Litigation
Jul. 30, 2011
High-stakes Wall St. trial begins
Opening statements began Thursday in the trial of TCW and its ex-star investor Jeffrey Gundlach with each side in the multi-million-dollar dispute claiming it had been wronged and cheated.
Daily Journal Staff Writer
LOS ANGELES - After bond investor Jeffrey Gundlach was unfairly forced out by his bosses at Trust Co. of the West, he was careful not to take trade secrets with him, his attorney told a superior court jury Thursday, the outset of the civil trial between the investment titan and his former firm.
TCW's lawyer said Gundlach was a "bitter," "unhappy" and greedy thief who showed di...
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