Indianapolis Business Journal Staff
Articles
Investment broker’s plea deal erases 20 felony counts
An Indianapolis man accused of multiple felony securities fraud counts has reached a plea agreement with the Marion County Prosecutor's Office.
Emmis sues insurer over $4M in legal fees
Emmis Communications Corp. has filed breach-of-contract suit against a New York-based insurance company for refusing to cover any of the more than $4 million in legal fees the media company accumulated in a long-running court battle with preferred shareholders.
Court decision paves way for displaced pizza shop’s trial
Enzo Pizza’s long-simmering legal battle with the Indianapolis City Market finally is headed to trial after the eatery won a partial court victory this month against its former landlord.
Sexual discrimination lawsuit against WTLC owner thrown out
A sexual discrimination lawsuit filed by a fired employee of Indianapolis stations WTLC-FM and WTLC-AM has been thrown out by the judge in the case.
Edwardsport plant foes finally reach settlement with Duke
The bitterest foes of Duke Energy Corp.’s Edwardsport coal-gasification plant have agreed to drop their objections and join a settlement that would resolve many of the issues over how much ratepayers will be charged.
Pence says he won’t support LGBT bill that ‘diminishes’ religious freedom
Indiana Gov. Mike Pence in his State of the State speech Tuesday night finally addressed the most contentious issue at the Statehouse this year – how to balance religious freedom with civil rights for LGBT people – but his statements left unclear whether he would sign any of the bills proposed so far during this General Assembly.
Carmel faces federal class-action lawsuit over traffic law
The city of Carmel is facing a class-action lawsuit in federal court for its enforcement of a local traffic ordinance a state appeals court has already struck down.
Marion County judicial selection now in lawmakers’ lap
A federal appeals court rocked the Marion County court system last fall when it quashed its unusual judicial election process, saying it burdened the right to cast a meaningful vote. Now the court’s fate is in the hands of lawmakers, who will get a crack at replacing the election system the federal judges ruled unconstitutional.
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.
Ringleader in $90M fuel scam sentenced to 20 years
The ringleader of a $90 million biodiesel scam operated in central Indiana was sentenced Thursday to serve 20 years in prison and to pay more than $56 million in restitution for his role in the fraud.
Senate bill would protect sexual orientation, punt on gender identity
A Republican state senator’s answer to the debate over gay rights and religious freedom would protect gay, lesbian and bisexual Hoosiers from employment, housing and public accommodations discrimination but would exclude transgender people and punt the debate on their issues until next year.
Vaping industry sues state over new regulations
The advocacy group that represents Indiana’s vaping and electronic cigarette industry is suing the state, claiming new safety regulations are unconstitutional.
Marion County residents mount court challenge to stop project
Three Ransom Place residents in Indianapolis are challenging the city’s approval of a large residential project planned for the neighborhood and are asking a Marion County judge to stop the $10 million development.
Suit challenges constitutionality of RFRA fix, local gay rights laws
The “RFRA fix” passed in April to quell discrimination fears about the Religious Freedom Restoration Act is now being challenged as unconstitutional by two organizations that were the most vocal proponents of the original legislation.
Johnson gets 5-year sentence in Indy Land Bank case
David Johnson, who was found guilty of wire fraud and money laundering as part of the Indy Land Bank scandal, was sentenced to more than five years in federal prison Friday by U.S. District Judge William T. Lawrence.
Downtown condo association again files suit for building damage
The homeowners association for a downtown Indianapolis condominium complex again is suing the owner and builder after a new round of problems caused about $6 million in damage to the structure.
Suit accuses owners of home-repair firm of serial fraud
Indiana Attorney General Greg Zoeller sued the two owners of Carmel-based Green Frog Restoration Inc. on Tuesday, charging they scammed at least 41 Indianapolis-area residents out of more than $280,000 after one of them conducted similar schemes against Ohio and Kentucky residents.
Veros investors out millions could recoup more than usual
The receiver appointed to recover investor losses from an alleged Ponzi scheme said he’s retrieved in five months about 20 percent of what investors were owed, a figure experts say is relatively high at this stage for such cases.
Lawsuit: Indy used car dealer deceived consumers
Indianapolis used car dealer Circle City Auto Exchange Inc. and two of its affiliates were sued by the state Monday for allegedly selling “total loss” vehicles to customers without disclosures, charging unfair prices and offering "useless" warranties, the Indiana attorney general’s office announced.