Updated December 3 at 12:26pm
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
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
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 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
In addition to economic development, education and infrastructure, issues of ethics in governance were front and center in 2016. The behavior of elected officials was scrutinized during and after the most recent session. In May, then-House Finance … 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
(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
Rep. Brian C. Newberry, R-North Smithfield, will run for re-election this year unopposed for the first time. Initially elected in November 2008, he was named House minority leader in May 2011. He will not seek to continue as House minority leader, … 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
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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