You might remember the Los Angeles Unified School District program that kicked off back in 2013 when the district to decided to spend as much as $30 million on iPads for use in classrooms. The program was eventually scrapped following student misuse of the iPads (who can blame them?), but now the U.S. Securities and Exchange commission is getting involved.

According to the Los Angeles Times, the entire education initiative ended up costing the school district as much as $1.3 billion.

Voters had reportedly agreed to spend money on technology back in 2008, but hadn't necessarily agreed on the use of government bond funds to buy tablets that, as of now, are not being used as intended. In fact, the district recently canceled the program altogether and asked Apple contractor Pearson for a refund.

"California law permits the spending of school construction bonds on technology, although it's also important to list the intended uses of bond funds, experts said," The Los Angeles Times explained. "In ballot materials, L.A. Unified clearly designated funds for technology, but did not mention tablets or that students would be allowed to take home the devices. In fact, iPads did not exist when voters approved the most recent bond issue in November 2008."

The Los Angeles Times said that district officials deny wrongdoing in the selection of iPads. The SEC will find out if that's indeed the case.