The Bottom Line: The Latest Settlement In The Ongoing Legal Battle Over 38 Studios

Sep 23, 2016

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment, The Bottom Line.

This week Mark and Dave discuss the state of the 38 Studios settlements. In the latest deal, executives from the failed video game company, including former Red Sox pitcher Curt Schilling, agreed to pay $2.5 million to the state. This was the second settlement announced this month; the other was worth $25 million, with financial firms Wells Fargo and Barclays Capital.

The state's lawsuit to recoup funds from the bankruptcy is still slated to go to trial in October, with just one defendant, financial advisor First Southwest remaining.

Editor’s note: this discussion was taped a day before the $2.5 million dollar settlement was approved by a judge.

When to listen:

You can hear The Bottom Line each Friday at 5:50 pm.