Gundlach’s Nicked Data Was Threat To TCW: Witness

Law360, New York (August 18, 2011, 7:58 PM EDT) -- An expert witness told a California jury on Thursday that former TCW Group Inc. investment head Jeffrey Gundlach and his company DoubleLine Capital LLC could have easily bled clients from Gundlach’s ex-employer by undercutting fees using trade secrets they allegedly stole.

Andrew Smith, founder of Broadstreet Group LLC, said that the data the former TCW employees allegedly brought with them to DoubleLine would deliver a serious blow to the company and make Gundlach's venture a threat to TCW's ability to retain customers.

The data that was...
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