(New York Times) A bitter legal war between the bond investor William H. Gross and Pimco, the company he built into one of the biggest asset managers in the world, is over.A lawyer representing Mr. Gross filed a request in California state court on Monday to dismiss the investor’s lawsuit over his 2014 ouster.
The terms of the settlement were not disclosed, although both sides noted in a joint statement that “any proceeds from the suit will be donated to charity.”
