Bill Gross, once best known as ‘the bond king,’ took the legal world by storm last week when he sued Pacific Investment Management Co., alleging the bond trading firm he founded wrongfully fired him just days before he would have received a large bonus in late 2014.
In the complaint, Gross describes how a “ cabal " of his ex-colleagues were “driven by a lust for power, greed, and a desire to improve their own financial position and reputation at the expense of investors and decency” when they fired him. It seeks hundreds of millions of dollars in owed compensation and ...
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