Bill Gross Lawsuit: El-Erian Wouldn’t Accept Performance ResponsibilityMark Melin
Professional blackjack player and psychology major Bill Gross has a bone to pick with his former colleagues at PIMCO, including one with his one-time anointed successor Mohamad El-Erian, who gross says in a legal complaint didn’t want to be held accountable for performance on risky investments. The suit follows PIMCO receiving a Wells Notice from the SEC regarding performance reporting during Gross's tenure.
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