Ex-Red Sox Star Accused of Fraud in Rhode Island The state's economic development agency sued Curt Schilling, a former Red Sox pitcher, and some of its former officials on Thursday, saying they misled the state into approving a loan guarantee to Mr. Schilling's failed video game company. The collapse of the company, 38 Studios, is likely to leave the state on the hook for $100 million. Among other things, the lawsuit says, executives at 38 Studios - as well as Keith Stokes, the former executive director of the agency, and others - knew the company would run out of money by 2012, but concealed that knowledge from the agency board.