New Hampshire Business Review - November 18 2011

SEC alleges N.H.-based Ponzi scheme

A Bedford-based Internet trading corporation is actually a Ponzi scheme run by a Canadian resident who used it to pay off previous investors and build up his Ontario horse farm, according to the U.S. Securities and Exchange Commission.The SEC charges…

Retailers sue over 'swipe' fee

The National Retail Federation is suing the Federal Reserve over claims that the 21-cent cap it imposed on debit card "swipe fees" for large banks isn't low enough.The debate over what is a reasonable and proportional amount for retailers to…

Fees disputed in Ezenia bankruptcy case

The bankrupt Ezenia should not pay certain professionals before all others -- especially those it owes money to -- urges the bankruptcy trustee in a matter expected to go before the U.S. Bankruptcy court on Tuesday.The Nashua-based software developer wants…

NHBR About Town: UNTHA America Inc.

UNTHA America Inc., an Austrian-based manufacturer of industrial shredding equipment, has relocated from Newburyport, Mass. to Hampton. Berhard Mueggler, left, president of the company's U.S. operations, said he expects the move will cut its operational costs by 10 percent annually.…

NHBR About Town: Hampton Rotary Club

B.J. 'Doc' Noel, president of the Hampton Chamber of Commerce, left, presents Deb Marsolais, president of the Hampton Rotary Club, a check for $46,500, the rotary's share of the proceeds from the 2011 Hampton Beach Seafood Festival, during which rotary…