It is the third settlement reached by some of the original 14 defendants in the state’s lawsuit over the failed video-game deal.
Two state lawmakers want a judge to decide whether or not to release the documents used in the 38 Studios investigation.
“Nobody’s saying that there had to be charges filed but we need to see the evidence that would have to be considered,” said Hodgson
Joe Paolino Jr., Frank Caprio Sr. and Richard Weiner reminisce; Dawson Hodgson calls for documents to be released.
U.S. District Judge Jack McConnell did, however, dismiss a Wells Fargo banker from the complaint.
“The collapse of 38 Studios will burden the taxpayers of Rhode Island with millions of dollars of debt for years to come,” said the statemen…
“Politics should have no role in judicial proceedings,” the attorney general said amid more calls for him to reverse his decision.
“The taxpayers have a right to the complete story,” the House speaker said, echoing his leading Republican challenger.
38 Studios, a video game company founded by Schilling, collapsed in 2012 after receiving a $75-million loan backed by Rhode Island taxpay
State Police Col. Steven O’Donnell told reporters that “a bad deal does not always equate to an indictment.”
Curt Schilling will take the stand this fall at trial against the Rhode Island Economic Development Corporation related to the 38 Studios sc…
A new bill reforming and clarifying Rhode Island lobbying rules was signed into law Wednesday, coming in the wake of a Target 12 investigati…
Target 12 investigation into 38 Studios and lobby laws prompted reform bill.
Approaching four years since the suit was filed, a judge denies a request to delay 38 Studios civil suit.
One executive said the game company’s finances were not important “because Rhode Island would be paying us back.”
The state’s top prosecutor said the long-anticipated probe should come to a close soon.
Prominent attorney Max Wistow is now part of defense team for the Commerce Corporation as they prepare for SEC lawsuit in 38 Studios scandal…
A state lawsuit had already revealed Corso may have received just over $2 million.
Stokes and his former deputy director will each have to pay $25,000 fine as part of agreement with feds.
Chief Judge William Smith recused himself from case which has been reassigned to Judge John McConnell.
Rhode Island’s economic development agency says officials who approved a partial $12.5 million settlement last year in the agency’s lawsuit …
Rep. Karen MacBeth said she plans to draft legislation to stop payments in the wake of civil fraud charges filed against the EDC and Wells F…
According to House Oversight Committee chairwoman Karen MacBeth, she spoke on the phone with the SEC months ago.
Federal watchdogs allege state officials and Wells Fargo Securities defrauded investors in the failed video-game deal.
The state continues to press its civil case against eight of the 14 original defendants who helped put together the video-game deal.