Former powerhouse investment broker Buck sentenced to more than 3 years in prison
A federal judge on Wednesday sentenced former powerhouse Merrill Lynch broker Thomas Buck to three years and four months in prison.
Susan Orr, Indianapolis Business Journal
Articles
Scotty’s Brewhouse founder faces new investor lawsuit for alleged fraud
Two large shareholders in the company behind local restaurant chain Scotty’s Brewhouse have filed a lawsuit against its founder, Scott M. Wise, alleging that he made false statements and failed to properly register their shares, causing the investors to lose more than $1 million.
Scotty’s Brewhouse founder sued over Carmel restaurant deal
Scotty’s Brewhouse founder Scott M. Wise, along with Indianapolis-based Scotty’s Holdings LLC and two Arizona-based parties, are facing a lawsuit from a former business partner of Wise’s who claims he was defrauded out of his $300,000 investment in the restaurant chain.
Celadon admits it is under federal criminal investigation
Indianapolis-based trucking firm Celadon Group Inc. says federal investigators are conducting a criminal investigation of the financial-reporting issues that the company has been working to resolve for more than a year.
Indianapolis attorney pleads guilty to immigration fraud
An Indianapolis immigration attorney has pleaded guilty to filing false visa applications for more than 250 clients and collecting $750,000 in fraudulent fees.
California man accused of defrauding former Colt of more than $4.5M
A financial adviser in California faces allegations that he defrauded a former Indianapolis Colts player out of more than $4.5 million in investments.
Lawsuit alleges SEC investigation, financial cover-up at Celadon
A Celadon Group Inc. investor has filed a lawsuit alleging that the Indianapolis-based trucking company is misleading shareholders about its financial status and covering up a U.S. Securities and Exchange Commission investigation into the company.
Judge’s ruling ends civil suit against former Irwin Union bank officers
An Indianapolis judge has ruled in favor of three former Irwin Union Bank & Trust Co. executives, closing the book on a civil suit that the bank’s bankruptcy trustee originally filed in 2011.
Hustler Hollywood sues Indianapolis over zoning roadblocks
Hustler Hollywood, which wants to open a retail store in Castleton, is suing the city of Indianapolis over a zoning denial that the company says is infringing on its constitutional right to operate a business.
Former ITT students seek creditor status in school’s bankruptcy case
A group of former ITT Educational Services Inc. students are seeking legal recognition as creditors in ITT’s ongoing bankruptcy case.
Splenda owner sues Dunkin’ Donuts over knockoff sweetener
The Carmel-based company that owns the Splenda sweetener brand says Dunkin’ Donuts is deceiving customers into thinking its donut shops offer Splenda when they actually offer a Chinese-made knockoff product.
Former employee files sexual harassment suit against Emmis
A former employee of Indianapolis-based Emmis Communications Corp. has filed a sexual harassment lawsuit against the media company, alleging it did not do enough to respond to her complaints that she was harassed and criticized by two producers at one of its sports-talk radio stations.
Indianapolis man sues Chipotle, others over sign collapse
An Indianapolis man who gained national attention after his car was crushed by a Chipotle sign on the north side has filed a lawsuit against the restaurant company as well as the property owner and manager.
EPA objects to Vertellus Specialties acquisition plan
Indianapolis-based chemical company Vertellus Specialties Inc. is at odds with the U.S. Environmental Protection Agency over whether its proposed sale would provide adequate resources to address environmental cleanup needs at Vertellus-owned sites in Indiana and elsewhere.
Interactive files federal patent suit against competitor
Indianapolis-based Interactive Intelligence Inc. has filed a federal patent lawsuit against Avaya Inc., a competitor with which Interactive Intelligence also had a long-standing patent license agreement.
City liable for sign firm’s damages, judge rules
Indiana billboard company GEFT Outdoor LLC expects to seek millions of dollars in damages from the city of Indianapolis after a federal judge ruled that the city’s former sign ordinance was unconstitutional.
Local Uber driver sues company over compensation issues
An Uber driver from Marion County has filed a class-action complaint against the ride-on-demand company, claiming that Uber treats its drivers like employees but classifies them as independent contractors in order to skirt labor laws.