Home Economics Bill Gross, Pimco Settle Lawsuit for $81M

Bill Gross, Pimco Settle Lawsuit for $81M

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Bill Gross, Pimco Settle Lawsuit for $81M

After a very public dispute, Bill Gross and the fund firm he co-founded in Southern California, Pacific Investment Management Co., said Monday that they have reached an “amicable settlement” of a breach of contract lawsuit for $81 million. The fixed income portfolio manager filed the suit in 2015, about a year after he was fired. Gross,…

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