A former Playboy playmate, a well-known rapper and local businessmen are among the defendants in a barrage of lawsuits filed by a bankruptcy trustee trying to collect funds for investors of Fair Finance Co., the defunct Ohio firm led by Tim Durham.
Firms pursuing IPOs simultaneously investigate the possibility of a sale as a matter of course, in part because doing so helps investment bankers assess how they should price shares if they pull the trigger on an offering.
Court papers show the Mitch for Governor Campaign Committee isn't paying more in a settlement with Fair Finance Co.’s bankruptcy trustee because it has just $3,500 left.
The Indiana secretary of state’s office says the investment bank agreed to pay a $100,000 fine and $110,000 in investigative costs.
The lawsuit alleges Mitza Durham of Seymour received 58 checks or wire transfers from the indicted financier from February 2006 through November 2009.
The company has made tremendous progress in recent weeks addressing problems that have scared off investors and pushed the price of its common stock below $1.
Developer Sydney “Jack” Williams received one year in prison and a $25,000 fine for failing to report millions of dollars he received in commissions related to a Florida investment scheme.
The Indiana Republican State Committee has agreed to pay back $87,875 in political contributions it received from indicted financier Tim Durham. In addition, a political group supporting Gov. Mitch Daniels agreed to a $10,000 settlement.
Frontier Capital in Charlotte, N.C., provided the funding that will support the continued expansion of Healthx, a local provider of online health care portals.
David Simon's massive new compensation plan—which includes a $120 million long-term bonus—is a drop in the bucket compared with the wealth the company has been creating in recent years, even as the overall market zigs and zags.
Yes, America struggles with instances of poverty, unemployment and other hardships. But we also have the freedom and the opportunities available to improve our standard of living.
Defendants include companies affiliated with Indianapolis restaurateur Henri Najem, the rapper Ludracis and former Indianapolis Colts quarterback Blair Kiel.
Indicted financier Tim Durham's attorney alleges "the government has engaged in a course of conduct that … constitutes gross misconduct so severe that dismissal is warranted."
Illinois Gov. Pat Quinn on Friday signed tax-break legislation designed to keep the Chicago Mercantile Exchange and Sears Holding Co. from fleeing the state. CME had talked to Indianapolis officials about moving to central Indiana.
Appraisals of private companies are inherently dicey, especially if they're not making money.
Prosecutors allege Fishers investment manager Keenan Hauke hid losses for seven years by shifting assets among accounts and using new investors’ money to fund withdrawals.
Prosecutors accused Hauke of losing millions on Michigan real estate investments, then hiding those losses from clients.
Cracker Barrel will hold its annual shareholder meeting Dec. 20, and Sardar Biglari, who controls Indianapolis-based Steak n Shake, is seeking a seat on the company's board of directors.
A letter from Carmel Mayor Jim Brainard to a company that fits the Chicago Mercantile Exchange’s description says the Indianapolis suburb is prepared to offer $150 million in incentives in return for 1,700 high-paying jobs.
Indianapolis' mayor has met with top executives of the Chicago Mercantile Exchange to discuss bringing the 163-year-old financial market to Indiana's largest city. A move would mean hundreds of jobs for Indianapolis.
