The jury in Trust Company of the West (TCW [see profile]
) v Gundlach has spoken, but the judge still has the final word on one thing: how much damages Jeff Gundlach
and his DoubleLine [see profile]
colleagues must pay over the theft of trade secrets claim.
To read the rest of the story of the fight between Gundlach and TCW, click here.
Pensions & Investments
and the Wall Street Journal
both ponder what's next for DoubleLine and TCW.
TCW wants $89 million in "reasonable royalties" for the trade secrets issue.
P&I talked with a number of fundsters and others about the two companies' futures, in light of the verdicts. Those who weighed in include: Moustapha Abounadi
, managing director and head of fixed-income research at consulting firm Rogerscasey
; Geoff Bobroff
of Bobroff Consulting; Steven Charlton
, partner and director of consulting services at consulting firm NEPC
; David Morton
, a partner at Rocaton Investment Advisors
; TCW v. Gundlach jury foreman Matthew Lane-Warren
; and Gundlach himself.
Neil Anderson, Managing Editor
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