| High court ruling on 401(k) suits to be tested in Charleston
It is estimated that 50 million employees have $2.7 trillion invested in 401(k) plans. Two lower courts, including the U.S. District Court in Charleston, disallowed LaRue's complaint. The Supreme Court agreed to hear arguments last year. In their ruling the justices agreed that LaRue, who lives in Texas, could sue to recover not only his losses but any profits he would have earned from that money. "It's a very, very big ruling, and actually it's more than I could have personally hoped for," said Greenville attorney Robert Hoskins, who helped represent LaRue in the appeal. Hoskins said the original case will 'go back to square one,' to where it was filed. 'What will happen is we will end up back in Charleston,' he said. LaRue filed the case in 2004 in federal court in Charleston, where DeWolff Boberg was incorporated and once had an office.
Scotland's best: Bannockburn, Bond or Baxter?
It depends where you shop. In my experience, I always find Saltires...I don't mind. I like to know the food I'm buying is local, and it would be the same if there was a Union Jack on it. I am proud of my Scottish heritage but I'm proud to be British too. .
For Carmakers, High Performance Equals High Profit
In March, Lexus is launching a high-performance division. Called the F—for "Flagship"—the first model will be the sporty, $56,765 Lexus IS F. Several more F models are in the pipeline, including a luxury sedan and an SUV-wagon crossover. This represents a radical departure for Lexus, which has enjoyed enormous success as Toyota's (TM) luxury brand, despite being often faulted by driving enthusiasts for making cars that are unexciting, albeit attractive, well-built, and competitively priced. Now obviously Toyota's top brass wants to change this impression—and that is something that should concern executives at the high-performance divisions of its luxury rivals, specifically Mercedes-Benz (DAI), BMW (BMWG), and, increasingly, Audi (NSUG). Mercedes offers an AMG version of nearly every model it sells, including light trucks.
Ballard puts the top job at IMPD up for grabs
Served as chief of the Indianapolis Police Department from March 2005 to November 2006, when he became chief of the merged Indianapolis Metropolitan Police Department. Jerry Barker: Served as chief from February 2000 to March 2005. Joined IPD in 1969. Michael H. Zunk: Served as chief from January 1997 to January 2000. Had been part of IPD from 1968 to 1988. Donald Christ: Served as chief from September 1995 to September 1996. Had been assistant chief before becoming IPD chief. James Toler: Served as chief from December 1991 until he resigned in September 1995. Joined IPD in 1963. Toler was the department's first black chief. Paul Annee: Served as chief from August 1986 through November 1991, when Mayor-elect Steve Goldsmith said he wanted a new chief, forcing Annee to step down.
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