MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, September 14, 2011 Gundlach and TCW Await a Verdict The trial of Trust Company of the West (TCW [see profile]) versus Jeff Gundlach of DoubleLine [see profile] is almost over. Yesterday attorneys for both sides made their closing arguments to the jury of five women and seven men, and now the jury must decide. To read the rest of the story of the fight between Gundlach and TCW, click here. Bloomberg, the Los Angeles Times, Pensions & Investments and Reuters all covered the lawyer's final remarks yesterday. "They secretly stole," TCW attorney John Quinn reportedly said about Gundlach and his DoubleLine colleagues. "They were preparing to eliminate TCW as a competitor." DoubleLine attorney Brad Brian countered that TCW's sudden firing of Gundlach was "premeditated." "They shot him without warning," Brian reportedly said. "This was not a random act." Printed from: MFWire.com/story.asp?s=37801 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |