The mutual fund group of Bank One, which reached a settlement last year with New York and the Securities and Exchange Commission over allegations of trading abuses, is now being sued by West Virginia.

According to The Associated Press, West Virginia Attorney General Darrell V. McGraw Jr. has filed suit against Bank One Investment Advisors on grounds that its investment advisers allowed rapid trading and late trading in its mutual funds. The state attorney also alleges that the money manager improperly disclosed fund holdings.

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