Judge dismisses whistleblower suit against Rolls-Royce
A former senior project engineer at Rolls-Royce’s Indianapolis plant accused the company of selling parts to the government that it knew did not meet contractual specifications.
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Daycare operators indicted for possible fraud
A husband and wife who operated numerous daycare centers in the Indianapolis area have been indicted for allegedly scheming to defraud the government of possibly millions of dollars.
Court rules Steak n Shake broke pact with ad agency
A District Court in Indiana this week ruled that Steak n Shake in 2009 breached its $4.36 million contract with its former advertising agency, Georgia-based Varnson Group.
Biglari agrees to antitrust fine in Cracker Barrel deal
The chain-restaurant operator that owns Indianapolis-based Steak n Shake has agreed to pay $850,000 to settle procedural antitrust violations stemming from its purchase of shares in Cracker Barrel Old Country Store Inc.
Notices going to those eligible for mortgage settlement
More than 37,000 Indiana borrowers who lost homes to foreclosure soon will receive claim forms for payments under the national mortgage settlement.
Vectren agrees to settlement in Indiana gas explosion
Vectren Corp. has agreed to pay $75,000 in penalties and take other steps in response to a natural gas explosion that destroyed a southern Indiana home and injured five people.
SEC accuses local firm of bilking investors out of $1.7M
The SEC’s complaint accuses three people of committing securities fraud by spending investor funds on luxury automobiles, a motorcycle, a 30-foot boat, college tuition, home renovations, a wedding and a honeymoon in St. Lucia.
Local attorney facing fraud charges dropping lawyers
Richard Kammen and Dorie Maryan, who are representing William F. Conour, will ask a federal judge Thursday to be removed from the case, at the request of Conour, citing a strained relationship.
Lawsuit tests Indiana’s ‘take your gun to work’ law
New provisions of Indiana gun laws that allow people to keep guns in their cars at work and prohibit employers from asking about gun possession will get their first test in a lawsuit filed by an Indianapolis man.
Indy hotel to pay $355,000 to settle race lawsuit
The operators of an Indianapolis hotel have agreed to pay $355,000 to settle allegations they underpaid and fired African-American housekeepers because of their race.
GOP senator plans bill decriminalizing pot possession
State Sen. Brent Steele, R-Bedford, said he’ll introduce legislation in the 2013 legislative session that would make possession of 10 grams or less of marijuana an infraction, rather than a criminal offense.
Melvin Simon estate collects $944M from share sale
Simon Property Group Inc. has settled a dispute with the estate of its late founder Melvin Simon, converting his ownership units into common shares and selling them for $944 million.
Basketball legend Robertson target of bank’s lawsuit
Oscar Robertson’s money troubles in Ohio have been well documented lately. But in his hometown of Indianapolis, he’s trying to convince a judge that he’s not responsible for a $203,000 bank loan.
State Supreme Court won’t hear ex-Chamber director’s case
The Indiana Supreme Court on Tuesday informed Walter B. Duncan, former executive director of the Greater Brownsburg Chamber of Commerce, that it won’t hear his appeal related to a pay dispute after he was forced to resign in 2010.
Indiana court approves disputed blood in fatal crash
A court has ruled that prosecutors can use a disputed blood sample as evidence to prove Indianapolis police officer David Bisard was driving drunk when he caused a fatal crash.
Local financial planner sentenced for identity theft
A former financial planner at the Indianapolis offices of Northwestern Mutual and One America-American United Life was sentenced Tuesday to two years in federal prison and three years of probation after pleading guilty to identity theft.
Game maker Fundex files for bankruptcy reorganization
The once high-flying Fundex is seeking to reorganize under the protection of bankruptcy as the lawsuits against the Plainfield-based company continue to pile up. Fundex lists assets of nearly $1.5 million and liabilities of $8.9 million.
BrightPoint reaches settlement in shareholder suits
Lawsuits filed by BrightPoint Inc. shareholders who are challenging the company's proposed sale to a California firm are set to be dismissed after the sides reached a settlement.
Case from 1970 revisited in dispute over NBA TV revenue
The NBA asked a Manhattan judge on Thursday to side with the league in a legal dispute that stems from a sweetheart deal enjoyed by the former owners of a defunct American Basketball Association team — and despised by current owners of four NBA franchises, including the Indiana Pacers.
’80s anti-takeover law helped sow Emmis win
The Indiana Business Corporation Law—enacted to help Hoosier companies fight off a wave of attacks by corporate raiders—gives boards of directors unusually broad authority to exercise judgment as they see fit.