Gross, Pimco Settle Breach-of-Contract Suit
Former Pimco co-founder and bond guru Bill Gross settled a wrongful termination and breach-of-contract suit against his ex-employer, the two parties said Monday in a joint statement released by Pimco. The terms of the settlement were not released, but a person familiar with the matter said Pimco agreed to pay $81 million. Pimco is owned … Read more