In the Margins

Gross to move forward with PIMCO suit

March 16, 2016

By The Wall Street Journal

A California state judge has cleared a path for Bill Gross’s lawsuit against PIMCO, which had asked that the breach-of-contract suit be dismissed. Judge Martha K. Gooding said Gross provided enough facts to go to court. In an email, PIMCO lawyer David Boies said: “PIMCO is confident that it will prevail when the parties present their evidence to the court.” Read the original story from The Wall Street Journal.

 

 

Most Read

10 Things
10 Things...to know about BDCs

Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...