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Here are some of today's top headlines from around the area, including six University of Akron students charged with assault and hazing, a wrongful death suit filed by parents of Chardon High School shooting victims on the anniversary of the shooting and a Copley man is charged with operating a fraudulent investment scheme costing investors $1.8 million.
COPLEY FRAUD: Federal prosecutors filed to charge Copley-resident Anthony Davian, 34, with securities fraud, mail, fraud, wire fraud and money laundering for operating a fraudulent investment scheme that caused his clients $1.8 million, according to the Plain Dealer. Davian used his hedge fund, Davian Capital Advisers, LLC, to sell securities to at least 20 investors across several states in the form of shares in funds in created and controlled, then used that money to pay earlier investors and for personal expenses, including the purchase of an Audi Q7 Prestige.Davian claimed he managed hundreds of millions of dollars and falsified client account statements to trick clients into investing hundreds of thousands of dollars. The case was investigated by agents of the U.S. Secret Service, the IRS and the U.S. Postal Service. Click here to read more at cleveland.com.
KNIGHT FOUNDATION: An amended complaint in a lawsuit filed by businessman Roger Carter against University Park Alliance revealed this week that UPA, Akron leaders and the John S. and James L. Knight Foundation have been involved in a fight since 2013 over proposed housing near University of Akron, according to the Beacon Journal. The president and Akron program director of the Knight Foundation have accused the management of the UPA of deception, specifically former executive director Eric Anthony Johnson. The lawsuit alleges the UPA and Johnson secured a $6 million grant and $1.9 million loan from Knight for working on the redevelopment of 50 city blocks around UA without disclosing that UA had dropped its involvement in the project. Carter, who believes his investment with UPA in the University Square Brown Street housing project is now in jeopardy, is suing the UPA rather than the Knight Foundation for withdrawing their grant in April 2013, alleging that the crisis is the fault of the UPA for being deceptive with the Knight Foundation in the first place. Click here to read more at ohio.com.
DAVEY TREE EXPANDS: Kent-based Davey Tree Expert Co. has expanded again, acquiring Cortese Tree Specialists of Knoxville, Tenn., according to the Beacon Journal. Davey acquired Maier Forest and Tree in Rochester, Minn., and Superior NW Tree & Shrub Care Inc. in Seattle in January, and already has a Wolf Tree subsidiary operating in the Knoxville area. Davey, an employee-owned company, has more 7,000 employees throughout North America, around 500 of which are in Northeast Ohio, and was ranked by the National Center for Employee Ownership as the fifth-largest 100 percent employee owned-company in the U.S. Click here to read more at ohio.com.
CHARDON: On the second anniversary of the Chardon High School shootings, the families of the three slain teenagers filed a wrongful death lawsuit against the school district and the school of convicted shooter T.J. Lane, saying that providing adequate security and assessing the risk Lane posed to others could have prevented the tragedy, according to the Plain Dealer. The parents of Daniel Parmertor, Demetrius Hewlin and Russell King Jr., as well as Nick Walczak, who is in a wheelchair because of the shooting, filed the suit in Lake County Common Pleas Court seeking more than $25,000 in damages. Hours earlier, Russell King, father of Russell King Jr., was found dead in his Chardon Township home. Lane is serving three life sentences after pleading guilty last March. Click here to read more at cleveland.com.
LAKE ERIE: A report from the International Join Commission released Thursday is calling for Ohio to put regulations in place for farmers and others to reduce phosphorus in the water, which contributed to the largest algal bloom in history in 2011, according to the Plain Dealer. The IJC is an independent organization created by Canada and the U.S. to suggest solutions to states and provinces regarding binational waters. The report, titled "A Balanced Diet for Lake Erie: Reducing Phosphorus Loadings and Harmful Algal Blooms," suggests linking the cost and availability of crop insurance to nutrient management practices to reduce phosphorous entering the lake, as well as banning farmers in the Lake Erie watershed from applying any phosphorous-containing manure, biosolids and commercial fertilizers on frozen ground, or ground covered by snow if it drains into Lake Erie, among other suggestions. Click here to read more at cleveland.com.
UA HAZING: University of Akron police announced charges and issued warrants for six members of the Alpha Tau chapter of the Alpha Phi Alpha fraternity for allegedly hazing at least one of their pledges over the course of three weeks to the point of hospitalization, according to the Beacon Journal. The pledge, a 21-year-old senior, was hospitalized nearly a month ago for "multiple nights of beating" and "taking wood," or paddling, at off-campus locations. The warrants were issued for Steven Miles Pitts of Norton; Chauncey Gilliam of Bedford Heights; Traevon D. Leak of Stow, who is the chapter president, and Rinaldo Darius Allen Jr., Clive Ennin and Jlani D. Pryce, all of Akron. Click here to read more at ohio.com.