What happened
The FAA’s narrative, in sentence case. The FAA writes it in capitals and removes private details.
On June 24, 2012, N555TY, a Cessna 340 was being operated by privacy data omittedon a VFR flight from kmdh to kcxo when the aircraft lost power in the left engine. The pilot requested to be diverted to Little Rock (klit) and declined to declare an emergency. The pilot saw oil smoke, from the failed engine and declared he had a fire, when he did not have a fire. The aircraft landed without incident, the pilot was not injured and there was no damage to the airframe.
As the FAA filed it
ON JUNE 24, 2012, N555TY, A CESSNA 340 WAS BEING OPERATED BY ^PRIVACY DATA OMITTED^ON A VFR FLIGHT FROM KMDH TO KCXO WHEN THE AIRCRAFT LOST POWER IN THE LEFT ENGINE. THE PILOT REQUESTED TO BE DIVERTED TO LITTLE ROCK (KLIT) AND DECLINED TO DECLARE AN EMERGENCY. THE PILOT SAW OIL SMOKE, FROM THE FAILED ENGINE AND DECLARED HE HAD A FIRE, WHEN HE DID NOT HAVE A FIRE. THE AIRCRAFT LANDED WITHOUT INCIDENT, THE PILOT WAS NOT INJURED AND THERE WAS NO DAMAGE TO THE AIRFRAME.