Updated October 26 at 9:26am
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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
First Southwest Co., a financial planning company, on Monday 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. more
PROVIDENCE – The R.I. Commerce Corp. has agreed to a $25.6 million settlement with two more defendants in the ongoing 38 Studios LLC civil lawsuit. The proposed settlement is between Commerce RI, formerly known as the R.I. Economic … more
(Updated 10:10 a.m. and 12:39 p.m.) The R.I. Commerce Corp. said Tuesday that it has agreed to a $25.6 million settlement with two more defendants in the ongoing 38 Studios LLC civil lawsuit. more
If the state's public officials want to make a real difference in Rhode Island's future, they should spend less time on getting to the bottom of the 38 Studios mess and more, a lot more, on the looming public-finance meltdown over unfunded liabilities for local pensions and other post-employment benefits (also known as OPEBs). 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
(Updated 5:18 p.m.) Officials said there will be no criminal charges filed as a result of an investigation into 38 Studios LLC. A press conference was held Friday afternoon at state police headquarters to report findings of the criminal investigation into the failed video game venture by former Boston Red Sox pitcher Curt Schilling that left taxpayers on the hook for a $75 million loan guarantee. more
A R.I. Superior Court judge this week decided to postpone the civil suit regarding 38 Studios LLC, as several pretrial motions are still pending. more
Pending Gov. Gina M. Raimondo’s signature, Rhode Island will establish a new advisory council to oversee local pension plans, which together are underfunded by more than $2 billion. more
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