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THE R.I. SUPREME COURT affirmed a decision that upheld Cranston Mayor Allan W. Fung's pension reforms for public safety workers. The city had settled with most members of the pension plan, but a group of pension members opted out and continued litigation against the city. / PBN FILE PHOTO/MICHAEL SALERNO

R.I. Supreme Court sides with Cranston over public safety retirees in...

PROVIDENCE – The R.I. Supreme Court ruled in favor of Cranston in a long-standing legal battle over frozen pension benefits filed by a group...
SOUTHERN SKY RENEWABLE ENERGY RHODE ISLAND has been sued by Southern Sky Renewable Energy in federal court. From left, North Providence Chief of Staff Richard Fossa; North Providence Town Council President Dino Autiello; Senate President Dominick J. Ruggerio; Gov. Gina M. Raimondo; North Providence Mayor Charles Lombardi; Southern Sky President Ralph A. Palumbo and Southern Sky Vice President Lindsay McGovern in front of a Southern Sky Renewable Energy Rhode Island solar array in North Providence in October. / COURTESY SOUTHERN SKY RENEWABLE ENERGY RHODE ISLAND

Former Mass. partners sue R.I. solar developer Southern Sky

PROVIDENCE – A lawsuit has been filed in U.S. District Court for the District of Rhode Island against Southern Sky Renewable Energy Rhode Island...
BENDING BUT MAYBE BROKE: Rhodes Technologies in Coventry – along with parent Purdue Pharma – was the location of a February protest against its role in the opioid crisis, which was represented by a large spoon.  / COURTESY THE OPIOID SPOON PROJECT

Resolution for Rhodes, Purdue could take a while

This could be the year of reckoning for pharmaceutical companies over their sales and promotion of opiate painkillers, including a Rhode Island-based drug manufacturer...
ATTORNEY STEPHEN DEL SESTO has applied to have the the St. Joseph's pension plan subject to the Employee Retirement Income Security Act. The plan previously had been exempt as a "Church Plan." He and the plan are awaiting a decision on the application. / PBN FILE PHOTO/MICHAEL SALERNO

St. Joseph’s receiver tries to gain federal pension guarantee in unprecedented...

PROVIDENCE – The receiver for the St. Joseph’s Retirement Benefit Fund, Stephen Del Sesto, a partner at Pierce Atwood LLC, has applied to have...
THE OWNER of a Providence-based jewelry manufacturer pleaded guilty to tax evasion on $399,593 in income in the 2015 tax year. / COURTESY CAROL M. HIGHSMITH

Providence jewelry manufacturer pleads guilty to tax evasion

PROVIDENCE – Byron Urizar, of Lincoln, owner of a Providence jewelry manufacturing company, pleaded guilty to tax evasion in U.S. District Court Friday. Urizar, who...
VINCENT J. MITCHELL, a Coventry man with a Warwick law practice specializing in estate planning and long-term health planning, pleaded no contest to an embezzlement charge. Mitchell was senteneced to 20 years and was ordered to pay restitution of $1.3 million. / COURTESY R.I. STATE POLICE

Coventry estate planning attorney pleads no contest to embezzlement charge in...

PROVIDENCE – Former Attorney Vincent J. Mitchell pleaded nolo contendere Thursday and was sentenced to 20 years with 8 to serve at the ACI...
CVS HEALTH CORP. has agreed to a civil penalty of $535,000 for allegedly filling controlled substance prescriptions even though the pharmacists should have known that the prescriptions were invalid. The company denies wrongdoing even as it will pay the fine. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

CVS pays $535K in civil penalties over alleged filling of invalid...

PROVIDENCE – CVS Health Corp. has agreed to pay a civil penalty of $535,000 to resolve federal allegations that the company’s retail stores violated...

Ex-R.I. state senator sentenced to 2 years in prison for bank...

PROVIDENCE – Former state senator and businessman James E. Doyle II, 47, of Pawtucket, was sentenced Friday to two years in federal prison for...
A WEST WARWICK man was indicted on several counts of tax fraud, wire fraud and tax evasion related to an alleged $14 million Ponzi scheme that defrauded investors of roughly $6 million. / COURTESY CAROL M. HIGHSMITH

West Warwick man indicted for $14M Ponzi scheme

WEST WARWICK – Thomas Huling of West Warwick allegedly ran a $14 million, decade-long Ponzi scheme, defrauding investors of roughly $6 million, according to...

Better Markets applauds Supreme Court decision on liability of fraud

PROVIDENCE – Better Markets, a nonprofit advocating for the public’s interests in financial markets, applauded a new U.S. Supreme Court decision in the case...
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