TCW Says Its Ex-Investment Head Plotted To Exit

Law360, Los Angeles (August 2, 2011, 9:10 PM EDT) -- TCW Group Inc. told a California jury Tuesday that its former Chief Financial Officer Jeffrey Gundlach hunted for a new office space months before his December 2009 termination, arguing he had a plot to abandon the company and start a competing investment firm.

Barbara VanEvery, director of communications for DoubleLine Capital LP, conceded Tuesday that she worked with commercial real estate agents to secretly look for new office space while she was a TCW senior vice president in September 2009. However, she denied knowing of a...
To view the full article, register now.