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WHAT HAPPENED? Traffic moves across the open half of the Washington Bridge along Interstate 195. As the state prepares for potential lawsuits against contractors who worked on the bridge, officials say they will likely delay releasing an analysis of how the westbound part of the bridge got into such poor condition and now needs to be rebuilt. / PBN FILE PHOTO

The wait for accountability on Washington Bridge debacle gets longer, but...

For months, a full-scale accounting of the failure of the Washington Bridge has been out of reach for the general public. Now some are questioning...

Stokes named new R.I. Division of Equity, Diversity and Inclusion leader

PROVIDENCE – The R.I. Division of Equity, Diversity and Inclusion has a new leader familiar to many Rhode Islanders.  Keith W. Stokes, the former executive...

Stokes sets his sights on small businesses, workforce training in Providence

PROVIDENCE – His background includes involvement in the ill-fated 38 Studios deal a decade ago, but luring major companies to Providence with multimillion-dollar offerings...

McKee expects nothing criminal to come of Silva investigation

PROVIDENCE – Gov. Daniel J. McKee said he doesn't believe anything of a criminal nature will come out of the R.I. Attorney General's investigation...

We all must move on from 38 Studios

The state Supreme Court on Feb. 19 ensured that if there are indeed lessons still to be learned from the long-running 38 Studios investigation,...
THE R.I. SUPREME COURT has ruled that materials related to the grand jury investigation of the 38 Studios debacle shall remain sealed.

R.I. Supreme Court rules 38 Studios grand jury materials to remain...

PROVIDENCE – The R.I. Supreme Court ruled that grand jury materials in the 38 Studios investigation should remain sealed in a decision issued on...
A JUDGE HAS cleared Peter M. Cannava, Wells Fargo lead banker on the $75 million in bonds for the video game company 38 Studios, of all charges related to an SEC complaint arguing that the R.I. Economic Development Corp. (predecessor to the R.I. Commerce Corp.), EDC officials, Wells Fargo and Cannava defrauded investors in the issuance of the bonds. Cannava was the only defendant not to settle with the SEC.

Judge rules in favor of Wells Fargo banker in 38 Studios...

PROVIDENCE – Peter M. Cannava, the lead banker on the bonds for 38 Studios at Wells Fargo, has had claims alleging that he aided...
WELLS FARGO has agreed to pay $812,500 to the SEC to settle charges related to the financing of 38 Studios.

Wells Fargo agrees to $813K settlement to SEC over 38 Studios...

PROVIDENCE – Wells Fargo Securities LLC has agreed to a $812,500 settlement with the Securities and Exchange Commission over its role in the 38...

Despite false start, transformation of Jewelry District taking shape

On a recent gray, autumn afternoon, early rush-hour traffic was backing up along Point Street in the old Jewelry District in downtown Providence. Most...
38 STUDIOS' final assets in receivership were sold for $900,000 to video game company THQ Nordic. The company acquired the intellectual property for "Kingdoms of Amalur" and the unfinished "Copernicus" massively multiplayer online role playing game.

THQ Nordic buys 38 Studios’ remaining assets for $900K

PROVIDENCE – THQ Nordic has acquired the intellectual property of “Kingdoms of Amalur,” among other assets from 38 Studios LLC, the company announced Thursday. The...
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