Schilling With Manny Delcarmen And A Fan (FN Photo)
A lawsuit by a Rhode Island development agency against Curt Schilling and others can move forward after a ruling today by a state judge. Rhode Island Superior Court Judge Michael Silverstein issued his ruling on the suit filed by the state Economic Development Corporation. The suit charges Schilling, other 38 Studios officials and former employees of the EDC with "fraud, negligence, breach of fiduciary duty, racketeering and conspiracy" in the approval of a $75 million state loan guarantee for the video gaming company. According to Schilling, the state agency made the loan guarantees with "eyes wide open and with full understanding of any risks." The next hearing will be on September 13th.