By Jonathan Stempel, Reuers
Bank of America Corp.’s investment banking unit might be evicted from its midtown Manhattan offices if former broker Theodore Sihpol is convicted over improper trading of mutual funds, a New York state civil court judge ruled.
The judge, Joan Kenney, said Banc of America Securities might have to vacate its offices at 9 West 57th Street because a conviction would void its lease under a state eviction law often used to thwart illegal drug dealing, alcohol use, gambling and prostitution.
For this complete story, please visit Bank of America Unit in NY May be Evicted – Judge.
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