Regions Bank for a second time in a decade was found charging illegal overdraft fees, the government said Wednesday, in a settlement that will require the bank to repay $141 million to customers and pay an additional $50 million in fees.
The owners of a southern Indiana Hindu temple who claim they were misled about the acceptable uses of a building they purchased for an intended religious facility failed to demonstrate fraudulent inducement, the Court of Appeals of Indiana has affirmed.
A man convicted of one armed robbery based in part on his ties to another potential robbery has failed to secure relief from either his conviction or sentence.
A divided Court of Appeals of Indiana has reversed for a couple it found was not given reasonable notice by their bank of a new arbitration provision included in the terms and conditions attached to the end of their monthly electronic bank statement.
Evansville-based Old National Bank has settled allegations of redlining against Black residents in Indianapolis, agreeing to originate more than $27 million in loans to qualified Black applicants and contributing more than $3 million to create programs to help Black homeseekers secure mortgages and to invest in majority-Black neighborhoods.
The whistleblower case against Indiana Treasurer Kelly Mitchell has been unsealed, showing all the defendants, including Indianapolis-based Ice Miller LLP, have hired legal counsel and a third judge is now presiding over the matter after Marion Superior Judge Patrick Dietrick, who handled the case for 11 months, recused himself when the court was notified that his sister-in-law is employed by Ice Miller.
A federal judge on Thursday sentenced former financial executive Kerri Agee, 46, of Noblesville to five years and eight months in prison for her role in a 13-year fraud scheme at the financial services firm she once owned.
A Georgia-based bank waived its right to claim the Marion Superior Court lacked personal jurisdiction over a garnishment case after it placed a hold on a bank account and responded to interrogatories without objection, the Court of Appeals of Indiana has affirmed.
Describing a financial institution’s appeal as “introducing an ambiguity,” the Court of Appeals of Indiana clearly saw the attempt to make a customer arbitrate a dispute as being both too late and barred by the contract language.
The Indiana Court of Appeals upheld the damages awarded to a Tippecanoe County man who had his ride repossessed one summer night but remanded for attorney fees to be recalculated to a lower amount.
Old National Bank, headquartered in Evansville, has been accused in a federal lawsuit of redlining in the Indianapolis area by making disproportionally fewer mortgages to Blacks, closing branches in predominately Black neighborhoods, and providing Blacks with less information during the mortgage application process.
Victims of Indianapolis businessman Tim Durham, who was convicted in 2012 of running a Ponzi that defrauded investors out of $200 million, have hit another roadblock after the 6th Circuit Court of Appeals rejected an attempt to recoup some of their losses.
Comments are requested by the federal judiciary from members of the public, judiciary and legal community on a set of proposed interim regulations for bankruptcy trustee payments.
A former manager of a bank branch in Brownsburg has been sentenced to three years in prison for two separate fraud schemes—one involving bank customers and the other involving three children for whom she served as inheritance trustee.
A federal magistrate appointed a public defender for a man during his first court appearance in the June killing of a security guard shot to death outside a Gary bank during a robbery.
Busey Bank says it has lost more than $100 million in loans to a competitor because of “brazen and systematic poaching” of its employees.
The Fair Housing Center of Central Indiana and Indianapolis resident Carlette Duffy have filed fair housing complaints with the U.S. Department of Housing & Urban Development, alleging Duffy’s home was appraised at a lower value because she is African American.
The Indiana Supreme Court on Thursday struck down lower court rulings in favor of an unpaid contractor that performed work for a South Bend business, finding that because the business’s assets are now owned by a bank rather than the prior company, the new bank-owned business is not liable for the bill.
An inmate who escaped from a Kentucky jail last month by climbing through a hole in a jail window has been captured in southern Indiana, authorities said.
A New York City prosecutor fighting to get President Donald Trump’s tax returns told a judge Monday he was justified in demanding them because of public reports of “extensive and protracted criminal conduct at the Trump Organization.”