Ex-TCW Investment Chief's Trade Secrets Trial Begins

Law360, Los Angeles (July 28, 2011, 8:58 PM EDT) -- A lawyer for asset manager TCW Group Inc. told a California jury Thursday that former Chief Investment Officer Jeffrey Gundlach plotted for months to set up direct competitor DoubleLine Capital LP, breaching his fiduciary duties and stealing trade secrets.

But attorneys for Gundlach fired back, saying it was TCW that hatched a secret plot to replace him after its French owner, Societe Generale SA, decided he would stand in the way of plans to sell the company — and that it would have to pay him...
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