Lawsuits

A federal judge approved the Rhode Island Commerce Corp.’s settlement with the SEC over the state’s failed $75 million deal with videogame company 38 Studios.

A settlement tied to Flint, Michigan’s water contamination crisis alone won’t tax state finances but it underscores a collective burden that poses longer term pressures, S&P Global Ratings says.

Bond insurer ACA Financial Guaranty Corp. has gone to federal court seeking the keys to Buena Vista, Virginia’s city hall and compensatory damages.

A rural California water district is suing its former financial adviser for fraud and professional malpractice, alleging that the firm misrepresented a 1991 assessment bond which later defaulted.