North Dakota fund buys out $1.25M Wonder Fund investment that conflicted with fed rules

North Dakota fund buys out $1.25M Wonder Fund investment that conflicted with fed rules

BISMARCK — The first investment by North Dakota’s fledgling Wonder Fund conflicted with federal rules and had to be bought out by a separate state economic development fund. The company that was invested in also has not lived up to its commitment to establish a base in the state, and an official with the LandTrust company says it is still trying to become profitable. The Commerce Department believes the company is moving in the right direction a…