Gross accuses PIMCO of 'inappropriate' action to get case thrown out of court

Suing for his cut in £200m bonus pool

Natalie Kenway
clock • 1 min read

Bill Gross has accused his former employer PIMCO of "luring" the courts dealing with his lawsuit into making "inappropriate factual determinations".

The bond manager said PIMCO was deliberately misconstruing his allegations in order to have the case thrown out of court before he gets a chance to present his evidence, Bloomberg reported. "Mr Gross (pictured) faced endless misleading, false and inaccurate assaults in the press," his lawyers said in the filing in Santa Ana, California. Gross is suing PIMCO, the company he co-founded more than 40 years ago, for his cut in a £200m bonus pool. He said the group, which ousted him in September 2014, denied him a cut in order to increase their own portion of the bonus. Since then, Gross...

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