ATF agents raided the Oklahoma home of FFL-holder Russell Fincher, and seized 50 of his legally-owned firearms. The ATF cited Fincher for entries that were difficult to read and a mis-written serial number. They claimed he was selling guns to criminals as one firearm that he sold was recovered at a crime scene in California.
The ATF also attempted to entrap Mr. Fincher by using an informant, who was an admitted felon, to attempt to purchase a firearm. Fincher refused to sell him a firearm but agreed to sell him ammunition. The ATF would later claim this was a felony: It is a felony for a convicted felon to posses ammunition, but it is not a felony to sell ammunition to a felon.
Fincher relinquished his FFL in an attempt to get the ATF to back off.