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SEC launches investigation into Rhode Island's 38 Studios deal United States Securities & Exchange Commission to investigate controversial 2010 $75 million taxpayer-backed loan for Curt Schilling's since-failed game company.   A new chapter has been opened in the ongoing case involving defunct Kingdoms of Amalur: Reckoning developer 38 Studios. Image credit: Steven Senne, AP WPRI reports that the United States Securities & Exchange Commission is investigating the controversial $75 million taxpayer-backed loan from the Rhode Island Economic Development Corp...
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