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Families sue to recover lost investments

A central Indiana county commissioner, his wife and members of three other families who lost more than $700,000 they invested in businesses state officials say were shell companies are suing two men accused of orchestrating the scheme.

Indy mayor asks Indiana for control of 4 schools

The mayor of Indianapolis is asking the Indiana State Board of Education to give him control of four former city schools taken over by the state because of poor performance.

Barnes & Thornburg’s longtime chief gives suitors cold shoulder

Alan Levin has been managing partner of Barnes & Thornburg LLP for 16 years, far longer than the heads of most major Indianapolis law firms. But what most sets him apart is that he’s built his firm into a national practice by taking the maverick approach of going it alone instead of merging with an out-of-state rival.

Arrival of NBA jersey ads likely to net Pacers millions

The NBA is on the verge of allowing advertising on player jerseys, a potential source of revenue long resisted by major U.S. sports leagues. The question now is how much money the move will generate for small-market teams like the Indiana Pacers.

Health care startups hungry for funds

Frustrated by up-and-down state funding for startup life sciences companies, industry leaders are talking up a plan to create a dedicated funding stream that could total $30 million a year.

Law firm adds pharmacy practice

Hall Render Killian Heath & Lyman will draw on existing expertise within the firm to create the 10-member group.

Digital billboards gaining local support

Clear Channel Outdoor, which owns most of the billboards within city limits, has lined up two city-county councilors to sponsor a bill that would loosen a decade-old ban on digital billboards.

Jury selected in Marsh civil trial

Don Marsh, the former supermarket-chain CEO, went on trial in civil court Monday morning over millions of dollars in expenses he charged to the company. Proceedings got underway with attorneys selecting five men and four women for the jury before breaking for lunch.

Emmis executive a technology pioneer

Paul Brenner, chief technology officer for Emmis Communications Corp., is largely credited with pioneering two recent technological breakthroughs that could pump badly needed revenue into the radio industry.

Former Venture employee turns on Bales in testimony

SOUTH BEND — An FBI investigation into Venture Real Estate Services and principals John Bales and Bill Spencer already had begun when Matthew Dyer signed on as the company’s controller in December 2009. Bales told him about the federal investigation during the interview process and said the company had done nothing illegal, Dyer testified Jan. […]