The feud between TCW
] and its ex-chief investment officer Jeffrey Gundlach
doesn't appear to be ending any time soon. Yesterday, TCW filed a complaint against DoubleLine Funds Trust. The suit contains accusations of misappropriation
of trade secrets and unfair competition, Bloomberg reports
To read the rest of the story of the fight between Gundlach and TCW, click here.
The suit marks the latest chapter in the drama surrounding
Gundlach's ouster from TCW and the subsequent launch of DoubleLine Capital
TCW ousted Gundlach on December 4, 2009. Two weeks later, Gundlach announced the formation of DoubleLine. In April of this year, the firm launched its first two mutual funds.
TCW in January filed suit against Gundlach and a handful of other individuals. Gundlach launched a countersuit in February.
See also coverage
of the new suit from the Los Angeles Times
Armie Margaret Lee
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