(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.
Cranston’s Saletin Real Estate Group recently acquired Foxfield Plaza here for $5.5 million and is proposing to redevelop the 19-acre site at 369 Central St. into a mixed-use development called Forbes Crossing.
(Updated 12:42 p.m.)
Johnson & Wales University announced Thursday its new Center for Science and Innovation has been named after John J. Bowen, the school’s chancellor, in honor of the work he has done in that position.