Bill Gross Legal Case Against PIMCO Moves Forward

Mark Melin

Published onMarch 14, 2016

Updated on May 13, 2021

A California court has ruled that the Bill Gross legal case against Pacific Investment Management Co., the firm he founded in 1971, can proceed.

Pimco Bill Gross Janus Capital — Bill Gross at the Morningstar conference in Chicago - June 19th 2014

Bill Gross legal case has merit California judge rules

California Superior Court Judge Martha Gooding ruled on Sunday that Gross’ charge of breach-of-contract against PIMCO, a unit of German insurer Allianz SE, has merit. She ruled that Gross and his legal team "alleges sufficient facts based on allegations concerning his status as the founder, a 40-year history, an alleged track record of bringing success and/or fame...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article

Already a member? Log in here

Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

Bill Gross Legal Case Against PIMCO Moves Forward

Bill Gross legal case has merit California judge rules

Login required to continue reading.

Get Your Business News