The former chief operating officer and chief financial officer of Indianapolis-based trucking firm Celadon Group Inc. have been indicted for their alleged roles in what the U.S. Department of Justice describes as a “complex securities and accounting fraud scheme that resulted in a loss of more than $60 million in shareholder value.”
A recent ruling by a federal judge in Indianapolis could make it easier for financial advisers who switch firms to tell clients about the move without fear of legal consequences.
Indianapolis-based Rolls-Royce North American Technologies Inc., which has spent nearly $50 million developing technology for new laser weaponry over the past decade, says a dispute with a fellow military contractor now threatens that investment.
Scott Wise, the founder and former owner of the Scotty’s Brewhouse chain, has filed for personal bankruptcy — a situation he says was brought on by the failure of his former business.
Penske Logistics LLC has agreed to pay $350,000 in back wages and offer jobs to 99 women to settle an allegation that the company discriminated against female job applicants at its Shelbyville warehouse.
The owner of the Southport location of Scotty’s Brewhouse, which closed abruptly in April, is facing a lawsuit over the closure.
The founders and three other former officers and employees of Westfield-based Banc-serv Partners LLP have been indicted in connection with what federal prosecutors describe as a 13-year-long conspiracy to defraud the Small Business Administration.
A federal judge on Wednesday sentenced former powerhouse Merrill Lynch broker Thomas Buck to three years and four months in prison.
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 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.
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.
An Indianapolis immigration attorney has pleaded guilty to filing false visa applications for more than 250 clients and collecting $750,000 in fraudulent fees.
A financial adviser in California faces allegations that he defrauded a former Indianapolis Colts player out of more than $4.5 million in investments.
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.
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, 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.
A group of former ITT Educational Services Inc. students are seeking legal recognition as creditors in ITT’s ongoing bankruptcy case.
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.
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.
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.