Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:
Chicago, IL, USA, IL 01/27
Chicago, IL USA, IL 10/19

Regularly scheduled events

SEC Investigating 38 Studios Loan

WPRI has word that the U.S. Securities and Exchange Commission is investigating the loan from the Rhode Island Economic Development Corporation to 38 Studios, Curt Schilling's failed video-game startup. This case has been through the legal system more than once already, and they say it's not apparent what the angle is this time: "It's unclear what exactly the SEC is investigating about the 38 Studios transaction, which was finalized in the final months of Carcieri's second term. A lawsuit filed by the EDC last November alleges two top EDC employees, 38 Studios executives and outside advisers all withheld information from the agency's board to win approval of the deal." Thanks GamePolitics.

Email Digg Facebook Twitter   Share More    


 

   Current Headlines
Fable Return Rumor
Epic on the Future of Paragon
BATTLETECH Multiplayer Changes; Linux Edition Delayed
Hyper Universe Launches
Underworld Ascendant Trailer
Mimic Hunter Next Week
Escape from Tarkov Bans Explained
Hero Academy 2 Early Access
Morning Patches
Gatherings & Competitions
Morning Previews
Morning Consolidation
Morning Metaverse
Morning Tech Bits
Morning Safety Dance
Morning Legal Briefs
Game Reviews
Hardware Reviews
etc.
Out of the Blue
  

 



footer

Blue's News logo