TCW Expert Says Gundlach Owes $82M In Royalties

Law360, Los Angeles (October 25, 2011, 6:01 PM EDT) -- An expert witness for TCW Group Inc. testified Tuesday that DoubleLine Capital LP owes the fund management firm $81.7 million in royalty fees after a jury found in September that DoubleLine and star investment manager Jeffrey Gundlach misappropriated TCW trade secrets.

Bradford Cornell, a senior consultant to Charles River Associates, said in California Superior Court in Los Angeles County that DoubleLine was able to minimize risks and avoid up to nine months of delays by using TCW's proprietary information to launch its business in 2010....
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