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Jury awards Gundlach $66.7 million in TCW dispute
A six-week trial pitting the fund manager against his former employer engrossed the financial industry, offering a peek inside the inner workings of big investment firms and the out-sized personalities who run them. Both sides sued each other after
Updated: 09/16/2011 01:35P
Gundlach Found Liable for Trade Secret Theft, but Gets Back Pay
The verdict, announced in Los Angeles County Superior Court, capped a trial that lasted nearly two months and captivated the mutual fund world. TCW had claimed that Mr. Gundlach and his associates took client information and proprietary trading systems
Updated: 09/16/2011 01:30P
TCW Statement in Response to Verdict in TCW vs. DoubleLine
"We are gratified by the jury's verdict, which speaks directly to the principles at the heart of this case -- integrity, honesty and trust. The jury found that each of the defendants violated these principles -- that each one of them breached their
Updated: 09/16/2011 01:23P
Jury awards Gundlach $66.7 million in TCW spat
The verdict by the Los Angeles Superior Court jury was reached after just two days of deliberations, and announced in court on Friday morning. The six-week civil trial engrossed the financial industry, offering a peek inside the inner workings of big
Updated: 09/16/2011 01:21P
Jury awards Gundlach $66.7M in TCW spat
The verdict by the Los Angeles Superior Court jury was reached after just two days of deliberations, and announced in court on Friday morning. The six-week civil trial engrossed the financial industry, offering a peek inside the inner workings of big
Updated: 09/16/2011 01:20P
TCW Wins Verdict, No Damages in Gundlach Trial
Jeffrey Gundlach, who was fired from TCW Group Inc. and started his own firm, won a $66.7 million jury award against his former employer for unpaid wages. Gundlach, who has to share the money with
Updated: 09/16/2011 01:17P
Accidental death ruling in inquest of steelworker killed in channel of molten
AN INQUEST jury has recorded an accidental death verdict on a steelworker who fell into a channel of 1400C molten metal. But the jury criticised safety procedures at the Port Talbot Steel Works in 2006 when 49-year-old father of two Mr Downey,
Updated: 09/16/2011 01:02P
Orascom split ruling delayed until December
CAIRO: A Cairo court has ruled that shareholders from Orascom Telecom will be forced to wait until December 17 to have a verdict delivered on their attempts to prevent a split within the company, Dow Jones Newswires reported. The company was scheduled
Updated: 09/16/2011 12:52P
Jury to former NBA star: No discrimination
A federal jury reached a verdict in less than 15 minutes of deliberation Friday that a Buckhead tavern did not violate the civil rights of a former professional basketball player and an Atlanta attorney by asking them to give up their
Updated: 09/16/2011 12:47P
Sexy or Not? Drive, I Don't Know How She Does It, Straw Dogs: Wetpaint
and Carey Mulligan, this modern noir film has all the critics raving. Think The Fast and the Furious... except good. Sexy? Fast cars and gripping suspense. Not-so-sexy? The commercials may draw the wrong crowd to theaters (see The Fast and the Furious
Updated: 09/16/2011 12:45P
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