The founder and former leader of alternative energy start-up Bixby Energy Systems pleaded not guilty Thursday to the fraud charges that he faces.
Law
Accretive Health moved to dismiss an amended lawsuit filed last month, which accuses the company of overly-aggressive debt-collection tactics and includes sworn statements from hospital patients.
The high court determined that the law requiring Americans to obtain health insurance is constitutional, and local health insurance providers seem to have a mostly favorable view of the decision.
The City of Minneapolis spent $467,139 on staff and contract lobbyists last year, the most of any local government in the state.
An amended lawsuit includes additional allegations that Accretive Health violated consumer protection and privacy laws, and it includes a long list of sworn statements from hospital patients.
Bob Walker, who was charged in December with one count of conspiracy to commit securities fraud, now faces a total of 20 charges. Walker will plead not guilty next week, according to his attorney.
The company said that it is “surprised and disappointed with the jury’s verdict,” and it is considering an appeal.
Jason Beckman, Gerald Durand, and Patrick Kiley were found guilty of a long list of charges pertaining to their roles in soliciting investors for Trevor Cook’s fraudulent currency trading scheme.
Minnesota will benefit from a multi-state, $1.6 million settlement to be paid by the Georgia-based provider of supplemental insurance.
Fredrikson & Byron, General Electric Capital Corporation, and the John T. Petters Foundation recently agreed to settle clawback lawsuits filed by bankruptcy trustee Doug Kelley.
Tom Petters asked the nation's highest court to review his case, but the court has denied his petition.
Funds are being distributed to victims of Trevor Cook's Ponzi scheme, but a recent clerical error resulted in some investors receiving more money than they were supposed to-and until they return the extra funds, assets won't be distributed to other victims who were underpaid.
Minneapolis-based law firm Foley & Mansfield has acquired another Minneapolis-based firm-Skjold Parrington Business Attorneys; the deal does not include Skjold Parrington's foreclosure defense and insurance dispute practices.
Start-up law firm Friedman Iverson specializes in legal work for "creative entrepreneurs."
A federal administrative judge has ordered Minnetrista-based Jimmy John's franchisee MikLin Enterprises to reinstate six employees that it fired last year after they publicly protested the franchisee's sick-leave policy.
Tom Petters gives his first interview from prison, speaking with Twin Cities Business Editor in Chief Dale Kurschner.
The injunction prohibits Germany-based Alfred KŠrcher GmbH & Company-which filed lawsuits against Tennant Company in September-from claiming that Tennant changed its advertising for its ec-H2O technology because of the lawsuits.
After an unsuccessful appeal to a lower court, Tom Petters' attorneys are asking the U.S. Supreme Court to revisit his case, arguing that the defense was barred from questioning a witness about his criminal background and saying Petters' sentence is disproportionate to those received by his co-conspirators.