REPORT: Bill Gross is suing Pimco

Bill GrossJanusBill Gross

Bill Gross is suing Pimco, the fund management giant he cofounded, according to a report by Andrew Ross Sorkin at The New York Times.

More to follow….

NOW WATCH: How one simple mistake cost ‘Real Housewives’ superstar Bethenny Frankel millions

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.