TCW Rests Case In Gundlach's Trade Secrets Trial

Law360, New York (August 31, 2011, 9:06 PM EDT) -- Ex-TCW Group Inc. investment head Jeffrey Gundlach was volatile but talented, the company’s founder Robert Day said in videotaped testimony played for a California jury Wednesday, the same day the fund rested its trade secret misappropriation case against the bond star.

“He was unstable, but he had a tremendous track record,” Day said in the video deposition, adding that TCW CEO Marc Stern tried to resolve problems with Gundlach before the company terminated him in December 2009.

“It was in our best interest, our financial interest,...
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