Updated September 30 at 6:30pm
38 Studios
32 results total, viewing 11 - 20
Investors know that there is no such thing as a low-risk, high-gain investment. Which brings us to 38 Studios LLC. More than five years after the state backed $75 million in bonds to bring the video game developer to the Ocean State from up … more
A Superior Court judge on Friday approved a proposed $2.5 million settlement between the state and former executives of the failed video game company 38 Studios LLC, including former Boston Red Sox pitcher Curt Schilling. more
Despite a renewed call to stop repayment of state moral obligation bonds issued for the now-bankrupt 38 Studios LLC, Fitch Ratings Inc. expects payments will continue and has reaffirmed an AA rating with a stable outlook for the state’s general obligation bonds and consolidated capital development loans. more
The R.I. Economic Development Corp. is urging the R.I. Superior Court to approve a proposed settlement in the ongoing 38 Studios LLC lawsuit, despite a recent legal objection that the state is calling “inflammatory.” more
PROVIDENCE – The Securities and Exchange Commission last week filed charges against the R.I. Economic Development Corp. and its bond underwriter Wells Fargo Securities, alleging fraud that stems from a 2010 municipal bond offering to finance the … more
If Rhode Island taxpayers are repaying a debt secured under fraudulent representation, should they keep paying? The recent disclosure that the Securities and Exchange Commission has filed charges against the state's economic-development … more
Rhode Island received a D+ in the 2015 State Integrity Investigation, which, surprisingly, was the fifth-best score in the nation. more
(Updated, 1 p.m.) The R.I. Commerce Corp. on Monday announced it has agreed to a $2.5 million proposed settlement with Curt Schilling and several other defendants in the 38 Studios lawsuit. more
The House Minority Caucus wants documents related to the 38 Studios LLC criminal investigation released. more
Former Boston Red Sox pitcher and failed video game entrepreneur Curt Schilling took to the Facebook streets this weekend to announce plans to enter the political arena, including an eventual run for president. more
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