Lawmakers Want Investor Info In Solyndra Loan Probe

Law360, New York (September 22, 2011, 4:19 PM EDT) -- Lawmakers investigating $535 million in federal loan guarantees to now-bankrupt Solyndra LLC asked two venture capital firms Wednesday to turn over reams of documents about their relationship with the troubled solar panel maker.

Rep. Fred Upton, R-Mich., and other members of the U.S. House of Representatives sent identical letters to key Solyndra investors Argonaut Private Equity and Madrone Capital Partners, requesting that they produce within a week material related to Solyndra's loan guarantees from the U.S. Department of Energy, the company's scrubbed initial public offering, a...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.