Former Bank of America broker Theodore C. Sihpol III was acquitted last Thursday of 29 criminal charges, including seven counts of grand larceny, for allegedly helping a hedge fund make illegal late trades after the closing bell.

The jury said it could not reach a verdict on the remaining four counts in what was an 11-1 impasse in favor of acquittal, prompting New York Supreme Court Justice James Yates to declare a mistrial on those counts. The charges included a first-degree scheme to defraud, violation of the Martin Act and two counts of falsifying business records. All told, Sihpol was facing up to 30 years in jail.

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