SUBSCRIBERS
Pimco, Gross settle row over his ouster; proceeds from suit to go to charity
Published Tue, Mar 28, 2017 · 09:50 PM
Newport Beach (United States)
A BITTER legal war between bond investor William Gross and Pimco, the company he built into one of the biggest asset managers in the world, is over.
A lawyer representing Mr Gross filed a request on Monday in California state court to dismiss the investor's lawsuit over his 2014 ouster.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Five new charges for money laundering accused Zhang Ruijin before his plead guilty mention
Bank of Japan keeps rates steady, projects inflation staying near 2% in coming years
Weak yen pressures Bank of Japan’s interest rate decision
Basel Committee adds climate risks to banking supervision standards
Crypto firm sues SEC to fend off oversight of Ethereum
Great Eastern chairman appeals for patience as shareholders fume over share price ‘disaster’