5:00 AM on 10.01.2012 |
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Earlier this summer news broke that the Rhode Island U.S. Attorney and FBI would be launching a criminal investigation into the finances of defunct Kingdoms of Amalur: Reckoning developer 38 Studios. On Friday, a spokesman for U.S. Attorney Peter Neronha, told The Associated Press that their office looked into the possibility of bank fraud or violation of federal law, but "no further federal action is planned at this time."
That doesn't mean former Red Sox pitcher Curt Schilling and his company are entirely out of the woods, however. Col. Steven O'Donnell, head of the Rhode Island State Police, said the matter is still being investigated on the state level and his office would still pursue any and all leads.
Prior to closing up shop and laying off its entire staff, 38 Studios spent more than $133 million. The developer's bankruptcy filing leaves the taxpayers of Rhode Island on the hook for that sum, which has prompted the state Economic Development Corp. to investigate if they have a cause of action against another party to recover financially from the deal.
38 Studios, Curt Schilling's Video Game Company, Will Not Face Federal Charges [Huffington Post]
Curt Schilling has requested a judge throw out the lawsuit against his now-defunct development house. Following the dissolution of 38 Studios, the Rhode Island Economic Development Corporation accused Schilling and his busine...
Former MLB pitcher Curt Schilling is selling his personal effects to pay off the debts of 38 Studios. Last year, the company released Kingdoms of Amalur: Reckoning only to file for bankruptcy and shutter months later. Am...
This year was great in general for videogames. Beyond the predictable success of games like Halo 4 and Call of Duty: Black Ops II, there were a ton of hits that came out of nowhere, including not just big publisher titles, bu...
Earlier this summer news broke that the Rhode Island U.S. Attorney and FBI would be launching a criminal investigation into the finances of defunct Kingdoms of Amalur: Reckoning developer 38 Studios. On Friday, a spokesman fo...
Hey guys! Today's Destructoid Show was very exciting, because Tara's mom was here.
Today we talk about G4 trying to become GQ, XCOM: Enemy Unknown's PC pre-purchase perks, Capcom's ten minutes of Remember Me, Rayman Jungle Run, Trials Evolution coming to PC, and most importantly: Fart Cat. Also, Tara's a backup dancer in Zumba Fitness Core, so go buy that right now.
The demise of 38 Studios has been a well chronicled one, but perhaps you're interested in knowing exactly how much money the now defunct developer used prior to shuttering earlier this year. According to WPRI, that figure exc...
The death knell has sounded for 38 Studios. Following the layoff of its entire 379-person staff two weeks ago after missing a $1.125 million loan payment to Rhode Island, the developer of Kingdoms of Amalur: Reckoning and the...
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It's a very sad day in the gaming industry, as 38 Studios has laid off its entire workforce -- including Baltimore-based studio Big Huge Games -- due to the financial turmoil the company has been in. That's 379 people suddenl...