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.
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.
Former Obsidian Enterprises Inc. President Terry Whitesell will pay the amount as part of a settlement agreement. A bankruptcy trustee representing investors of Fair Finance Co., owned by convicted financier Tim Durham, had sought more than $225,000 from Whitesell.
The owner of the stage that collapsed at Indiana's State Fair last year and killed seven people rejected a settlement plan Wednesday that would have protected the state from further legal action and paid victims an additional $7.2 million.
Tom and Lauren Hanley's wedding day turned tragic two years ago when a traffic accident killed a groomsman and injured others in their bridal party. The Indianapolis couple is now using some of their settlement in a lawsuit from the crash to support a mutual passion.
Most victims of a deadly stage collapse at the Indiana State Fair have agreed to accept shares of a $13.2 million settlement offer from the state and two private companies, the state attorney general's office said Thursday.
Both lawsuits involved former BrightPoint executives hired by Brightstar who had access to the local firm’s innermost workings and strategies. The suits, filed in Marion Superior Court, were dismissed Wednesday.
Indianapolis-based WellPoint Inc. said it is lowering its profit forecast for the year by 3 percent after reaching a $90 million settlement in a class-action lawsuit.
The federal lawsuit was set to go to trial June 18 in Indianapolis. The claims arise from Anthem’s 2001 conversion from a mutual company, owned by its insured policyholders, to a public company.
The filing of merger lawsuits is so predictable that many acquiring companies factor in class-action legal costs as a form of “transaction tax” to get their deals done.
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.
Indiana-based Biomet Inc. has agreed to pay $22.7 million to settle U.S. criminal and civil allegations that it bribed government-employed doctors in Argentina, Brazil and China for eight years to win business with hospitals.
A high-living Manhattan businesswoman accused of an audacious fraud that cost some of central Indiana’s marquee companies millions of dollars has cut a deal with prosecutors that would ensure she spends no more than 31 months in prison.
Tomisue Hilbert quietly settled a 3-year-old lawsuit last month over whether a controversial life insurance policy issued in 2006 on her mother, Suzy Tomlinson, was valid, and whether the beneficiary of the policy, J.B. Carlson, committed fraud.
Local not-for-profit said Ohio company was holding its website hostage.
UBS Financial Services has agreed to pay state regulators $677,000 to settle a claim over investments by the Indiana State Teachers Association Insurance Trust.
Fair Finance’s bankruptcy trustee says attorney Stephen Plopper and his wife are paying the full amount due under a loan that matured in 2006.