Articles

Evans settles federal lawsuit related to AIT labs sale

A federal lawsuit that accused AIT Laboratories founder Michael Evans of breaching his fiduciary duties by selling the Indianapolis-based company to employees at an inflated price has been settled, the company announced Friday afternoon.

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Target settles with banks over 2013 breach for $39M

Target Corp. will pay about $39 million to banks and credit unions to resolve losses from a 2013 holiday- season data breach, as retailers and financial institutions continue to grapple with the costs of major hacker attacks.

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Attorneys: City handling of police shooting a national model

North Charleston, South Carolina, did not erupt in violence — as other cities in similar circumstances did — after a white police officer fatally shot an unarmed black man. Attorneys for both the city and the family say that is because of the quick actions both sides took to preserve the peace and to come to an agreement.

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BP to pay $138 million in fees in DOJ deal

The value of BP Plc’s settlement with the U.S. government and five Gulf states over the Deepwater Horizon oil spill rose to $20.8 billion in the latest tally of costs from the U.S. Justice Department.

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Court erred in not considering subsequent property settlement agreements

The Indiana Court of Appeals reversed a ruling in favor of a woman on her claim that her ex-husband owed her more than $2.4 million based on a 1997 property settlement agreement. The judges found the trial court should have considered subsequent property settlement agreements the two entered into without the court’s approval.

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