LOS ANGELES -- Triad Healthcare Inc., whose $167.4 million of refunding certificates of participation are backed by the troubled Cal-Mortgage loan insurance program, has become a target of an investigation by California's department of justice.

Shellyanne Chang, a state deputy attorney general, on Wednesday confirmed that she is supervising "a civil investigation" of Triad Healthcare for the department, an arm of Attorney General Dan Lungren's office.

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