Legal Archive

New Regulations a Pain in the Neck for Chiropractic 'Runners'

by Mark Friedman 8/18/2014 12:00 am

A combination of regulation and enforcement has begun to chip away at the lucrative business plan that has generated so many complaints that the Arkansas State Board of Chiropractic Examiners had to add another full-time staff position.

Maumelle Firm Southland Metals Wins $3.8M Judgment

by Mark Friedman 8/18/2014 12:00 am

Southland Metals Inc. of Maumelle won a $3.84 million judgment last month when a federal court jury in Fayetteville considered its breach-of-contract case against a former client, American Castings LLC of Pryor, Oklahoma.

When Discipline Is Required (Robert F. Wayland Expert Advice)

by Robert F. Wayland 8/18/2014 12:00 am

Understanding the arbitrator's viewpoint on disciplinary actions can provide employers guidance even before corrective action becomes necessary.

Turner Grain Possibly Tilting Toward Bankruptcy

by Arkansas Business Staff 8/18/2014 12:00 am

Sources say Turner Grain Merchandising Inc. of Brinkley is on the verge of filing for bankruptcy protection.

Lindsey's Roy Stanley Takes On IRS

by Arkansas Business Staff 8/18/2014 12:00 am

Roy E. Stanley, the longtime president of Fayetteville's Lindsey Management Co. and current president of Lindsey Communications Inc., and his wife, Carol, are suing the Internal Revenue Service over the findings of an audit performed in October 2012.

Sources: Turner Grain Appears Headed to Bankruptcy, Losses in Millions

by Arkansas Business Staff 8/16/2014 06:53 pm

Our sources on the commodities beat tell us that Turner Grain Merchandising Inc. of Brinkley is on the verge of filing for bankruptcy protection. And the losses, two sources have told us, could be in the millions.

Report: John Rogers Was Tipped to FBI Raid

by George Waldon 8/11/2014 04:26 pm

John Rogers allegedly was tipped off that federal agents would be visiting his North Little Rock business and home before federal agents executed search warrants on Jan. 28. But Rogers' attorney says Rogers helped authorities expose another man's crime.

Russellville Financial Adviser David Crain Fined $5,000

by Gwen Moritz 8/11/2014 02:54 pm

W. David Crain, a former representative of St. Bernard Financial Services of Russellville, has agreed to a $5,000 fine and more than $4,100 in restitution for his handling of a widow's account.

Whistleblower Case Alleges Fraud Against Wal-Mart

by Arkansas Business Staff 8/11/2014 12:00 am

A former executive of a personal care products company said she was canned for reporting an alleged fraud that her firm was committing against its biggest customer — Wal-Mart Stores Inc.

Bonding Company Gets OK To Garnish Portion of Joyce Judy's Paycheck

by Arkansas Business Staff 8/11/2014 12:00 am

Cumis Insurance Society Inc., the bonding company that was stung by Joyce Judy, will start to recover some of the money she swiped when she was president of the Arkansas Employees Federal Credit Union in Little Rock.

Greene County Unveils $16.5M Jail Expansion

by Mark Friedman 8/11/2014 12:00 am

The first phase of a $16.5 million expansion project at the Greene County Detention Center was recently completed.

The Maggio Effect (Editorial)

by Arkansas Business Editors 8/11/2014 12:00 am

Reading the findings of fact included in the state Judicial Discipline & Disability Commission's sanctions against suspended Faulkner County Circuit Judge Mike Maggio were more than we could take.

Gary Head: Smiley Told Me He'd Made Mistakes

by George Waldon 8/8/2014 08:00 am

Gary Head, chairman, president and CEO of Fayetteville's Signature Bank of Arkansas, says he learned of the multimillion-dollar loan scandal involving Dennis Smiley Jr. in a phone call from Smiley himself.

Arvest Bank Settles With 18 Dennis Smiley Creditors

by George Waldon 8/8/2014 07:58 am

Arvest Bank of Fayetteville has settled with 18 of 20 creditors who loaned money to one of its former executives, Dennis Smiley Jr. Only First State Bank of De Queen, where Smiley's namesake father is chairman, and Signature Bank of Arkansas in Fayetteville remain as possible claimants seeking money from Smiley's Arvest Bank Group stock purchase and stock option plans.

Union Power Partners Files for Chapter 11 Reorganization

by Mark Friedman 8/6/2014 11:07 am

The Entegra Power Group LLC of Tampa, Florida, and several of its subsidiaries, including Union Power Partners L.P., of El Dorado, files for Chapter 11 bankruptcy protection.

Nominate Now for Arkansas Business' CFO of the Year Awards

by Arkansas Business Staff 8/5/2014 11:28 am

Arkansas Business is searching for the state's most outstanding chief financial officers for its sixth "CFO of the Year" awards. You can nominate CFOs here.

FDIC Still Mopping Up Kevin Lewis' Fraud Mess

by Mark Friedman 8/4/2014 12:00 am

More than two-and-a-half years after former Little Rock attorney Kevin Lewis was sentenced to 10 years in federal prison for bank fraud, the Federal Deposit Insurance Corp. continues to clean up his mess.

Power List Incomplete (Feedback)

by Tré Kitchens 8/4/2014 12:00 am

Little Rock attorney Tré Kitchens saw a few glaring omissions in Arkansas Business' recent Power List issue.

Forest Place Arsonist Pleads Guilty to Two Counts

by Gwen Moritz 8/1/2014 05:04 pm

Lacey Rae Moore faces at least 12 years in prison and has agreed to pay restitution of more than $12.5 million for damage caused by seven fires, including five for which criminal charges were dropped as part of her plea deal.

Judge Rules Allens Inc. Must Pay $2M Claim

by Mark Friedman 8/1/2014 11:35 am

A U.S. District Bankruptcy Court judge rules that the defunct Allens Inc. of Siloam Springs has to pay a claim totaling $2.25 million to D&E Farms Inc. of Spring Grove, Pennsylvania.