Celadon investors agree to settle class-action suit for $5.5M

The settlement, which is awaiting court approval, would resolve suits brought by several parties over financial-reporting issues that have plagued Celadon for at least four years. The plaintiffs expressed concern that the company would go bankrupt before any recovery could be made.

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Preliminary OK given to $208.7M NCAA settlement

About 40,000 college football and basketball players won't have submit a claim form to receive a portion of the $208.7 million the Indianapolis-based NCAA will pay to settle a federal class-action lawsuit.

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Victims to collect money soon in Veros case

The court-appointed receiver in an alleged $8.6 million Ponzi scheme perpetrated by Indianapolis-based Veros Partners Inc. is preparing to make his first distribution to affected investors.

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