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PROXY CORNER: Emmis Communications Corp.

Emmis Communications Corp., One Emmis Plaza, 40 Monument Circle, Suite 700, Indianapolis, IN 46204 (www.emmis.com), is a media company that owns radio stations and magazines.

Orthopedic startups attracting big money

The Warsaw area is well-known as the home of gigantic orthopedic implant companies and their suppliers. But now a handful of startups have been able to raise nearly $25 million in equity investments despite the recession—putting a bit more fuel into a fairly stagnant entrepreneurial sector.

Jury selection set to start in Durham fraud trial

The criminal case against Tim Durham and co-defendants Jim Cochran and Rick Snow is set to begin Friday in front of federal Judge Jane Magnus-Stinson. Prospective jurors in the high-profile trial will be asked whether they can be impartial and not be influenced by what they have heard, read or seen about the case.

City reaches $1.5M settlement over death in Bisard case

The family of a motorcyclist Eric Wells, who died in 2010 after being struck by a patrol car driven by police officer David Bisard, has reached a $1.55 million settlement with the city of Indianapolis in its wrongful death lawsuit.

Suspect in drug ring arrested

Police have arrested a man accused of involvement in a suspected prescription drug ring in Boone and Hamilton counties. David Glass, 30, of Thorntown, has been charged with dealing and possessing hydrocodone. He faces four felony charges. His arrest followed a three-month investigation by the Hamilton and Boone County Drug Task Force. Officials said the investigation is ongoing and could yield more arrests.

 

Penn Station reports credit card breach

A national sandwich restaurant chain has announced dozens of its U.S. franchisees, including ones in Indiana, may have been affected by a breach that could have exposed customers’ credit card and debit card information. Penn Station Inc. said about 59 of its restaurants are potentially affected. Nine of those restaurants are in Indiana, with three in Indianapolis. Customers who used a credit card at a potentially affected restaurant in March or April should be alert for possible fraudulent charges.
 

Johnson County flood victims still reeling 4 years later

The devastating 2008 flood continues to have repercussions for victims. They are still paying off the tens of thousands of dollars they had to borrow in some cases to hang new drywall, lay down new carpeting and replace major appliances.