After six years and millions of dollars in legal fees, the final round of the much-publicized corporate governance battle between Navellier Management of Reno, Nev., and the independent trustees of Navellier's mutual funds may soon be over.

This past July, the last of the independent trustees, Ken Sletten, won court approval to have his running legal tab paid by Louis G. Navellier, the well-known investment manager of several mutual funds and separately managed accounts. Sletten's legal tab currently stands at $2.3 million but could reach as high as $2.5 million, noted Ralph Alldredge, an attorney with Legal Strategies Group of Emoryville, Calif., who represents Sletten.

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