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Articles

Judge rejects Fair Finance attorneys’ fee request

July 26, 2012

The compensation plan submitted by Cleveland-based Baker & Hostetler LLP could have netted the law firm $32.5 million if it recovered the entire $200 million or more owed to investors of Fair Finance, which was owned by convicted Indianapolis financier Tim Durham.

Life Sciences Power Breakfast – transcript

July 26, 2012

Life sciences leaders discuss topics ranging from accomplishments to initial public offerings and the nature of innovation at the July 25 event.

People in the news – July 23, 2012

July 19, 2012

People listings are free.

Ballard moves to shut down The Project School

July 17, 2012

Indianapolis Mayor Greg Ballard announced Tuesday evening that he intends to revoke the charter that gives The Project School the authority to operate. Ballard cited poor test scores and “recently discovered financial problems.”

KRUGMAN: Ongoing questions on Mitt’s gray areas

July 10, 2012

What a man does with his money is surely a major clue to his character.

Durham, 1 partner to be jailed until sentencing

June 25, 2012

A federal judge has ordered an Indiana financier and a business partner jailed until they are sentenced for swindling investors out of $200 million.

Judge orders Durham, Cochran jailed until sentencing

June 25, 2012

Convicted Ponzi schemers Tim Durham and James Cochran will be held in a federal prison until sentencing, while accomplice Rick Snow will be confined under home detention, under an order issued Monday afternoon by U.S. District Judge Jane E. Magnus-Stinson.

IBJ collects 9 print, online journalism awards

June 25, 2012

IBJ’s awards included a gold for the Health Care & Reform newsletter and a bronze for best website.

Durham, Fair Finance partners face detention hearing

June 25, 2012

A federal judge will hear evidence on whether Tim Durham, Jim Cochran and Rick Snow should be kept in jail until they are sentenced.

Outlook improves for Fair Finance investors

June 21, 2012

A New York firm is contacting Fair Finance Co. investors seeking to purchase their bankruptcy claims—a sign of growing optimism that investors in the defunct business will secure a sizable recovery.

MAURER: Movie quotes with modern meanings

June 21, 2012

I Googled the American Film Institute’s list of 100 favorite movie quotes and discovered that many of these quotes are still relevant provided we just replace the speakers.

Durham attorney vows to appeal guilty verdict

June 21, 2012

An attorney for convicted fraud mastermind Tim Durham vowed Thursday to appeal the case to the U.S. Supreme Court if necessary to prove his client did nothing wrong.

Durham found guilty on all counts

June 20, 2012

U.S. Attorney Joseph Hogsett hailed the jury's decision, calling the case "the most significant piece of litigation the Southern District has seen in a generation." Tim Durham and co-defendants Jim Cochran and Rick Snow were handcuffed and taken to the Marion County Jail.

Jury begins deliberations in Durham fraud trial

June 20, 2012

The jury began deliberations Wednesday morning in the federal fraud trial of financier Tim Durham and two co-defendants.

Durham trial closing arguments provide clashing accounts

June 20, 2012

The prosecution described Tim Durham as "the mastermind" of a Ponzi scheme, while partner Jim Cochran acted as the front man who lied "to people's faces," and Chief Financial Officer Rick Snow served as the "backroom numbers guy."

Defense rests in Durham trial without defendants testifying

June 19, 2012

Defense attorneys in the federal fraud trial of Fair Finance executives Tim Durham, Jim Cochran and Rick Snow rested their cases Tuesday morning after calling just one witness and introducing a handful of exhibits.

Prosecution rests after testimony from Fair Finance trustee

June 18, 2012

Attorneys for Tim Durham and his co-defendants are expected to start their defense Tuesday morning and wrap it up in the afternoon. The jury is expected to begin deliberations Wednesday.

Peyton might not have built LOS, but he certainly filled it

June 18, 2012

In the wake of a 2-14 season and the departure of Peyton Manning, the Colts have hired an outside sales firm and six summer interns to bolster season ticket sales. Meeting last year's home attendance mark will be a challenge.

Durham prosecutors wrap case with details on asset transfer

June 18, 2012

In the weeks before an FBI raid shut down Fair Finance Co., top company executives led by Indianapolis financier Tim Durham devised a last-ditch maneuver they hoped would persuade Ohio regulators to allow them to keep selling investment certificates.

AUDIO: Wiretaps capture Durham, co-defendants scrambling

June 15, 2012

Durham wiretap audio video iconA series of government-recorded phone calls have provided some of the most riveting courtroom moments during the fraud trial of Tim Durham and two co-defendants.

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