Trial delayed in suit over Schilling’s failed 38 Studios

FILE - In this Wednesday, May 16, 2012, file photo, former Boston Red Sox pitcher Curt Schilling, center, is followed by members of the media as he departs the Rhode Island Economic Development Corporation headquarters, in Providence, R.I. The U.S. Securities and Exchange Commission on Monday, March 7, 2016, charged Rhode Island's economic development agency and Wells Fargo with defrauding investors in the state's disastrous $75 million deal with 38 Studios, the failed video game company started by the former Red Sox pitcher. (AP Photo/Steven Senne, File)
FILE – (AP Photo/Steven Senne, File)

PROVIDENCE, R.I. (AP) — Officials say the trial in Rhode Island’s lawsuit over the failure of former Boston Red Sox pitcher Curt Schilling’s failed video game company has been delayed again.

The Rhode Island Commerce Corporation says Schilling and others worked together to withhold information when putting together a deal for 38 Studios, which folded in 2012.

The state provided the company $75 million in loan guarantees.

The trial has been rescheduled numerous times. A spokesman for the state judiciary tells WJAR-TV that attorneys and the judge will determine a new date this week.

First Southwest, the state’s financial adviser in the deal, is the only remaining defendant in the case.

Schilling has said his company failed because it didn’t raise enough money, not because he did anything malicious or unlawful.

 

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