Ready your “beating a dead horse” memes one last time, MMORPG readers, because baseball star and video game mess Curt Schilling has finally settled at least part of the Rhode Island lawsuit lodged against him and 38 Studios.
According to the Boston Globe, Schilling, Thomas Zaccagnino, Richard Wester, Jennifer MacLean, and insurer Starr Indemnity and Liability Co. will “settle their part of a lawsuit brought by Rhode Island authorities after the video game company went bankrupt,” though the deal must still be approved by the court.
The company went bankrupt in 2012 after accepting $75 million in loans from the state of Rhode Island. Its flagship MMORPG, codenamed Project Copernicus, never launched. Local politicians at the time campaigned to turn the bankruptcy into a national fiasco, accusing the state government of colluding with the company to swindle taxpayers.
Back in July, Rhode Island officials brought their criminal investigation to a close, saying there was insufficient evidence of criminal wrongdoing for even a grand jury finding. The SEC’s fraud investigation continues and could influence future charges brought against those involved.