A status hearing in the state’s lawsuit over the failure of video game company 38 Studios is slated for Friday. The topics will include a proposed settlement involving some of the defendants.
The state announced earlier this month it reached a $12 .5 million settlement with four of the 38 Studios defendants. A judge has to approve the deal for it to go forward.
Some of the defendants who have yet to settle, including former 38 Studios owner Curt Schilling, are objecting to the settlement. The reasons for that have not yet been made public.
38 Studios went bankrupt in 2012. That left state taxpayers on the hook for more than $100 million.
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