Newport city hall newport city council
Newport City Hall.

Ian Donnis, Political Reporter for Rhode Island Public Radio, has shared an exclusive investigation today on how 13 RI cities and towns, including Newport, have continued using First Southwest/Hilltop Securities, the firm sued by the state over the failure of 38 Studios.

According to Donnis, Newport is among 13Rhode Island communities that have used Hilltop as a financial advisor on bond issues since 2014.

Read The Story – Financial Adviser Sued Over 38 Studios Still Has Many Government Clients