Updated September 30 at 6:30pm
38 Studios
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(Updated, 5:12 p.m.) The Securities and Exchange Commission on Monday 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 now-defunct video game company 38 Studios LLC. more
Those awaiting the start of the civil suit regarding 38 Studios LLC will have to hold out at least a couple weeks longer, as the start date has been pushed back. more
Scrawled on a piece of lined paper buried deep among thousands of court documents is a handwritten note: "OK to be bold, but this is as aggressive as we've done." The word "aggressive" is underlined and there's an arrow pointing at … more
The state legislature is likely to subpoena former Boston Red Sox pitcher Curt Schilling to compel him to testify regarding the demise of 38 Studios LLC, but the summons is unlikely to carry much power outside of the state. more
A R.I. Superior Court judge on Friday is expected to hear arguments about whether the court should order U.S. Securities and Exchange Commission testimony of J. Michael Saul to be included in an ongoing civil suit regarding 38 Studios LLC. more
Attorney General Peter F. Kilmartin runs his office like a business – and with 236 employees, it's the largest law firm in the state. Kilmartin, in the fifth year of his term-limited tenure, discusses his views on issues ranging from the … more
1You recently led WBEZ/Chicago Public Media. How do Providence's and Rhode Island's audiences compare? American audiences in every town or city have high aspirations for the public-media institution that serves their community. But no two … more
PROVIDENCE – The R.I. Commerce Corp. on Sept. 19 agreed to a $2.5 million proposed settlement between the state and Curt Schilling, three other defendants and their insurer in the ongoing 38 Studios LLC lawsuit. In addition to Schilling, … more
The R.I. Commerce Corporation had an operating loss of $13.9 million for fiscal 2015, associated primarily with the legal costs connected with 38 Studios LLC, according to an audit approved by the corporation’s board of directors Wednesday night. more
PROVIDENCE – First Southwest Co., a financial-planning company, on Aug. 29 filed an objection to a $25.6 million settlement between the state and two other defendants in the ongoing civil lawsuit related to 38 Studios LLC. First … more
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