Gundlach after $1.25bn from TCW

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US - Jeffrey Gundlach has filed a counter suit against former employer TCW claiming the firm owes him and his team up to US$1.25bn as part of an agreement that guaranteed them a percentage of management fees.

Gundalch allleged TCW "hatched a scheme" to deprive Gundlach and his team members from their share of the fees. The complaint says: "TCW agreed with Gundlach to share with him and his team a pre...

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