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  • Blog Post: SEC Files Charges Against Rhode Island, Wells Fargo Over 38 Studios Collapse

    The Rhode Island Economic Development Corporation, which issued $75 million in bonds for Curt Schilling’s 38 Studios, is now facing federal charges. The organization and underwriter Wells Fargo have been accused by the Securities and Exchange Commission of defrauding investors. $50 million of those... More
  • Blog Post: Wells Fargo, THQ Reach Temporary Loan Agreement

    The embattled publisher released a statement today announcing an agreement reached with Wells Fargo. The financial institution "has agreed to forbear from exercising its rights and remedies against THQ" for previous defaults on loans made to the publisher. Wells Fargo could reevaluate its decision... More
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