TCW Spied On Ex-Investment Head's Emails, CEO Says

Law360, Los Angeles (August 24, 2011, 6:42 PM EDT) -- The TCW Group Inc. CEO Marc Stern told jurors Wednesday that he learned the company's then-Chief Investment Officer Jeffrey Gundlach might have been planning to jump ship after he grew suspicious in September 2009 and asked TCW’s general counsel to monitor Gundlach’s emails.

“I asked [Michael] Cahill, our general counsel, whether we could begin to monitor emails of Mr. Gundlach to see if we could find out what was really happening,” Stern told jurors in a Los Angeles courtroom. “I learned that Mr. Gundlach was having...
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