TCW Trade Secrets Suit Cites Exec's Drug, Porn Use

Law360, New York (January 8, 2010, 3:44 PM EST) -- Asset manager TCW Group Inc. has sued former investment chief Jeffrey Gundlach and several associates over their departure to establish DoubleLine Capital LP, alleging trade secrets theft and accusing Gundlach of erratic and unprofessional behavior.

TCW, a unit of Societe Generale, filed suit Thursday in the Superior Court of the State of California, County of Los Angeles, asserting claims of breach of fiduciary duty, unfair competition, misappropriation of trade secrets and civil conspiracy, among others.

According to the complaint, Gundlach, TCW's former chief investment officer, spent...
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