Gundlach Says He Barred Use Of TCW Secrets At New Co.

Law360, Los Angeles (August 16, 2011, 2:47 PM EDT) -- Facing allegations that he stole trade secrets with plans to start competitor DoubleLine Capital LP, former TCW Group Inc. investment head Jeffrey Gundlach told a California jury on Tuesday that he prohibited DoubleLine employees from using TCW information from the start.

“The very first day, I put in a policy of no use of any TCW information whatsoever,” Gundlach testified under questioning by his attorney Mark Helm of Munger Tolles & Olson LLP, pointing to emailed instructions he sent to DoubleLine employees Dec. 14, 2009, the...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.