The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Friday, July 22, 2011|
TCW Can't Talk Porn or Pot in the Fight With Gundlach
The fight between Jeff Gundlach and TCW [see profile] starts in Los Angeles on Monday, and several topics of discussion were just taken off the table. Fortune and the Los Angeles Times report that the judge in the case just agreed to toss TCW's claims that it found marijuana, pornography and sex toys in Gundlach's office after he was fired in December 2009.
To read the rest of the story of the fight between Gundlach and TCW, click here.
The trial instead will focus on the one hand on TCW's claim that Gundlach and the TCW employees he brought to DoubleLine [see profile], his new firm, stole trade secrets, and on the other hand on Gundlach's cross-complaint accusing TCW of breaking his contract to avoid paying him hundreds of millions of dollars in fees.
TCW first sued Gundlach in January 2010, and Gundlach countersued shortly thereafter.
Printed from: MFWire.com/story.asp?s=37387
Copyright 2011, InvestmentWires, Inc.
All Rights Reserved