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38 Studios declares bankruptcy, authorities investigating company finances

Curt Schilling's 38 Studios has declared bankruptcy, amid Rhode Island and federal authorities opening an investigation into finances at the firm were handled. According to a report on The Providence Journal, the state police, as well as the state attorney general's office, the US Attorney's office and the FBI are investigating where "both the money that came from the state as well as the money that came from Bank Rhode Island," went as well as "ctivities that have recently come to light at 38 Studios." More on Joystiq

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Stephany Nunneley-Jackson

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Stephany is VG247’s News Editor, with 22 years experience (with 15 of them at VG247). With a brain that lacks adhesive ducks, the ill-tempered, chaotic neutral fembot does her best to bring you the most interesting gaming news. She is also unofficially the site’s Lord of the Rings/Elder Scrolls Editor.
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