The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Ex-TCW Prez: It was Obvious Gundlach Was an At-Will Employee Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, September 12, 2011

Ex-TCW Prez: It was Obvious Gundlach Was an At-Will Employee

News summary by MFWire's editors

Pensions & Investments' Randy Diamond has an article on what transpired during the trial between TCW and DoubleLine last Friday.

In his testimony, ex-TCW president William Sonneborn said: "It was obvious he (Gundlach) was an at-will employee."

According to the P&I article, Sonneborn told the court that he never completed a new employment contract in 2007 with Jeffrey Gundlach. Gundlach was ousted from the firm in December 2009 and shortly after, he launched his new firm, DoubleLine.

According to earlier testimony, Gundlach, Sonneborn and ex-TCW chairman Robert Beyer had a verbal agreement on a five-year contract for Gundlach in May 2007. The contract, however, was not signed by the parties. 

Edited by: Armie Margaret Lee

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2023: Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2023
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use