Federal judge approves 38 Studios settlement

PROVIDENCE – A federal judge on April 3 ordered R.I. Commerce Corp. to pay $50,000 to settle allegations it defrauded investors to fund the now-defunct video game company 38 Studios LLC, owned and run by former Boston Red Sox pitcher Curt Schilling. U.S. District Judge John J. McConnell Jr. approved a settlement between Commerce and…

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