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Bill Gross and Pimco, the "engagement" will continue for a long while...
Bill Gross is cleared to pursue $200 million Pimco lawsuit
Bond manager Bill Gross will be able to pursue his lawsuit to recoup at least $200 million he claims that Pacific Investment Management Co owes him in the wake of his 2014 ouster from the firm he co-founded.
California Superior Court Judge Martha Gooding ruled late Sunday that Gross' breach-of-contract lawsuit was strong enough to proceed.
The Santa Ana-based judge said Gross "alleges sufficient facts based on allegations concerning his status as the founder, a 40-year history, an alleged track record of bringing success and/or fame to the enterprise, as well as a series of alleged oral promises/assurances of continued employment."
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http://www.todayonline.com/business/bill...oss-lawyer
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