Wells Fargo Sued by SEC Over Bond Sale for Curt Schilling

Updated on
  • Bank and Rhode Island didn't disclose cash shortfall, SEC says
  • Former Red Sox star's company needed an additional $25 million

Curt Schilling.

Photographer: Scott Eells/Bloomberg

Wells Fargo & Co. and a Rhode Island government agency were sued by a U.S. regulator for allegedly misleading investors about how much money a company led by former Boston Red Sox pitcher Curt Schilling needed to develop a video game.

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