MutualFundWire.com: Ex-BOA Manager Sues
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Friday, October 24, 2003

Ex-BOA Manager Sues


As if being found guilty of late trading at BOA werenít enough, Theodore Sihpol III has sued the bank to pay his legal fees.

According to Sipholís suit, filed in Delaware Chancery Court this week, the BOAís by-laws support his claim that he is entitled to financial assistance from the bank. The suit claims his legal fees so far total $130,000.

So far, BOA hasnít been charged with wrongdoing in Spitzerís ongoing probe. However, the bank has agreed to cooperate.


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