Ritchie Capital Management filed a civil racketeering suit against Petters' executives and in-house counsel, as well as Fredrikson & Byron, which reportedly performed legal work for Petters' businesses.
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Through a patent infringement lawsuit filed Monday, Honeywell seeks to stop electronics retailer Best Buy and California company Nest Labs from selling Nest Labs' thermostat line and to recover damages.
Minneapolis-based TST Media has acquired Wisconsin Sports Network, a website that reports on high school sports in Wisconsin.
Gerald Greenfield was sentenced for helping Brett Thielen, who was executing a mortgage fraud scheme involving a Minneapolis condo building, launder illegal profits.
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Gerald Greenfield was sentenced for helping Brett Thielen, who was executing a mortgage fraud scheme involving a Minneapolis condo building, launder illegal profits.
Burnsville-based Lazy Deuce Capital Company allegedly duped Florida firm Integrity Dominion Fund into making $3.6 million in short-term loans to Lazy Deuce, $1.5 million of which hasn't been repaid.
A new agreement reportedly calls for medical device companies to pay $595 million in fees over five years, and for the FDA to add more than 200 people to its approval processes-which industry representatives have criticized as being too slow.
Minnetonka-based IT consulting firm McKinley Consulting has acquired Elk River-based Novon Consulting, a firm that provides project management and business consulting to the financial services market.
Northwestern Mutual's Twin Cities offices expect to hire 94 financial representatives and 206 interns in 2012; Northwestern Mutual says that 45 percent of its senior field managers began their careers with the company as interns.
Fairweather, Ltd., International Clothiers, and Les Ailes will stop using the Target name and branding elements by January 31, 2013-right around the time when Minneapolis-based Target plans to begin opening stores in Canada.
After announcing two other acquisitions during the past week, the Minneapolis-based bank said it will also buy the institutional trust business of California-based Union Bank.
Jonathan Kaplan, who has served as president of Walden University since 2007, was named its CEO; succeeding him as president is Cynthia Baum-who was Walden's executive vice president.
After seeing soft holiday sales in December, the retail giant saw a significant jump in same-store sales last month-double the increase that analysts expected and on the high end of the company's own expectations.
American Crystal Sugar says it is two-thirds of the way finished processing last year's beets, and "the window for reaching an agreement is closing."
The Twin Cities’ first lice elimination superstore found a niche in need of scratching.
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St. Paul Mayor Chris Coleman says a proposal for a Minneapolis Vikings stadium that involves funding for Target Center renovations is "unbalanced" and "inequitable."
Minneapolis law firm Winthrop & Weinstine has lured six patent lawyers from Dorsey & Whitney to join its expanding intellectual property practice.
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