Dinn, Hochman & Potter, L.L.C.
TF: 800-233-4079
L: 440-681-8005

December 2013 Archives

Owner of funeral home in Ohio charged with theft and fraud

A defunct funeral home owner in Ohio was charged with theft and fraud after accepting payments from clients. The 45-year-old woman was indicted Dec. 20 on 51 counts that included engaging in corrupt activity, tampering with records and violation of pre-needs contracts. The woman owned and operated the funeral home with her husband.

Ohio-based bank case reaches Supreme Court

The question of whether Fifth Third Bancorp can be used in its handling of a retirement plan for employees will be heard by the U.S. Supreme Court, it was reported on Friday. Two employees are alleging that bank officers breached their fiduciary duties when they mishandled matters prior to the recent housing meltdown. The Business Litigation to be heard by the Court will be in the form of a class action appeal.

Keys to successful business creation

Many Ohio workers have probably thought of being their own boss at one point or another. The lure of making their own hours and only answering to themselves is very attractive, but while there are numerous benefits of starting a business, not everyone is cut out to be an entrepreneur. For people to be able to succeed, they will need, at a bare minimum, large amounts of capital, time and dedication.

Pilot Flying J settlement reached with trucking companies

Some businesses in Ohio may be involved in a settlement that Pilot Flying J, which is the biggest diesel retailer in the U.S. with revenue of approximately $30 billion annually, has reached with 5,500 trucking companies. The $84.9 million settlement was recently approved by an Arkansas federal judge. Included in the amount is $14 million for the trucking companies' legal fees.

Bridgestone sues IBM over botched $75 million computer system

Ohio readers may be interested to learn that Bridgestone Tires has sued tech giant IBM over a malfunctioning $75 million computer system that the tire company said threw their entire operation into chaos. The business litigation is seeking as much as $600 million in damages, but IBM is maintaining that it was Bridgestone's mishandling of the system that created the problems. The computer maker said that their client lacked leadership in the area, as evidenced by changing its technology executive six times in the two years of the project's development.

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Dinn, Hochman & Potter, L.L.C.
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Cleveland, OH 44124

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