Bill Gross Sues Pimco For $200 Million Over Forced Ouster

(Reuters) posted on Fri 9 Oct 2015 Permalink

Billionaire bond investor Bill Gross sued his former employer Pacific Investment Management Co and its parent Allianz SE for $200 million, saying a greedy “cabal” of executives drove him out of the bond fund giant he helped found because they wanted his huge bonus for themselves.

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