Bill Gross said to sue Pimco for at least $200 million

October 8, 2015 3:10 PM

46 0

Bill Gross has sued Pimco, the company he co-founded, for at least $200 million, the New York Times reported Thursday.

Gross is seeking “in no event less than $200 million” from Pimco ​for the damage that was done to his reputation in the year before and after he was fired from Pimco, according to the report. The suit takes aim among ​other Pimco officials at Mohamed El-Erian, who was once in line to succeed Gross a...

Also read: PayPal Agrees to Buy Payments Firm Hyperwallet for $400 Million

Read more

To category page