BISYS Delays Filing Form 10-k After Fund Services Employee Raises 'Certain Issues'

BISYS is to delay filing its 2003 04 annual report on Form 10 k because a "current employee of its Fund Services business raised certain issues, particularly in connection with the documentation process in the company's preparation for a SAS

By None

BISYS is to delay filing its 2003-04 annual report on Form 10-k because a “current employee of its Fund Services business raised certain issues, particularly in connection with the documentation process in the company’s preparation for a SAS 70 review.” A special committee of the board, advised by independent counsel, is investigating the matter.

Form 10-k was due on 13 September.

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