State of Rhode Island Files Lawsuit Against Curt Schilling Over Unsettled Loans Used to Fund Failed Video Game Company

State of Rhode Island Files Lawsuit Against Curt Schilling Over Unsettled Loans Used to Fund Failed Video Game Company

PROVIDENCE, R.I. — The state of Rhode Island has filed a lawsuit against former Red Sox pitcher Curt Schilling
and one-time officials with the state's economic development agency in
connection with a $75 million loan guarantee to his failed video game
company.

The suit was filed Thursday in Rhode
Island Superior Court. In addition to Schilling, who founded 38 Studios,
it names the former executive director of the Economic Development
Corp., Keith Stokes, and another former EDC official who worked closely
on the deal.

Gov. Lincoln Chafee said
in a video message the EDC board took the legal action to try to
"rectify a grave injustice put upon the people of Rhode Island."

A spokeswoman for the EDC said the agency has no comment.

Yardbarker

Follow

Get every new post delivered to your Inbox.

Join 185,804 other followers