State launches inquiry into fund

 
By Randy Ellis
Published: October 12, 2007

The Oklahoma Department of Securities has opened an investigation into a local venture capital firm that is promoting a controversial state tax credit program.

Irving L. Faught , state Securities Department administrator, described the investigation of Foxborough Funding LLC as "technical” in nature and said he expects it to be resolved fairly quickly.

"There is no evidence that we are looking at any kind...


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