Curt Schilling Objects to 38 Studios Settlement

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Former Red Sox pitcher Curt Schilling is among those objecting to a proposed $12.5 million settlement with four other defendants in the lawsuit over the state's failed $75 million deal with his video game company, 38 Studios.

Lawyers for Schilling and other executives at 38 Studios filed the objection on Monday. They joined in objections previously filed by First Southwest, which advised economic development officials on the deal, and by Wells Fargo Securities, which acted as a placement agent.

The lawsuit was filed in 2012 against Schilling and others as an attempt to recover some of tens of millions the deal cost the state.

The reasoning for the objections was not clear. A memorandum to support the objections was filed under seal. 

Copyright AP - Associated Press
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