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No federal charges over 38 Studios

Updated: September 28, 2012, 5:29 PM ET
Associated Press

PROVIDENCE, R.I. -- No federal criminal charges will be brought in the case of the video game company owned by former Red Sox pitcher Curt Schilling, which received a $75 million state loan guarantee before going belly up, the U.S. Attorney's office in Rhode Island said Friday. A state investigation continues.

Jim Martin, a spokesman for U.S. Attorney Peter Neronha, told The Associated Press the office conducted a narrow and focused review of 38 Studios to see if any federal laws were broken, ...

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