These Are the Juiciest Nuggets From Bill Gross's Lawsuit Against Pimco
Bonuses and the Cheesecake Factory.
Bill Gross Sues Pimco Over Forced Departure
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Bill Gross is suing Pimco and its parent company Allianz for “hundreds of millions of dollars,” Bloomberg reports on Thursday. The complaint mostly alleges that Gross was wrongfully pushed out as the bond giant’s chief investment officer by a “cabal” of executives seeking a bigger slice of the bonus pool, but there's plenty of other meat to chew on in the full complaint.
Here are some of the most interesting tidbits straight from the document.