National Lampoon Inc., a move that follows the Monday arrest of its CEO on charges of securities fraud. In a statement, Skjodt said he was stepping aside “to better focus on my other business interests.” Skjodt, owner of the Indiana Ice, teamed […]
A Boston firm today canceled a tentative agreement to finance National Lampoon Inc. films, a move that follows the arrest yesterday of the Los Angeles company’s CEO on charges he fraudulently manipulated the company’s stock. Envit Capital CEO Edward Laborio said in a statement that he is terminating an October agreement to provide funding for […]
National Lampoon Inc. CEO Dan Laikin was arrested at his southern California home this morning, the same day criminal and civil investigators unveiled charges that he participated in a scheme to fraudulently manipulate the company’s stock. The U.S. Attorney’s Office in Philadelphia announced that a grand jury had indicted Laikin, 46, on felony counts of […]
The Securities and Exchange Commission today filed a civil lawsuit charging that Dan Laikin, an Indianapolis businessman before taking the helm of Los Angeles-based National Lampoon Inc. in 2005, participated in a scheme to fraudulently manipulate the company’s stock. Laikin, 46, is one of four defendants in the suit, which was filed in federal court […]
What started as a dispute over a pair of digital billboards in Lawrence has evolved into a battle with broad implications
for Marion County.
EXECUTIVE COMPENSATION Total ’07 Salary Stock and All other compensation Bonus option grants (1) pay (2) % change (3) Paul E. Hassler $785,875 $323,687 $257,023 $205,165 118% CEO, president $0 Andy L. Nemeth $602,789 $204,451 $257,023 $141,315 156% CFO, secretary, treasurer $0 Todd M. Cleveland $412,748 $246,565 $0 $166,183 N/A Chief operating officer $0 Gregory […]
DIRECTORS Walter E. Wells, 69 Andy L. Nemeth, 39 Occupation: Retired president and CEO of Occupation: Chief financial officer of the Schult Homes Corp. company Number of common shares: 27,067 Number of common shares: 47,478 Previous year: 18,000 Previous year: 17,113 John H. McDermott, 76 Robert C. Timmins, 86 Occupation: Counsel for McDermott Will & […]
The Indianapolis Star, the state’s largest daily newspaper, has scaled back its roster
of critics in recent years — a reduction in coverage that put the onus on local arts promoters to get the word out through
other channels, such as blogs.
Afater the sudden death of Michael Schupay, the respected and dedicated Ice team president, the Indiana hockey team is striving
to honor his memory.
Ball State University’s nationally recognized Entrepreneurship Center has its third director in four years. The Entrepreneurship Center yesterday named Michael Goldsby the Stoops distinguished professor of entrepreneurship. Goldsby, who had been interim director since Larry Cox left this summer for a faculty position at Pepperdine University, will be the center’s permanent director. The center was […]
Indy Racing League team owner and driver Sarah Fisher will step away from her office at her race shop to guest co-host the Smiley Morning Radio Show on WZPL-FM 99.5 along with Dave…
Marian College wants to take over operation of the Major Taylor Velodrome from Indy Parks and make the facility a hub for
alternative transportation and Midwestern cycling.
Three key promoters of the Indiana motorsports industry have formed a company to launch a new trade show in Indianapolis next year. The threesome – Indiana Motorsports Association Executive Director Tom Weisenbach, local auto and truck dealer Jeff Stoops and C&R Racing Inc. owner Chris Paulson – hope the new show will fill part of […]
The Indy Racing League suddenly finds itself at odds with Midwestern farmers over a decision to make a Brazilian consortium
its ethanol supplier starting next year.
DIRECTORS R. David Hoover, 62 Occupation: Chairman, president and CEO of Ball Corp. Other directorships: Energizer Holdings Inc., Qwest Communications International Inc. Number of common shares: 37,739 Previous year: 18,252 William I. Miller, 51 Occupation: Chairman and CEO of the company Other directorships: Cummins Inc. Number of common shares: 11,376,366 Previous year: 11,275,295 Dayton Molendorp, […]
Young & Laramore is making what it says are “significant” staff cuts in the wake of losing the Steak n Shake account.
Young & Laramore is making what it says are “significant” staff cuts in the wake of losing the Steak n Shake account. Though Y&L CEO Paul Knapp declined to say how many of the firm’s 66 employees have been or would be terminated, industry sources pegged the number at about 20. After 18 years with […]
Slowing auto sales have forced Carmel-based Automotive Finance Corp., which lends money to car dealers to buy used vehicles
at auction, to take a big write-off on the declining value of its loan portfolio.
LOAN APPROVALS SBA loans SBA loan guarantees for the month of October. These businesses have received loans from financial institutions with a guarantee from the SBA. Not all funds are disbursed immediately. Furthermore, some approved loans are subsequently canceled. 2 Indy Monkeys LLC, 5661 E. 86th St., Indianapolis, $300,000 from National City Bank. Ambrose Property […]
A rural Indiana bank that specializes in farm lending has agreed to buy Symphony Bank for less than the ambitious startup
spent to build its extravagant branch on 96th Street.
