Schilling calls 38 Studios suit '100 percent baseless'

Former Red Sox pitcher and Reckoning studio founder Curt Schilling says lawsuit from Rhode Island "wholly without merit."

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Former Red Sox pitcher Curt Schilling has spoken out against the suit he faces from the state of Rhode Island regarding his failed game company, 38 Studios.

Image credit: Steven Senne, AP.

Speaking with The New York Times, Schilling called the state's legal action against him "wholly without merit and 100 percent baseless." Last month, he asked a state judge to toss the lawsuit out altogether.

As a result of 38 Studios' bankruptcy, the Ocean State is faced with an estimated $100 million in debt.

Rhode Island's legal representation was not immediately available to comment.

In November, Rhode Island's Economic Development Corporation sued Schilling and other architects of the controversial $75 million loan that brought 38 Studios to Rhode Island in 2010.

The state continues to argue that the defendants knew or should have known, but failed to inform the EDC Board, that 38 Studios was destined to fail based on 38 Studios' own financial projections.

In total, the complaint includes 17 counts of alleged wrongdoing against 38 Studios. These include counts of fraud, unjust enrichment, civil conspiracy, breach of implied covenant of good faith and fair dealing, negligence, legal malpractice, negligent misrepresentation, fraudulent misrepresentations and omissions, and breach of fiduciary duty.

Schilling will not face federal charges in the 38 Studios case.

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