38 Studios

THE PROPOSED $16 million settlement with First Southwest Co., a former financial adviser for the state when it invested $75 million into the now defunct video game company 38 Studios LLC, will be heard in court on Feb. 9.

38 Studios investigation closes

38 Studios 02/03/2017

PROVIDENCE – The 38 Studios criminal investigation is now closed, Attorney General Peter F. Kilmartin said Friday, even though he said he was ready...

A LEARNING OPPORTUNITY: The settlement with the final defendant in the state's lawsuit over the bonds sold to benefit Curt Schilling's video game company 38 Studios LLC gives Rhode Island the opportunity to close the book on the failed venture. / BLOOMBERG NEWS FILE PHOTO/ TONY AVELAR

With 38 Studios settlement, R.I. should keep looking forward

38 Studios 02/03/2017

The last defendant in the state's lawsuit to recover money from its ill-fated 38 Studios LLC investment has settled for $16 million. All told,...

R.I. Commerce Corp. has agreed to a $16 million proposed settlement with Hilltop Securities Inc. (formerly First Southwest Company) in the 38 Studios litigation.

Commerce RI reaches $16M settlement in 38 Studios lawsuit

38 Studios 02/01/2017

(Updated 11:02 a.m. and 12:03 p.m.) PROVIDENCE - R.I. Commerce Corp. on Wednesday announced a $16 million proposed settlement with First Southwest Co., a former...

THE U.S. Securities and Exchange Commission is nearing a settlement with R.I. Commerce Corp. in the ongoing securities fraud lawsuit related to 38 Studios LLC.

SEC, R.I. near 38 Studios settlement

38 Studios 12/27/2016

PROVIDENCE – The U.S. Securities and Exchange Commission is nearing a settlement with R.I. Commerce Corp. in the ongoing securities fraud lawsuit related to...

RHODEWORKS, Gov. Gina M. Raimondo’s controversial plan to improve state roads and bridges partially by using tolls on trucks, was selected as the 2016 Pell Center Rhode Island Story of the Year.
/ PBN FILE PHOTO/ MICHAEL SALERNO

Pell Center: RhodeWorks top story of 2016

38 Studios 12/09/2016

NEWPORT – RhodeWorks was voted the 2016 Pell Center Rhode Island Story of the Year. RhodeWorks, Gov. Gina M. Raimondo’s controversial plan to improve state...

A Superior Court judge on Friday approved a proposed $2.5 million settlement between the state and former executives of the failed video game company 38 Studios LLC, including former Boston Red Sox pitcher Curt Schilling.

Judge approves proposed $2.5M 38 Studios settlement

38 Studios 09/23/2016

PROVIDENCE – A Superior Court judge on Friday approved a proposed $2.5 million settlement between the state and former executives of the failed video...

State settles with Schilling, others in 38 Studios suit

38 Studios 09/23/2016

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...

THE R.I. COMMERCE CORP. has reached a settlement with 38 Studios founder Curt Schilling and four other defendants in the lawsuit that is looking to collect as much as possible from the company and others to help pay back the moral obligation bonds that the state guaranteed in order to attract the company to Rhode Island. The $2.5 million settlement must be approved by Superior Court.

State reaches $2.5M settlement with Schilling, others in 38 Studios suit

38 Studios 09/19/2016

(Updated, 1 p.m.) PROVIDENCE – The R.I. Commerce Corp. on Monday agreed to a $2.5 million proposed settlement between the state and Curt Schilling, three...

RELEASE THE DOCUMENTS: House Minority Leader Brian C. Newberry is his Statehouse office. He wants Attorney General Peter F. Kilmartin to release documents from the state's 38 Studios investigation. / PBN PHOTO/ MICHAEL SALERNO

Newberry: ‘Elect better people in government’

38 Studios 09/16/2016

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...

Superior Court judge approves 38 Studios settlement of $25.6M

38 Studios 09/09/2016

PROVIDENCE – Despite various objections, a Superior Court judge on Sept. 6 approved a $25.6 million settlement between two defendants and the state in...

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