In light of the nearly unprecedented penalties paid by the powerful Westlands Water District to settle Securities and Exchange Commission charges for misleading investors, Congressman Jared Huffman (D-San Rafael) today launched an investigation with several of his congressional colleagues into a major settlement agreement between Westlands and the federal government. The settlement agreement, currently pending in Congress, would forgive hundreds of millions of dollars owed by Westlands yet lacks key safeguards and assurances that the water district will hold up its side
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