Former insurance broker Brian Simms of Lebanon, who was accused of misappropriating nearly $4 million in client funds in a “Ponzi-like” scheme, has agreed to plead guilty to one count of wire fraud.
Cummins Inc. is facing multiple lawsuits from shareholders and Dodge Ram truck owners after the company agreed to pay $2 billion late last year to settle allegations that it unlawfully altered hundreds of thousands of pickup truck engines.
A combination of higher interest rates, the ongoing tech industry downturn and general market uncertainty put a damper on venture investment activity last year, both in Indiana and nationwide—and observers say they don’t expect the situation to improve much this year.
The Indiana Secretary of State’s office has issued a cease-and-desist order against Carmel-based retirement planning firm ReJoyce Financial LLC and its CEO Alexander Joyce, alleging that Joyce used nearly $2.6 million in client funds for his personal gain.
A federal judge has issued a temporary restraining order and asset freeze against Arizona-based real estate company ArciTerra Cos. LLC and its founder, Indiana native Jonathan Moynahan Larmore, who are facing federal fraud allegations.
Cummins Inc. will pay $1.675 billion to settle allegations that the engine-maker violated the Clean Air Act, the company announced Friday.
A former financial planner at Carmel-based Valeo Financial Advisors has agreed to plead guilty to two criminal charges related to the misappropriation of $4.69 million in client funds.
The Indiana Secretary of State’s Securities Division is investigating multiple complaints it has received against Roger Dobrovodsky and/or his business entities.
Former Celadon Group Inc. executives Eric Meek and Bobby Peavler have each agreed to pay a $50,000 civil penalty to settle accounting fraud complaints filed against them by the Securities and Exchange Commission more than three years ago.
St. Louis-based Stifel, Nicolaus & Co. Inc is suing a newly formed Indianapolis firm, Sapient Capital LLC, following what Stifel describes as Sapient’s “orchestrated raid” of Stifel’s 96th Street office.
Against the backdrop of a red-hot job market, Indianapolis-based Republic Airways Inc. and its flight school have taken legal action against a dozen former students who the airline says failed to honor their commitment to fly for Republic after graduation.
Most school projects are produced for an audience of one: the professor who assigned the work. But Jacob Purcell, a 2L at Indiana University Robert H. McKinney School of Law, has just published a rental housing report that’s intended for a much wider audience.
A Kokomo convenience store owner is asking for judicial review of a U.S. Department of Agriculture decision to temporarily prohibit the store from accepting Supplemental Nutrition Assistance Program payments from customers.
The Court of Appeals of Indiana has affirmed a Marion Superior Court’s decision to grant summary judgment to Franciscan Health – Indianapolis in a dispute involving the plaintiffs’ medical records.
Whether they are downsizing their office in the post-pandemic era, holding steady or even expanding their space, downtown law firms say they have good reasons for wanting to remain in the heart of the city.
A Housing Authority of South Bend tenant was deprived of her right to due process when she was not allowed to present her pro se defense during her eviction hearing, the Court of Appeals of Indiana has ruled.
An Adams County sheriff’s deputy did not violate a motorcyclist’s rights when the deputy charged him with operating a vehicle while intoxicated after stopping him for a different violation, the Court of Appeals of Indiana has ruled.
The Indiana Tax Court has affirmed the Indiana Department of State Revenue’s decisions about the amount of sales tax that a pharmaceutical research firm owes on its research-and-development-related utility purchases.