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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New hope surfaces for victims of Durham’s Ponzi scheme

An appeals court ruling has cleared the way for Fair Finance Co.'s bankruptcy trustee to revive a lawsuit against one of the company's lenders,a Fortune 500 company with extensive resources. The trustee was able to extract a $35 million settlement from another one of the company's lenders.

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Judge OKs reworked NCAA concussions settlement

A federal judge in Chicago gave preliminary approval Tuesday to a modified head-injury settlement between thousands of former college athletes and the NCAA that includes a $70 million fund to test for brain trauma.

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