As reported to the FAA. Reports are unverified, and codes are left as the FAA publishes them.
What was found
PILOTS WERE ASSIGN A ALTITUDE AFTER DEPARTURE, AND FLOW THROUGH THE ASSIGNED ALTITUDE BY 1700 FT. THE PILOTS SELECTED THE ALTITUDE INTO THE ALTITUDE ALERT SYSTEM. THE SYSTEM FAILED TO CAPTURE THE ASSIGNED ALTITUDE. CAUSE WAS A BROKEN WIRE TO THE ALTITUDE ALERT SYSTEM