Multiple individuals defrauded in a scheme perpetrated by an ex-Ohio State and Indianapolis Colts quarterback and his accomplice should receive money from the former player’s share of a national concussion settlement, an Ohio prosecutor argues.
Economic excitement: Immigration law firm plans to boost businesses, communities with foreign investors
Marco Moreno was introduced to the idea of economic development by watching a rundown, forgotten neighborhood in Indianapolis get a second chance. He came to the Circle City to study law and was intrigued by the neighborhood redevelopment work. A few years later, his interest was reignited when he learned how regional centers were boosting international funding for projects designed to grow businesses and help communities in the United States. Now the immigration attorney is running a unique regional center in Indianapolis.Read More
The Supreme Court on Monday preserved an important tool used by securities regulators to recoup ill-gotten gains in fraud cases.
The Supreme Court of the United States is leaving in place a ruling that allows the trustee recovering money for investors in the Bernard Madoff Ponzi scheme to pursue more than $4 billion that went to overseas investors.
An appellate panel reversed in favor of the founder of a natural gas installation company after it found the value of his shares under a buyback provision in a company agreement couldn’t be discounted for lack of marketability and control.
The national and international conversations about the impacts of climate change have focused largely on initiatives designed to curb greenhouse gas and other potentially harmful emissions. But there’s also an increasingly popular business aspect to the conversation.
The former majority owners of Fishers-based tech firm ClearObject — including high-profile exec John McDonald — have been sued by investors who bought an 80% stake in the company in early 2019.
Efforts to clean up what the Securities and Exchange Commission alleged was an $8.6 million Ponzi scheme perpetrated by Indianapolis-based Veros Partners Inc. are entering their final stages, with all but one defendant having reached a settlement and the company’s receiver preparing to make his first distribution to affected investors.
An Interactive Intelligence Inc. shareholder has sued the Indianapolis-based company and its board members over the firm's forthcoming $1.4 billion sale to another company, claiming that Interactive's value far exceeds the price and that the deal precluded competing offers.