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SEC is probing turnpike bonds

Agency is asking if investors misled

October 14, 2006

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The US Securities and Exchange Commission is investigating whether state officials illegally misled bondholders over the past 18 months by repeatedly stating in financial disclosures to investors that Governor Mitt Romney had ordered an ongoing examination of safety in Big Dig tunnels. In fact, the state Highway Department had conducted just one safety inspection in one tunnel, the Interstate 93 ... (Full article: 371 words)

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