DoubleLine Cooperates With Probe In TCW Row

Law360, New York (December 10, 2010, 5:41 PM EST) -- DoubleLine Capital LP has said it is cooperating with federal prosecutors' probe into trade secrets allegations brought against the company and founder Jeffrey Gundlach by Trust Co. of the West, where Gundlach formerly served as an investment chief.

Los Angeles-based DoubleLine released a statement Thursday accusing TCW of “mischaracterizing the facts” regarding inquiries by the special inspector general for the Troubled Asset Relief Program and the U.S. Attorney’s Office for the Southern District of New York.

DoubleLine further asserted that TCW’s trade secret claims are falling...
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