March 29, 2017 BY Valentina Kirilova

Bill Gross and PIMCO reach a roughly $81 million settlement

Bill Gross has reached a $81 million settlement of his lawsuit against Pacific Investment Management Co (Pimco), ending a long two and a half year drama over the well-known bond investor's abrupt departure from the investment management giant, Reuters reported earlier today. Gross and Pimco said in a joint statement the settlement was "amicable," and…

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