April 24, 2017 / 7:05 PM / 3 months ago

BRIEF-Eaton Vance confirms a former portfolio manager of unit agreed to plead guilty to fraud charges - SEC filing

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April 24 (Reuters) - Eaton Vance Corp :

* Confirmed an equity options trader and portfolio manager formerly employed by unit, agreed to plead guilty to charges brought by U.S. Attorney For District of Massachusetts

* Initiated complete investigation, committed to ensuring co's funds are fully reimbursed for any harm they have suffered from Amell's fraud

* Says Kevin J. Amell agreed to plead guilty to charges admitting to "defrauding" one or more Eaton Vance-sponsored closed-end funds- SEC filing

* U.S. SEC also announced fraud charges against Kevin Amell relating to his "illegal activities" - SEC filing

* Amell agreed to forfeit about $2 million for diverting trading profits to an undisclosed personal brokerage account over period of about 2 years Source text : (bit.ly/2ptgHsO) Further company coverage:

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